Brentview Investment Management LLC Buys Shares of 1,760 Orix Corp Ads (NYSE:IX)

Brentview Investment Management LLC bought a new stake in Orix Corp Ads (NYSE:IX) in the first quarter, HoldingsChannel.com reports. The firm bought 1,760 shares of the real estate investment trust’s stock, valued at approximately $37,000.

Several other large investors have also recently bought and sold shares of IX. Bessemer Group Inc. raised its position in Orix Corp Ads by 3,582.3% in the first quarter. Bessemer Group Inc. now owns 2,283 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 2,221 shares in the last quarter. Yousif Capital Management LLC boosted its stake in shares of Orix Corp Ads by 202.9% during the 1st quarter. Yousif Capital Management LLC now owns 11,300 shares of the real estate investment trust’s stock worth $236,000 after purchasing an additional 7,570 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Orix Corp Ads by 343.2% in the first quarter. GAMMA Investing LLC now owns 5,708 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 4,420 shares during the period. Two Sigma Investments LP purchased a new position in shares of Orix Corp Ads during the 4th quarter worth about $273,000. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Orix Corp Ads by 352.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 20,505 shares of the real estate investment trust’s stock valued at $428,000 after buying an additional 15,969 shares during the period. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Orix Corp Ads Trading Up 0.3%

NYSE IX opened at $22.49 on Thursday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.73 and a current ratio of 1.77. The company has a 50-day simple moving average of $21.94 and a 200-day simple moving average of $20.99. Orix Corp Ads has a one year low of $17.75 and a one year high of $25.17. The firm has a market capitalization of $25.63 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.80 and a beta of 0.86.

Orix Corp Ads (NYSE:IX) last announced its quarterly earnings results on Monday, May 12th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.20). Orix Corp Ads had a return on equity of 8.53% and a net margin of 12.24%. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $5.17 billion. On average, equities analysts forecast that Orix Corp Ads will post 11.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Orix Corp Ads from a “hold” rating to a “buy” rating in a report on Tuesday, May 13th.

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.