14,359 Shares in Orange S.A. (NYSE:ORAN) Purchased by Callan Capital LLC

Callan Capital LLC purchased a new position in Orange S.A. (NYSE:ORAN) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 14,359 shares of the technology company’s stock, valued at approximately $169,000.

Several other institutional investors also recently modified their holdings of ORAN. Brandes Investment Partners LP grew its position in Orange by 60.7% during the 4th quarter. Brandes Investment Partners LP now owns 1,642,782 shares of the technology company’s stock valued at $18,777,000 after purchasing an additional 620,438 shares during the last quarter. American Century Companies Inc. grew its position in Orange by 7.7% during the 3rd quarter. American Century Companies Inc. now owns 827,488 shares of the technology company’s stock valued at $9,508,000 after purchasing an additional 59,052 shares during the last quarter. QRG Capital Management Inc. grew its position in Orange by 10.1% during the 4th quarter. QRG Capital Management Inc. now owns 329,342 shares of the technology company’s stock valued at $3,764,000 after purchasing an additional 30,225 shares during the last quarter. Natixis Advisors L.P. grew its position in Orange by 4.2% during the 4th quarter. Natixis Advisors L.P. now owns 312,702 shares of the technology company’s stock valued at $3,574,000 after purchasing an additional 12,696 shares during the last quarter. Finally, Simplicity Wealth LLC purchased a new stake in Orange during the 1st quarter valued at about $3,132,000.

Orange Stock Performance

Shares of NYSE ORAN traded up $0.21 during trading on Wednesday, reaching $10.81. 433,679 shares of the company traded hands, compared to its average volume of 461,559. The firm has a 50 day simple moving average of $10.90 and a 200-day simple moving average of $11.36. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.79 and a current ratio of 0.83. Orange S.A. has a 52-week low of $9.82 and a 52-week high of $12.41.

Orange Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, June 21st. Stockholders of record on Monday, June 3rd were paid a $0.4523 dividend. This represents a dividend yield of 5.1%. The ex-dividend date was Monday, June 3rd. This is a boost from Orange’s previous semi-annual dividend of $0.32.

Analyst Upgrades and Downgrades

ORAN has been the topic of several recent analyst reports. Sanford C. Bernstein initiated coverage on shares of Orange in a research report on Friday, May 24th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. started coverage on shares of Orange in a report on Wednesday, April 17th. They set an “overweight” rating on the stock. New Street Research raised shares of Orange to a “strong-buy” rating in a report on Monday. Finally, StockNews.com downgraded shares of Orange from a “buy” rating to a “hold” rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $13.08.

Orange 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.