Orange (NYSE:ORAN) has been assigned an average rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company.
ORAN has been the topic of a number of recent analyst reports. BidaskClub lowered Orange from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Zacks Investment Research raised Orange from a “sell” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Wednesday, October 4th. Bank of America raised Orange from a “neutral” rating to a “buy” rating in a research note on Monday, October 30th. Gabelli reissued a “buy” rating on shares of Orange in a research note on Friday, December 1st. Finally, Berenberg Bank raised Orange from a “sell” rating to a “hold” rating in a research note on Friday, December 8th.
Shares of Orange (ORAN) traded down $0.10 during trading on Tuesday, hitting $17.65. The company’s stock had a trading volume of 355,613 shares, compared to its average volume of 276,183. Orange has a one year low of $14.94 and a one year high of $17.87. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.71 and a current ratio of 0.74.
The firm also recently declared a semiannual dividend, which was paid on Thursday, December 28th. Shareholders of record on Monday, December 4th were paid a dividend of $0.294 per share. This represents a dividend yield of 3.57%. The ex-dividend date was Friday, December 1st.
Institutional investors have recently modified their holdings of the business. Pacer Advisors Inc. raised its position in shares of Orange by 11.4% in the 3rd quarter. Pacer Advisors Inc. now owns 108,259 shares of the technology company’s stock worth $1,778,000 after buying an additional 11,096 shares during the period. AMG National Trust Bank raised its position in shares of Orange by 5.6% in the 3rd quarter. AMG National Trust Bank now owns 155,198 shares of the technology company’s stock worth $2,548,000 after buying an additional 8,297 shares during the period. JPMorgan Chase & Co. raised its position in shares of Orange by 31.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 293,075 shares of the technology company’s stock worth $4,794,000 after buying an additional 69,627 shares during the period. Cambiar Investors LLC raised its position in shares of Orange by 4.5% in the 3rd quarter. Cambiar Investors LLC now owns 7,897,545 shares of the technology company’s stock worth $129,678,000 after buying an additional 340,141 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Orange by 12.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 134,307 shares of the technology company’s stock worth $2,158,000 after buying an additional 15,001 shares during the period. 1.18% of the stock is currently owned by institutional investors.
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Orange SA is a telecommunications operator. The Company also provides telecommunication services to multinational companies, under the brand Orange Business Services. The Company’s segments include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services.
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