Vise Technologies Inc. Buys 26,815 Shares of Orix Corp Ads $IX

Vise Technologies Inc. grew its stake in shares of Orix Corp Ads (NYSE:IX) by 66.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,989 shares of the real estate investment trust’s stock after acquiring an additional 26,815 shares during the period. Vise Technologies Inc.’s holdings in Orix Corp Ads were worth $1,957,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IX. Quantinno Capital Management LP boosted its holdings in Orix Corp Ads by 88.2% in the 2nd quarter. Quantinno Capital Management LP now owns 481,327 shares of the real estate investment trust’s stock worth $10,839,000 after buying an additional 225,580 shares during the period. Millennium Management LLC boosted its holdings in Orix Corp Ads by 3,021.1% in the 1st quarter. Millennium Management LLC now owns 203,967 shares of the real estate investment trust’s stock worth $4,261,000 after buying an additional 197,432 shares during the period. Calamos Wealth Management LLC bought a new position in Orix Corp Ads in the 4th quarter worth approximately $4,103,000. Todd Asset Management LLC boosted its holdings in Orix Corp Ads by 6.1% in the 3rd quarter. Todd Asset Management LLC now owns 1,847,014 shares of the real estate investment trust’s stock worth $48,244,000 after buying an additional 105,837 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Orix Corp Ads by 4.4% in the 2nd quarter. Bank of America Corp DE now owns 2,353,948 shares of the real estate investment trust’s stock worth $53,011,000 after buying an additional 99,516 shares during the period. 1.73% of the stock is owned by institutional investors.

Orix Corp Ads Stock Down 0.0%

Shares of NYSE:IX opened at $37.88 on Monday. The firm has a fifty day moving average price of $34.10 and a two-hundred day moving average price of $31.79. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.76 and a quick ratio of 1.71. Orix Corp Ads has a one year low of $21.14 and a one year high of $40.00. The company has a market cap of $42.05 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 1.27 and a beta of 0.88.

Orix Corp Ads (NYSE:IX) last announced its quarterly earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 EPS for the quarter. Orix Corp Ads had a net margin of 13.55% and a return on equity of 9.93%. The firm had revenue of $6.03 billion during the quarter. Analysts anticipate that Orix Corp Ads will post 2.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Orix Corp Ads in a report on Friday, May 8th. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a report on Sunday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

About Orix Corp Ads

ORIX Corporation ADS (NYSE: IX) is the American depositary share listing of ORIX Corporation, a diversified financial services group headquartered in Tokyo, Japan. The company operates across multiple business lines that include leasing and lending, real estate, investment and asset management, and a range of retail and corporate financial services. ORIX’s ADS program allows U.S. investors to access ownership in the Tokyo-based group through shares traded on the New York Stock Exchange.

Core activities include equipment leasing and installment financing for corporate customers, corporate lending and structured finance, and real estate development and property management.