Raymond James & Associates Sells 3,375 Shares of Orange S.A. (NYSE:ORAN)

Raymond James & Associates trimmed its position in Orange S.A. (NYSE:ORAN) by 2.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 119,349 shares of the technology company’s stock after selling 3,375 shares during the period. Raymond James & Associates’ holdings in Orange were worth $1,364,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of ORAN. New York State Common Retirement Fund bought a new position in shares of Orange in the 3rd quarter valued at $40,000. CENTRAL TRUST Co lifted its stake in shares of Orange by 162.2% in the 3rd quarter. CENTRAL TRUST Co now owns 4,720 shares of the technology company’s stock valued at $42,000 after acquiring an additional 2,920 shares during the last quarter. Money Concepts Capital Corp lifted its stake in shares of Orange by 2,553.0% in the 4th quarter. Money Concepts Capital Corp now owns 5,306 shares of the technology company’s stock valued at $52,000 after acquiring an additional 5,106 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Orange by 65.0% in the 2nd quarter. Captrust Financial Advisors now owns 8,724 shares of the technology company’s stock valued at $103,000 after acquiring an additional 3,437 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new stake in Orange in the fourth quarter valued at $106,000.

Orange Price Performance

NYSE ORAN opened at $11.52 on Friday. Orange S.A. has a twelve month low of $10.97 and a twelve month high of $13.08. The stock has a fifty day simple moving average of $11.51 and a 200 day simple moving average of $11.68. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.79 and a current ratio of 0.83.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. StockNews.com upgraded Orange from a “hold” rating to a “buy” rating in a report on Monday, February 19th. JPMorgan Chase & Co. assumed coverage on Orange in a report on Wednesday. They issued an “overweight” rating for the company. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently 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.