LPL Financial LLC increased its holdings in shares of Orange S.A. (NYSE:ORAN – Get Rating) by 102.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 251,867 shares of the technology company’s stock after acquiring an additional 127,663 shares during the period. LPL Financial LLC’s holdings in Orange were worth $2,488,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in Orange by 87.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,427,710 shares of the technology company’s stock worth $28,696,000 after purchasing an additional 1,131,285 shares in the last quarter. Jane Street Group LLC lifted its stake in Orange by 33.8% in the 3rd quarter. Jane Street Group LLC now owns 1,262,390 shares of the technology company’s stock worth $11,349,000 after purchasing an additional 318,756 shares in the last quarter. BlackRock Inc. raised its position in shares of Orange by 7.3% during the 3rd quarter. BlackRock Inc. now owns 1,177,328 shares of the technology company’s stock valued at $10,584,000 after buying an additional 79,720 shares during the period. FMR LLC raised its position in shares of Orange by 6.2% during the 2nd quarter. FMR LLC now owns 1,012,320 shares of the technology company’s stock valued at $11,915,000 after buying an additional 58,838 shares during the period. Finally, Pacer Advisors Inc. raised its position in shares of Orange by 18.0% during the 4th quarter. Pacer Advisors Inc. now owns 967,919 shares of the technology company’s stock valued at $9,563,000 after buying an additional 147,780 shares during the period. 1.09% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
ORAN has been the topic of several analyst reports. Morgan Stanley raised shares of Orange from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 27th. StockNews.com assumed coverage on Orange in a research report on Thursday. They issued a “hold” rating on the stock. Finally, Barclays raised Orange from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, April 18th.
Orange Price Performance
Shares of NYSE:ORAN opened at $12.18 on Monday. The company has a 50-day simple moving average of $12.32 and a 200-day simple moving average of $11.08. Orange S.A. has a one year low of $8.81 and a one year high of $13.08. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 0.92.
Orange Dividend Announcement
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, June 22nd. Shareholders of record on Friday, June 2nd will be given a dividend of $0.343 per share. The ex-dividend date is Thursday, June 1st.
Orange Profile
Orange SA engages as a telecommunication services company, which operates mobile and internet services. It provides telecommunication services to multinational companies, under the brand Orange Business Services. The company was founded in January 1, 1991 and is headquartered in Paris, France.