Orange S.A. (NYSE:ORAN) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its stake in Orange S.A. (NYSE:ORANFree Report) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 93,776 shares of the technology company’s stock after selling 1,098 shares during the period. D.A. Davidson & CO.’s holdings in Orange were worth $1,077,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund purchased a new stake in shares of Orange in the third quarter valued at about $40,000. Barclays PLC increased its stake in shares of Orange by 16.4% during the third quarter. Barclays PLC now owns 357,145 shares of the technology company’s stock worth $4,103,000 after acquiring an additional 50,325 shares during the period. NBC Securities Inc. acquired a new position in shares of Orange during the third quarter worth about $263,000. Syon Capital LLC acquired a new position in shares of Orange during the third quarter worth about $157,000. Finally, West Family Investments Inc. grew its position in Orange by 7.5% during the third quarter. West Family Investments Inc. now owns 30,549 shares of the technology company’s stock worth $351,000 after buying an additional 2,138 shares during the period. Institutional investors and hedge funds own 0.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ORAN. Barclays lowered their target price on shares of Orange from $13.00 to $12.50 and set an “overweight” rating on the stock in a research report on Wednesday, October 18th. StockNews.com lowered shares of Orange from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $13.08.

Check Out Our Latest Analysis on Orange

Orange Trading Down 0.3 %

NYSE:ORAN opened at $11.41 on Monday. Orange S.A. has a fifty-two week low of $10.31 and a fifty-two week high of $13.08. The firm’s 50 day moving average is $11.78 and its two-hundred day moving average is $11.63. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.94.

Orange Company Profile

(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; International Carriers & Shared Services; and Mobile Financial Services segments.

See Also

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Institutional Ownership by Quarter for Orange (NYSE:ORAN)

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