Private Advisor Group LLC Acquires 10,123 Shares of Orange S.A. (NYSE:ORAN)

Private Advisor Group LLC increased its holdings in shares of Orange S.A. (NYSE:ORANGet Rating) by 10.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 105,740 shares of the technology company’s stock after acquiring an additional 10,123 shares during the quarter. Private Advisor Group LLC’s holdings in Orange were worth $1,250,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Advisor Group Holdings Inc. increased its holdings in Orange by 3.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 34,122 shares of the technology company’s stock valued at $360,000 after buying an additional 1,171 shares during the period. Envestnet Asset Management Inc. increased its holdings in Orange by 17.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 197,073 shares of the technology company’s stock valued at $2,079,000 after buying an additional 29,318 shares during the period. Northern Trust Corp increased its holdings in Orange by 0.9% in the 4th quarter. Northern Trust Corp now owns 499,202 shares of the technology company’s stock valued at $5,266,000 after buying an additional 4,218 shares during the period. First Trust Advisors LP increased its holdings in Orange by 12.1% in the 4th quarter. First Trust Advisors LP now owns 219,876 shares of the technology company’s stock valued at $2,320,000 after buying an additional 23,650 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Orange by 97.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 62,872 shares of the technology company’s stock valued at $663,000 after buying an additional 31,023 shares during the period. 1.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays upgraded shares of Orange from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, June 22nd. Morgan Stanley raised their price target on shares of Orange from €11.00 ($11.22) to €13.00 ($13.27) and gave the company an “equal weight” rating in a research note on Tuesday, July 12th. StockNews.com downgraded shares of Orange from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Sanford C. Bernstein upgraded shares of Orange from a “market perform” rating to an “outperform” rating in a research note on Monday, June 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.25.

Orange Stock Performance

Orange stock opened at $10.01 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.93 and a current ratio of 0.97. Orange S.A. has a 52-week low of $9.85 and a 52-week high of $12.71. The firm has a 50 day moving average price of $10.62 and a two-hundred day moving average price of $11.50.

Orange Profile

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Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.

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Institutional Ownership by Quarter for Orange (NYSE:ORAN)

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