Signaturefd LLC Raises Stock Position in Orange S.A. (NYSE:ORAN)

Signaturefd LLC lifted its stake in shares of Orange S.A. (NYSE:ORAN) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 37,582 shares of the technology company’s stock after buying an additional 2,065 shares during the quarter. Signaturefd LLC’s holdings in Orange were worth $430,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Simplicity Solutions LLC increased its holdings in Orange by 17.6% during the third quarter. Simplicity Solutions LLC now owns 212,343 shares of the technology company’s stock valued at $2,440,000 after buying an additional 31,813 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in Orange by 7.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 33,424 shares of the technology company’s stock valued at $384,000 after buying an additional 2,458 shares during the period. Bank of New York Mellon Corp increased its holdings in Orange by 34.3% during the third quarter. Bank of New York Mellon Corp now owns 59,364 shares of the technology company’s stock valued at $682,000 after buying an additional 15,158 shares during the period. Lindbrook Capital LLC increased its holdings in Orange by 17.2% during the third quarter. Lindbrook Capital LLC now owns 9,465 shares of the technology company’s stock valued at $109,000 after buying an additional 1,390 shares during the period. Finally, Advisor Partners II LLC boosted its stake in Orange by 3.0% in the third quarter. Advisor Partners II LLC now owns 49,814 shares of the technology company’s stock valued at $572,000 after acquiring an additional 1,435 shares in the last quarter.

Orange Stock Down 2.8 %

NYSE:ORAN opened at $11.33 on Thursday. Orange S.A. has a 12 month low of $10.97 and a 12 month high of $13.08. The firm has a fifty day simple moving average of $11.52 and a 200-day simple moving average of $11.68. The company has a current ratio of 0.83, a quick ratio of 0.79 and a debt-to-equity ratio of 0.88.

Wall Street Analyst Weigh In

ORAN has been the subject of several recent analyst reports. StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Monday, February 19th. JPMorgan Chase & Co. initiated coverage on shares of Orange in a research note on Wednesday, April 17th. They issued an “overweight” rating for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $13.08.

Orange 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.