Orange S.A. (NYSE:ORAN) Shares Sold by Marietta Investment Partners LLC

Marietta Investment Partners LLC reduced its holdings in shares of Orange S.A. (NYSE:ORAN) by 46.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,000 shares of the technology company’s stock after selling 11,130 shares during the quarter. Marietta Investment Partners LLC’s holdings in Orange were worth $130,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in ORAN. BNP Paribas Financial Markets boosted its position in shares of Orange by 75.7% during the 4th quarter. BNP Paribas Financial Markets now owns 133,502 shares of the technology company’s stock worth $1,526,000 after acquiring an additional 57,505 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of Orange by 7.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 20,989 shares of the technology company’s stock worth $240,000 after acquiring an additional 1,380 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Orange by 11.2% during the 4th quarter. D.A. Davidson & CO. now owns 104,288 shares of the technology company’s stock worth $1,192,000 after acquiring an additional 10,512 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Orange by 13.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,277 shares of the technology company’s stock worth $95,000 after acquiring an additional 965 shares in the last quarter. Finally, US Bancorp DE boosted its position in shares of Orange by 9.4% during the 4th quarter. US Bancorp DE now owns 52,562 shares of the technology company’s stock worth $601,000 after acquiring an additional 4,502 shares in the last quarter.

Orange Stock Up 0.6 %

ORAN opened at $12.11 on Monday. The business has a 50 day moving average price of $11.43 and a two-hundred day moving average price of $11.23. The company has a quick ratio of 0.91, a current ratio of 0.94 and a debt-to-equity ratio of 0.87. The company has a market cap of $32.18 billion, a PE ratio of 9.54, a P/E/G ratio of 0.81 and a beta of 0.22. Orange S.A. has a 52 week low of $9.82 and a 52 week high of $12.41.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ORAN. New Street Research raised Orange to a “strong-buy” rating in a research report on Monday, July 8th. StockNews.com raised Orange from a “hold” rating to a “buy” rating in a report 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target 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.