Aaron Wealth Advisors LLC Purchases Shares of 16,976 Orange S.A. (NYSE:ORAN)

Aaron Wealth Advisors LLC purchased a new position in Orange S.A. (NYSE:ORAN) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 16,976 shares of the technology company’s stock, valued at approximately $195,000.

Other hedge funds have also recently made changes to their positions in the company. Thornburg Investment Management Inc. boosted its position in Orange by 20.6% during the first quarter. Thornburg Investment Management Inc. now owns 909,419 shares of the technology company’s stock worth $10,661,000 after purchasing an additional 155,549 shares during the period. Hantz Financial Services Inc. purchased a new position in shares of Orange in the second quarter valued at $1,411,000. American Century Companies Inc. raised its stake in shares of Orange by 6.2% during the 2nd quarter. American Century Companies Inc. now owns 1,042,285 shares of the technology company’s stock valued at $10,412,000 after purchasing an additional 60,606 shares during the period. Brandes Investment Partners LP increased its position in shares of Orange by 2.8% during the second quarter. Brandes Investment Partners LP now owns 1,757,008 shares of the technology company’s stock valued at $17,522,000 after buying an additional 48,093 shares during the period. Finally, Simplicity Wealth LLC lifted its holdings in shares of Orange by 16.6% in the second quarter. Simplicity Wealth LLC now owns 310,388 shares of the technology company’s stock worth $3,101,000 after buying an additional 44,290 shares in the last quarter.

Orange Stock Performance

Orange stock opened at $11.15 on Monday. Orange S.A. has a fifty-two week low of $9.82 and a fifty-two week high of $12.41. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94. The stock has a market cap of $29.63 billion, a P/E ratio of 8.71, a price-to-earnings-growth ratio of 0.73 and a beta of 0.22. The firm’s fifty day moving average price is $11.51 and its 200-day moving average price is $11.20.

Analysts Set New Price Targets

Several research analysts have commented on the stock. New Street Research raised shares of Orange to a “strong-buy” rating in a report on Monday, July 8th. StockNews.com upgraded Orange from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 3rd.

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.