Kathmere Capital Management LLC Lowers Stock Holdings in Orange S.A. (NYSE:ORAN)

Kathmere Capital Management LLC lessened its holdings in shares of Orange S.A. (NYSE:ORAN) by 54.7% during the second quarter, HoldingsChannel reports. The firm owned 12,245 shares of the technology company’s stock after selling 14,809 shares during the quarter. Kathmere Capital Management LLC’s holdings in Orange were worth $122,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Orange by 3.3% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 28,171 shares of the technology company’s stock worth $332,000 after purchasing an additional 896 shares during the period. 180 Wealth Advisors LLC boosted its stake in shares of Orange by 8.9% in the second quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock valued at $178,000 after purchasing an additional 1,350 shares during the period. Ballentine Partners LLC grew its holdings in Orange by 14.9% during the 2nd quarter. Ballentine Partners LLC now owns 12,495 shares of the technology company’s stock valued at $125,000 after purchasing an additional 1,624 shares in the last quarter. Gallacher Capital Management LLC increased its stake in Orange by 5.2% during the 1st quarter. Gallacher Capital Management LLC now owns 37,168 shares of the technology company’s stock worth $437,000 after buying an additional 1,837 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in 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 buying an additional 1,984 shares in the last quarter.

Orange Price Performance

Shares of NYSE ORAN opened at $11.65 on Monday. The company has a current ratio of 0.94, a quick ratio of 0.91 and a debt-to-equity ratio of 0.87. Orange S.A. has a twelve month low of $9.82 and a twelve month high of $12.41. The business has a 50 day simple moving average of $11.52 and a 200-day simple moving average of $11.25. The company has a market capitalization of $30.96 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 0.82 and a beta of 0.22.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ORAN. New Street Research upgraded Orange to a “strong-buy” rating in a research note on Monday, July 8th. StockNews.com raised shares of Orange from a “hold” rating to a “buy” rating in a research report on Friday, July 26th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $13.08.

About Orange

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.