Healthcare of Ontario Pension Plan Trust Fund Purchases 49,200 Shares of Orix Corp Ads $IX

Healthcare of Ontario Pension Plan Trust Fund grew its position in Orix Corp Ads (NYSE:IX) by 75.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 114,400 shares of the real estate investment trust’s stock after acquiring an additional 49,200 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Orix Corp Ads were worth $3,431,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Atlas Capital Advisors Inc. bought a new position in Orix Corp Ads during the fourth quarter worth about $28,000. V Square Quantitative Management LLC acquired a new position in Orix Corp Ads in the fourth quarter valued at about $34,000. Kestra Advisory Services LLC bought a new stake in shares of Orix Corp Ads in the fourth quarter worth about $35,000. Geneos Wealth Management Inc. increased its holdings in shares of Orix Corp Ads by 4,325.5% in the first quarter. Geneos Wealth Management Inc. now owns 2,080 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 2,033 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Orix Corp Ads by 56.5% during the fourth quarter. Farther Finance Advisors LLC now owns 3,212 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 1,160 shares during the period. Institutional investors own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IX. Wall Street Zen cut Orix Corp Ads from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Zacks Research lowered shares of Orix Corp Ads from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Weiss Ratings upgraded shares of Orix Corp Ads from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Orix Corp Ads presently has a consensus rating of “Hold”.

Orix Corp Ads Price Performance

Shares of NYSE IX opened at $40.43 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.77 and a quick ratio of 1.73. The business has a 50-day moving average of $39.26 and a 200-day moving average of $34.81. The stock has a market capitalization of $44.88 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 0.84 and a beta of 0.89. Orix Corp Ads has a fifty-two week low of $22.51 and a fifty-two week high of $41.00.

Orix Corp Ads (NYSE:IX) last released its earnings results on Tuesday, March 31st. The real estate investment trust reported $1.64 earnings per share (EPS) for the quarter. Orix Corp Ads had a return on equity of 9.93% and a net margin of 13.55%.The business had revenue of $6.03 billion for the quarter. As a group, sell-side analysts predict that Orix Corp Ads will post 4.59 earnings per share for the current fiscal year.

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.