Vestmark Advisory Solutions Inc. Invests $537,000 in Orix Corp Ads $IX

Vestmark Advisory Solutions Inc. acquired a new stake in shares of Orix Corp Ads (NYSE:IX) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 23,837 shares of the real estate investment trust’s stock, valued at approximately $537,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IX. Brooklyn Investment Group lifted its position in shares of Orix Corp Ads by 132,800.0% during the first quarter. Brooklyn Investment Group now owns 1,329 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,328 shares during the last quarter. Brentview Investment Management LLC bought a new position in shares of Orix Corp Ads during the 1st quarter worth approximately $37,000. Geneos Wealth Management Inc. raised its stake in shares of Orix Corp Ads by 4,325.5% during the 1st 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. Hantz Financial Services Inc. lifted its position in Orix Corp Ads by 1,105.8% during the second quarter. Hantz Financial Services Inc. now owns 2,484 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 2,278 shares during the last quarter. Finally, NewSquare Capital LLC boosted its stake in Orix Corp Ads by 628.5% in the second quarter. NewSquare Capital LLC now owns 2,659 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 2,294 shares in the last quarter. Hedge funds and other institutional investors own 1.73% of the company’s stock.

Orix Corp Ads Price Performance

Shares of IX opened at $25.45 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.76 and a quick ratio of 1.72. The company’s fifty day moving average price is $25.66 and its 200-day moving average price is $23.59. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $27.21. The firm has a market capitalization of $29.01 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 0.91 and a beta of 0.89.

Wall Street Analyst Weigh In

IX has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Orix Corp Ads in a report on Wednesday, October 8th. Wall Street Zen downgraded Orix Corp Ads from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 22nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

About Orix Corp Ads

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.