Orix Corp Ads (NYSE:IX) Short Interest Up 36.1% in January

Orix Corp Ads (NYSE:IX) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 561,643 shares, an increase of 36.1% from the January 15th total of 412,551 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 186,493 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 186,493 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Orix Corp Ads

Institutional investors have recently bought and sold shares of the stock. CWM LLC raised its position in Orix Corp Ads by 121.9% in the third quarter. CWM LLC now owns 93,913 shares of the real estate investment trust’s stock valued at $2,453,000 after purchasing an additional 51,595 shares during the period. Vise Technologies Inc. acquired a new position in Orix Corp Ads during the 2nd quarter worth approximately $892,000. Simon Quick Advisors LLC purchased a new position in Orix Corp Ads in the 2nd quarter worth approximately $338,000. Hantz Financial Services Inc. grew its position in Orix Corp Ads by 1,105.8% in 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 in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Orix Corp Ads during the second quarter valued at approximately $247,000. 1.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Orix Corp Ads Trading Down 0.8%

NYSE IX traded down $0.28 during mid-day trading on Monday, reaching $36.32. 593,306 shares of the stock were exchanged, compared to its average volume of 241,709. The business’s fifty day simple moving average is $30.58 and its 200 day simple moving average is $27.48. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.77 and a current ratio of 1.82. The stock has a market capitalization of $41.40 billion, a PE ratio of 13.02, a PEG ratio of 0.88 and a beta of 0.74. Orix Corp Ads has a 1-year low of $17.75 and a 1-year high of $37.04.

Orix Corp Ads (NYSE:IX) last released its earnings results on Monday, February 9th. The real estate investment trust reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.18. The firm had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.38 billion. Orix Corp Ads had a return on equity of 10.69% and a net margin of 15.04%. On average, research analysts anticipate that Orix Corp Ads will post 11.31 earnings per share for the current fiscal year.

Orix Corp Ads Company 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.