Deutsche Bank AG decreased its stake in Orange S.A. (NYSE:ORAN) by 72.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,800 shares of the technology company’s stock after selling 36,942 shares during the quarter. Deutsche Bank AG’s holdings in Orange were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC lifted its stake in Orange by 99.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,098 shares of the technology company’s stock valued at $175,000 after buying an additional 5,036 shares during the period. MML Investors Services LLC acquired a new stake in shares of Orange during the fourth quarter worth about $203,000. Investors Research Corp acquired a new stake in shares of Orange during the fourth quarter worth about $212,000. Lourd Capital LLC acquired a new stake in shares of Orange during the fourth quarter worth about $233,000. Finally, Mackenzie Financial Corp acquired a new stake in shares of Orange during the fourth quarter worth about $256,000. 1.40% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have recently commented on the company. Zacks Investment Research lowered Orange from a “hold” rating to a “sell” rating in a research report on Wednesday, April 25th. ValuEngine lowered Orange from a “buy” rating to a “hold” rating in a research report on Monday, May 7th. Finally, BNP Paribas raised Orange from an “underperform” rating to a “neutral” rating in a research report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Orange has an average rating of “Hold” and a consensus price target of $19.00.
Orange opened at $16.90 on Tuesday, according to Marketbeat Ratings. The stock has a market cap of $45.19 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 0.49 and a beta of 0.66. The company has a current ratio of 0.71, a quick ratio of 0.68 and a debt-to-equity ratio of 0.83. Orange S.A. has a one year low of $15.82 and a one year high of $18.57.
The firm also recently declared a special dividend, which will be paid on Friday, June 22nd. Stockholders of record on Monday, June 4th will be given a dividend of $0.4742 per share. The ex-dividend date of this dividend is Friday, June 1st. This represents a dividend yield of 3.26%. This is a positive change from Orange’s previous special dividend of $0.45. Orange’s dividend payout ratio (DPR) is currently 74.29%.
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment.
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