Vise Technologies Inc. Invests $176,000 in Orange S.A. (NYSE:ORAN)

Vise Technologies Inc. bought a new position in Orange S.A. (NYSE:ORANGet Rating) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,906 shares of the technology company’s stock, valued at approximately $176,000.

Several other institutional investors also recently modified their holdings of ORAN. Northern Trust Corp boosted its position in shares of Orange by 0.9% during the fourth 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 last quarter. Dimensional Fund Advisors LP boosted its position in shares of Orange by 6.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 278,900 shares of the technology company’s stock valued at $2,942,000 after buying an additional 17,580 shares during the last quarter. Mutual Advisors LLC purchased a new stake in shares of Orange during the fourth quarter valued at $461,000. Barclays PLC boosted its position in shares of Orange by 154.9% during the fourth quarter. Barclays PLC now owns 556,233 shares of the technology company’s stock valued at $5,869,000 after buying an additional 338,035 shares during the last quarter. Finally, Waterfront Wealth Inc. boosted its position in shares of Orange by 7.7% during the fourth quarter. Waterfront Wealth Inc. now owns 113,101 shares of the technology company’s stock valued at $1,193,000 after buying an additional 8,047 shares during the last quarter. 1.08% of the stock is owned by hedge funds and other institutional investors.

Orange Trading Down 0.8 %

NYSE ORAN opened at $10.07 on Friday. The stock’s 50-day moving average price is $10.27 and its 200-day moving average price is $11.31. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. Orange S.A. has a 52 week low of $9.85 and a 52 week high of $12.71.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ORAN. Sanford C. Bernstein raised Orange from a “market perform” rating to an “outperform” rating in a report on Monday, June 13th. StockNews.com downgraded Orange from a “buy” rating to a “hold” rating in a report on Friday, September 2nd. Barclays lowered their target price on Orange from €10.50 ($10.71) to €10.00 ($10.20) in a report on Friday. Finally, Morgan Stanley increased their target price on Orange from €11.00 ($11.22) to €13.00 ($13.27) and gave the company an “equal weight” rating in a report on Tuesday, July 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target 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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