Mount Yale Investment Advisors LLC Raises Holdings in Orange S.A. (NYSE:ORAN)

Mount Yale Investment Advisors LLC increased its position in Orange S.A. (NYSE:ORAN) by 8.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 36,771 shares of the technology company’s stock after acquiring an additional 2,856 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Orange were worth $433,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Freestone Capital Holdings LLC purchased a new position in Orange in the 1st quarter valued at approximately $283,000. Lake Street Advisors Group LLC purchased a new position in shares of Orange in the first quarter valued at $129,000. Thornburg Investment Management Inc. raised its stake in shares of Orange by 20.6% during the 1st quarter. Thornburg Investment Management Inc. now owns 909,419 shares of the technology company’s stock valued at $10,661,000 after purchasing an additional 155,549 shares during the period. Bleakley Financial Group LLC lifted its holdings in Orange by 14.1% during the 1st quarter. Bleakley Financial Group LLC now owns 266,098 shares of the technology company’s stock worth $3,132,000 after purchasing an additional 32,940 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Orange by 37.9% in the 1st quarter. Russell Investments Group Ltd. now owns 10,497 shares of the technology company’s stock worth $124,000 after purchasing an additional 2,885 shares during the period.

Orange Price Performance

Orange stock traded down $0.04 during mid-day trading on Monday, hitting $11.13. 464,627 shares of the company traded hands, compared to its average volume of 458,043. The company has a current ratio of 0.83, a quick ratio of 0.79 and a debt-to-equity ratio of 0.88. Orange S.A. has a one year low of $9.82 and a one year high of $12.41. The stock has a fifty day moving average price of $10.80 and a 200-day moving average price of $11.30.

Orange Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. started coverage on Orange in a research report on Wednesday, April 17th. They set an “overweight” rating on the stock. StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Friday. New Street Research upgraded shares of Orange to a “strong-buy” rating in a research report on Monday, July 8th. Finally, Sanford C. Bernstein began coverage on Orange in a research report on Friday, May 24th. They issued an “outperform” rating on the stock. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Orange 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.