Signaturefd LLC Increases Holdings in Orange S.A. (NYSE:ORAN)

Signaturefd LLC boosted its holdings in shares of Orange S.A. (NYSE:ORAN) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,582 shares of the technology company’s stock after purchasing an additional 2,065 shares during the period. Signaturefd LLC’s holdings in Orange were worth $430,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. New York State Common Retirement Fund purchased a new position in Orange during the 3rd quarter valued at about $40,000. Lindbrook Capital LLC boosted its position in Orange by 17.2% during the 3rd quarter. Lindbrook Capital LLC now owns 9,465 shares of the technology company’s stock valued at $109,000 after acquiring an additional 1,390 shares in the last quarter. Blue Trust Inc. boosted its position in Orange by 31,643.3% during the 4th quarter. Blue Trust Inc. now owns 9,523 shares of the technology company’s stock valued at $109,000 after acquiring an additional 9,493 shares in the last quarter. Cable Hill Partners LLC bought a new stake in Orange during the 3rd quarter valued at approximately $118,000. Finally, Sequoia Financial Advisors LLC bought a new stake in Orange during the 4th quarter valued at approximately $121,000.

Orange Stock Down 2.8 %

Shares of ORAN opened at $11.33 on Thursday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.83 and a quick ratio of 0.79. The business’s 50 day moving average price is $11.52 and its 200-day moving average price is $11.68. Orange S.A. has a 52 week low of $10.97 and a 52 week high of $13.08.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ORAN shares. StockNews.com raised Orange from a “hold” rating to a “buy” rating in a research report on Monday, February 19th. JPMorgan Chase & Co. initiated coverage on Orange in a research report on Wednesday, April 17th. They set an “overweight” rating on the stock. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $13.08.

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.