Orange S.A. (NYSE:ORAN) Position Trimmed by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in Orange S.A. (NYSE:ORAN) by 14.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 273,009 shares of the technology company’s stock after selling 47,177 shares during the quarter. Natixis Advisors LLC’s holdings in Orange were worth $2,727,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new position in Orange in the first quarter worth about $39,000. GAMMA Investing LLC lifted its holdings in shares of Orange by 118.2% in the 1st quarter. GAMMA Investing LLC now owns 3,662 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,984 shares during the last quarter. Mather Group LLC. acquired a new position in Orange during the 2nd quarter valued at approximately $60,000. Tucker Asset Management LLC bought a new position in Orange during the 4th quarter worth $76,000. Finally, EverSource Wealth Advisors LLC increased its position in Orange by 13.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,277 shares of the technology company’s stock worth $95,000 after buying an additional 965 shares during the period.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORAN. New Street Research raised shares of Orange to a “strong-buy” rating in a report on Monday, July 8th. Sanford C. Bernstein started coverage on shares of Orange in a research note on Friday, May 24th. They set an “outperform” rating for the company. Finally, StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Friday, July 26th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Orange presently has a consensus rating of “Buy” and an average price target of $13.08.

Orange Stock Down 0.2 %

Shares of ORAN opened at $11.94 on Monday. Orange S.A. has a one year low of $9.82 and a one year high of $12.41. The stock’s fifty day moving average is $11.12 and its 200-day moving average is $11.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.94 and a quick ratio of 0.91.

Orange Company Profile

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.