Vestmark Advisory Solutions Inc. Purchases New Holdings in Orix Corp Ads $IX

Vestmark Advisory Solutions Inc. acquired a new position in Orix Corp Ads (NYSE:IX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,837 shares of the real estate investment trust’s stock, valued at approximately $537,000.

Several other large investors have also modified their holdings of IX. Gilman Hill Asset Management LLC raised its holdings in shares of Orix Corp Ads by 0.4% in the second quarter. Gilman Hill Asset Management LLC now owns 196,669 shares of the real estate investment trust’s stock worth $4,429,000 after buying an additional 705 shares during the period. Naples Global Advisors LLC grew its position in Orix Corp Ads by 0.8% in the 2nd quarter. Naples Global Advisors LLC now owns 92,365 shares of the real estate investment trust’s stock valued at $2,080,000 after acquiring an additional 764 shares during the last quarter. Yousif Capital Management LLC grew its position in Orix Corp Ads by 8.2% in the 2nd quarter. Yousif Capital Management LLC now owns 12,225 shares of the real estate investment trust’s stock valued at $275,000 after acquiring an additional 925 shares during the last quarter. Ethic Inc. increased its stake in Orix Corp Ads by 8.9% in the second quarter. Ethic Inc. now owns 11,783 shares of the real estate investment trust’s stock worth $261,000 after purchasing an additional 962 shares during the period. Finally, Brooklyn Investment Group lifted its position in shares of Orix Corp Ads by 132,800.0% during the first quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,328 shares during the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on IX shares. Wall Street Zen cut shares of Orix Corp Ads from a “strong-buy” rating to a “buy” rating in a report on Friday, August 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Orix Corp Ads in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Orix Corp Ads Stock Up 0.8%

NYSE:IX opened at $25.45 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.76 and a quick ratio of 1.72. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $27.21. The company has a 50-day moving average of $25.66 and a 200 day moving average of $23.59. The firm has a market cap of $29.01 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 0.91 and a beta of 0.89.

Orix Corp Ads Profile

ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.