Vanguard Personalized Indexing Management LLC Increases Stock Position in Orange S.A. (NYSE:ORAN)

Vanguard Personalized Indexing Management LLC grew its holdings in Orange S.A. (NYSE:ORAN) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,681 shares of the technology company’s stock after acquiring an additional 7,161 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Orange were worth $534,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. New York State Common Retirement Fund bought a new position in Orange in the 3rd quarter worth approximately $40,000. CWM LLC raised its holdings in Orange by 53.1% during the 4th quarter. CWM LLC now owns 3,586 shares of the technology company’s stock worth $41,000 after buying an additional 1,244 shares during the period. Blue Trust Inc. lifted its position in shares of Orange by 31,643.3% in the 4th quarter. Blue Trust Inc. now owns 9,523 shares of the technology company’s stock valued at $109,000 after acquiring an additional 9,493 shares in the last quarter. M&T Bank Corp purchased a new stake in shares of Orange in the fourth quarter valued at $117,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Orange in the 4th quarter valued at about $121,000.

Analysts Set New Price Targets

A number of analysts have issued reports on ORAN shares. Sanford C. Bernstein assumed coverage on shares of Orange in a research note on Friday. They issued an “outperform” rating for the company. StockNews.com cut shares of Orange from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Orange in a research report on Wednesday, April 17th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Orange has a consensus rating of “Moderate Buy” and a consensus price target of $13.08.

Orange Price Performance

Shares of NYSE ORAN opened at $11.61 on Friday. Orange S.A. has a 12 month low of $10.97 and a 12 month high of $12.41. The stock has a 50 day moving average of $11.43 and a 200-day moving average of $11.65. The company has a current ratio of 0.83, a quick ratio of 0.79 and a debt-to-equity ratio of 0.88.

Orange Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, June 21st. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.4523 per share. This represents a yield of 5.1%. The ex-dividend date is Monday, June 3rd. This is a positive change from Orange’s previous semi-annual dividend of $0.32.

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; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.