Ritholtz Wealth Management Makes New Investment in Orange S.A. (NYSE:ORAN)

Ritholtz Wealth Management bought a new position in shares of Orange S.A. (NYSE:ORANFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 25,505 shares of the technology company’s stock, valued at approximately $292,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. lifted its holdings in Orange by 5.7% during the third quarter. Logan Capital Management Inc. now owns 192,557 shares of the technology company’s stock worth $2,212,000 after acquiring an additional 10,375 shares in the last quarter. Citigroup Inc. lifted its holdings in Orange by 24.1% during the third quarter. Citigroup Inc. now owns 242,746 shares of the technology company’s stock worth $2,789,000 after acquiring an additional 47,191 shares in the last quarter. Mariner LLC lifted its holdings in Orange by 9.1% during the third quarter. Mariner LLC now owns 177,316 shares of the technology company’s stock worth $2,037,000 after acquiring an additional 14,841 shares in the last quarter. UBS Group AG lifted its holdings in shares of Orange by 544.6% in the third quarter. UBS Group AG now owns 329,702 shares of the technology company’s stock valued at $3,788,000 after purchasing an additional 278,550 shares in the last quarter. Finally, First Affirmative Financial Network lifted its holdings in shares of Orange by 19.8% in the fourth quarter. First Affirmative Financial Network now owns 33,273 shares of the technology company’s stock valued at $380,000 after purchasing an additional 5,488 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Orange from a “hold” rating to a “buy” rating in a report on Monday, February 19th.

Read Our Latest Stock Report on ORAN

Orange Price Performance

Shares of Orange stock opened at $11.71 on Tuesday. The stock’s 50-day moving average is $11.66 and its 200-day moving average is $11.71. Orange S.A. has a one year low of $10.97 and a one year high of $13.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.79 and a current ratio of 0.83.

About Orange

(Free Report)

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. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.

Further Reading

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Institutional Ownership by Quarter for Orange (NYSE:ORAN)

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