Teachers Retirement System of The State of Kentucky Purchases 88,100 Shares of Orix Corp Ads $IX

Teachers Retirement System of The State of Kentucky boosted its position in Orix Corp Ads (NYSE:IX) by 8.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,147,000 shares of the real estate investment trust’s stock after purchasing an additional 88,100 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.10% of Orix Corp Ads worth $29,960,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenleaf Trust lifted its holdings in shares of Orix Corp Ads by 1.1% during the third quarter. Greenleaf Trust now owns 37,437 shares of the real estate investment trust’s stock worth $978,000 after buying an additional 402 shares in the last quarter. Raymond James Financial Inc. increased its position in Orix Corp Ads by 2.7% during the second quarter. Raymond James Financial Inc. now owns 17,157 shares of the real estate investment trust’s stock worth $386,000 after acquiring an additional 457 shares during the period. Global Retirement Partners LLC raised its stake in Orix Corp Ads by 58.2% in the 3rd quarter. Global Retirement Partners LLC now owns 1,444 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 531 shares in the last quarter. Lester Murray Antman dba SimplyRich boosted its holdings in Orix Corp Ads by 1.4% in the 3rd quarter. Lester Murray Antman dba SimplyRich now owns 46,281 shares of the real estate investment trust’s stock valued at $1,208,000 after purchasing an additional 645 shares during the period. Finally, PDS Planning Inc grew its position in shares of Orix Corp Ads by 6.2% during the 3rd quarter. PDS Planning Inc now owns 11,287 shares of the real estate investment trust’s stock worth $295,000 after purchasing an additional 663 shares in the last quarter. 1.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on IX shares. Wall Street Zen downgraded shares of Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Orix Corp Ads in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

Orix Corp Ads Stock Down 4.2%

Shares of IX opened at $34.07 on Tuesday. The firm has a 50 day simple moving average of $31.92 and a two-hundred day simple moving average of $28.24. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.82 and a quick ratio of 1.77. Orix Corp Ads has a one year low of $17.75 and a one year high of $37.04. The company has a market cap of $38.83 billion, a P/E ratio of 12.21, a P/E/G ratio of 0.86 and a beta of 0.71.

Orix Corp Ads (NYSE:IX) last issued its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.18. Orix Corp Ads had a return on equity of 10.69% and a net margin of 15.04%.The company had revenue of $4.78 billion for the quarter, compared to analyst estimates of $4.38 billion. Research analysts forecast that Orix Corp Ads will post 11.31 EPS for the current fiscal year.

Orix Corp Ads Profile

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.