Oppenheimer & Co. Inc. increased its holdings in shares of Orange S.A. (NYSE:ORAN – Free Report) by 315.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 86,281 shares of the technology company’s stock after acquiring an additional 65,497 shares during the period. Oppenheimer & Co. Inc.’s holdings in Orange were worth $1,029,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. CWM LLC raised its position in Orange by 44.6% during the 1st quarter. CWM LLC now owns 2,790 shares of the technology company’s stock valued at $33,000 after purchasing an additional 860 shares in the last quarter. CENTRAL TRUST Co raised its position in Orange by 162.2% during the 3rd quarter. CENTRAL TRUST Co now owns 4,720 shares of the technology company’s stock valued at $42,000 after purchasing an additional 2,920 shares in the last quarter. Dividend Assets Capital LLC raised its position in Orange by 100.0% during the 4th quarter. Dividend Assets Capital LLC now owns 4,660 shares of the technology company’s stock valued at $46,000 after purchasing an additional 2,330 shares in the last quarter. Money Concepts Capital Corp raised its position in Orange by 2,553.0% during the 4th quarter. Money Concepts Capital Corp now owns 5,306 shares of the technology company’s stock valued at $52,000 after purchasing an additional 5,106 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Orange by 394.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,139 shares of the technology company’s stock valued at $61,000 after purchasing an additional 4,897 shares in the last quarter. 1.07% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on ORAN. StockNews.com began coverage on Orange in a research report on Thursday, August 17th. They set a “buy” rating for the company. Citigroup raised Orange from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 19th.
Orange Price Performance
ORAN opened at $11.07 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.85 and a quick ratio of 0.82. Orange S.A. has a 12 month low of $8.81 and a 12 month high of $13.08. The stock has a fifty day moving average price of $11.37 and a 200-day moving average price of $11.73.
About Orange
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; International Carriers & Shared Services; and Mobile Financial Services segments.
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