180 Wealth Advisors LLC Purchases 1,850 Shares of Orange S.A. (NYSE:ORAN)

180 Wealth Advisors LLC lifted its position in shares of Orange S.A. (NYSE:ORAN) by 13.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,147 shares of the technology company’s stock after buying an additional 1,850 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Orange were worth $178,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brandes Investment Partners LP raised its holdings in shares of Orange by 60.7% in the 4th quarter. Brandes Investment Partners LP now owns 1,642,782 shares of the technology company’s stock valued at $18,777,000 after purchasing an additional 620,438 shares in the last quarter. American Century Companies Inc. raised its stake in Orange by 7.7% in the third quarter. American Century Companies Inc. now owns 827,488 shares of the technology company’s stock worth $9,508,000 after buying an additional 59,052 shares in the last quarter. LPL Financial LLC lifted its holdings in Orange by 7.2% during the third quarter. LPL Financial LLC now owns 378,199 shares of the technology company’s stock worth $4,346,000 after buying an additional 25,552 shares during the period. UBS Group AG boosted 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 valued at $3,788,000 after acquiring an additional 278,550 shares in the last quarter. Finally, QRG Capital Management Inc. increased its holdings in shares of Orange by 10.1% in the 4th quarter. QRG Capital Management Inc. now owns 329,342 shares of the technology company’s stock valued at $3,764,000 after acquiring an additional 30,225 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ORAN shares. StockNews.com downgraded Orange from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. Sanford C. Bernstein started coverage on shares of Orange in a report on Friday, May 24th. They issued an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of Orange in a research note on Wednesday, April 17th. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Orange presently has a consensus rating of “Moderate Buy” and an average target price of $13.08.

Orange Stock Performance

ORAN opened at $9.99 on Friday. Orange S.A. has a 52-week low of $9.82 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 firm’s 50-day moving average price is $11.04 and its 200-day moving average price is $11.42.

Orange Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, June 21st. Investors of record on Monday, June 3rd were given 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 was Monday, June 3rd.

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.