Callan Family Office LLC Has $603,000 Stock Holdings in Orix Corp Ads (NYSE:IX)

Callan Family Office LLC increased its holdings in shares of Orix Corp Ads (NYSE:IX) by 248.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,885 shares of the real estate investment trust’s stock after purchasing an additional 20,598 shares during the period. Callan Family Office LLC’s holdings in Orix Corp Ads were worth $603,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in shares of Orix Corp Ads by 10.6% during the 4th quarter. Franklin Resources Inc. now owns 3,141 shares of the real estate investment trust’s stock worth $334,000 after buying an additional 300 shares during the period. BNP Paribas Financial Markets boosted its stake in Orix Corp Ads by 18.5% during the fourth quarter. BNP Paribas Financial Markets now owns 3,437 shares of the real estate investment trust’s stock worth $365,000 after acquiring an additional 537 shares in the last quarter. Townsquare Capital LLC grew its holdings in Orix Corp Ads by 23.8% in the fourth quarter. Townsquare Capital LLC now owns 3,734 shares of the real estate investment trust’s stock worth $397,000 after purchasing an additional 718 shares during the period. LPL Financial LLC increased its stake in Orix Corp Ads by 48.7% in the fourth quarter. LPL Financial LLC now owns 2,648 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 867 shares in the last quarter. Finally, Bruce G. Allen Investments LLC raised its holdings in shares of Orix Corp Ads by 388.5% during the first quarter. Bruce G. Allen Investments LLC now owns 1,270 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 1,010 shares during the period. 1.73% of the stock is currently owned by institutional investors.

Orix Corp Ads Trading Down 0.1%

Shares of Orix Corp Ads stock opened at $25.42 on Thursday. The stock has a market capitalization of $28.97 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 0.96 and a beta of 0.92. Orix Corp Ads has a 52 week low of $17.75 and a 52 week high of $25.53. The stock has a 50 day moving average price of $22.58 and a two-hundred day moving average price of $21.23. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.72 and a current ratio of 1.76.

Orix Corp Ads (NYSE:IX) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.11. Orix Corp Ads had a net margin of 12.70% and a return on equity of 9.01%. The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.96 billion. As a group, equities analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Orix Corp Ads from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 9th.

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.