According to Zacks, “ORIX CORP-ADR is a diversified financial services institution with diverse operations in both corporate and retail finance, including: leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment and retail banking, commodities funds and securities brokerage. Their international operations include leasing, rentals, fixed income investment, aircraft and ship financing, commercial mortgage servicing and property development. “
Separately, TheStreet raised shares of Exantas Capital from a d+ rating to a c rating in a report on Thursday, May 2nd.
NYSE:IX opened at $76.71 on Wednesday. The firm has a market capitalization of $19.67 billion, a P/E ratio of 12.29, a price-to-earnings-growth ratio of 0.89 and a beta of 0.96. ORIX has a one year low of $67.00 and a one year high of $85.83. The stock has a 50-day moving average price of $73.11. The company has a quick ratio of 1.52, a current ratio of 1.55 and a debt-to-equity ratio of 1.42.
ORIX (NYSE:IX) last posted its quarterly earnings results on Tuesday, May 7th. The real estate investment trust reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $3.18 by ($2.87). The firm had revenue of $5.80 billion during the quarter. ORIX had a return on equity of 11.16% and a net margin of 13.29%. As a group, analysts expect that ORIX will post 11.99 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace North America L.P. lifted its holdings in ORIX by 158.0% in the first quarter. Marshall Wace North America L.P. now owns 25,422 shares of the real estate investment trust’s stock worth $1,827,000 after acquiring an additional 15,570 shares during the last quarter. Northern Trust Corp lifted its holdings in ORIX by 2.9% in the fourth quarter. Northern Trust Corp now owns 299,228 shares of the real estate investment trust’s stock worth $21,410,000 after acquiring an additional 8,306 shares during the last quarter. Jane Street Group LLC bought a new position in ORIX in the fourth quarter worth about $2,414,000. Mercer Global Advisors Inc. ADV bought a new position in ORIX in the first quarter worth about $750,000. Finally, We Are One Seven LLC lifted its holdings in ORIX by 38.0% in the first quarter. We Are One Seven LLC now owns 3,398 shares of the real estate investment trust’s stock worth $244,000 after acquiring an additional 935 shares during the last quarter. 1.47% of the stock is currently owned by hedge funds and other institutional investors.
ORIX Company Profile
ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.
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