Orange S.A. (NYSE:ORAN) Shares Sold by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp reduced its position in Orange S.A. (NYSE:ORANFree Report) by 12.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 14,305 shares of the technology company’s stock after selling 2,084 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Orange were worth $164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Logan Capital Management Inc. lifted its position in Orange by 5.7% during the 3rd 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 position in Orange by 24.1% during the 3rd 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 position in Orange by 9.1% during the 3rd 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 position in Orange by 544.6% during the 3rd quarter. UBS Group AG now owns 329,702 shares of the technology company’s stock worth $3,788,000 after acquiring an additional 278,550 shares in the last quarter. Finally, First Affirmative Financial Network lifted its position in Orange by 19.8% during the 4th quarter. First Affirmative Financial Network now owns 33,273 shares of the technology company’s stock worth $380,000 after acquiring an additional 5,488 shares in the last quarter.

Orange Price Performance

ORAN stock opened at $10.88 on Friday. Orange S.A. has a 52-week low of $10.86 and a 52-week high of $12.41. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.79 and a current ratio of 0.83. The stock’s 50 day moving average is $11.41 and its two-hundred day moving average is $11.62.

Orange Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, June 21st. Stockholders of record on Monday, June 3rd will be issued a $0.4523 dividend. This represents a dividend yield of 5.1%. This is an increase from Orange’s previous semi-annual dividend of $0.32. The ex-dividend date of this dividend is Monday, June 3rd.

Analyst Ratings Changes

Several research firms recently commented on ORAN. StockNews.com lowered Orange from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. began coverage on Orange in a report on Wednesday, April 17th. They set an “overweight” rating on the stock. Finally, Sanford C. Bernstein began coverage on Orange in a report on Friday, May 24th. They set an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Orange currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.08.

View Our Latest Research Report on Orange

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.

Featured Articles

Want to see what other hedge funds are holding ORAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Orange S.A. (NYSE:ORANFree Report).

Institutional Ownership by Quarter for Orange (NYSE:ORAN)

Receive News & Ratings for Orange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange and related companies with MarketBeat.com's FREE daily email newsletter.