BTC Capital Management Inc. lowered its stake in shares of Orix Corp Ads (NYSE:IX) by 27.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,720 shares of the real estate investment trust’s stock after selling 2,590 shares during the quarter. BTC Capital Management Inc.’s holdings in Orix Corp Ads were worth $544,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its position in Orix Corp Ads by 28.8% during the 3rd quarter. Sei Investments Co. now owns 2,850 shares of the real estate investment trust’s stock worth $231,000 after acquiring an additional 637 shares during the period. River Road Asset Management LLC acquired a new position in Orix Corp Ads during the 3rd quarter worth $235,000. Scout Investments Inc. boosted its position in Orix Corp Ads by 6.9% during the 3rd quarter. Scout Investments Inc. now owns 44,420 shares of the real estate investment trust’s stock worth $3,595,000 after acquiring an additional 2,858 shares during the period. Wright Investors Service Inc. boosted its position in Orix Corp Ads by 5.2% during the 3rd quarter. Wright Investors Service Inc. now owns 12,950 shares of the real estate investment trust’s stock worth $1,048,000 after acquiring an additional 645 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new position in Orix Corp Ads during the 3rd quarter worth $2,589,000. Institutional investors and hedge funds own 1.80% of the company’s stock.
IX has been the subject of a number of analyst reports. Zacks Investment Research lowered Orix Corp Ads from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. BidaskClub upgraded Orix Corp Ads from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd.
Shares of Orix Corp Ads (IX) traded down $1.16 during mid-day trading on Tuesday, reaching $85.10. The company’s stock had a trading volume of 29,400 shares, compared to its average volume of 32,229. The company has a quick ratio of 1.47, a current ratio of 1.50 and a debt-to-equity ratio of 1.41. Orix Corp Ads has a one year low of $73.70 and a one year high of $89.51. The firm has a market cap of $22,560.00, a price-to-earnings ratio of 83.75, a PEG ratio of 1.00 and a beta of 1.49.
Orix Corp Ads Profile
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