Dimensional Fund Advisors LP Decreases Stock Position in Orange S.A. (NYSE:ORAN)

Dimensional Fund Advisors LP reduced its position in Orange S.A. (NYSE:ORAN) by 1.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 211,216 shares of the technology company’s stock after selling 4,019 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Orange were worth $2,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Oppenheimer Asset Management Inc. boosted its holdings in shares of Orange by 12.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 67,702 shares of the technology company’s stock worth $676,000 after acquiring an additional 7,551 shares during the period. SYM FINANCIAL Corp bought a new position in shares of Orange in the second quarter worth $122,000. American Century Companies Inc. boosted its holdings in shares of Orange by 6.2% in the second quarter. American Century Companies Inc. now owns 1,042,285 shares of the technology company’s stock worth $10,412,000 after acquiring an additional 60,606 shares during the period. Wedbush Securities Inc. boosted its holdings in shares of Orange by 17.1% in the second quarter. Wedbush Securities Inc. now owns 41,745 shares of the technology company’s stock worth $417,000 after acquiring an additional 6,092 shares during the period. Finally, Ballentine Partners LLC boosted its holdings in shares of Orange by 14.9% in the second quarter. Ballentine Partners LLC now owns 12,495 shares of the technology company’s stock worth $125,000 after acquiring an additional 1,624 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ORAN shares. New Street Research raised Orange to a “strong-buy” rating in a report on Monday, July 8th. StockNews.com raised Orange from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 3rd. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Orange currently has an average rating of “Buy” and a consensus price target of $12.50.

Orange Trading Down 0.6 %

NYSE:ORAN opened at $11.00 on Friday. Orange S.A. has a 52-week low of $9.82 and a 52-week high of $12.41. The stock has a fifty day moving average of $11.52 and a 200 day moving average of $11.22. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.94 and a quick ratio of 0.91.

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.