Wells Fargo & Company MN boosted its stake in Orange SA (NASDAQ:ORAN) by 24.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,003,002 shares of the technology company’s stock after buying an additional 197,050 shares during the period. Wells Fargo & Company MN’s holdings in Orange SA were worth $15,587,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. BB&T Corp increased its stake in shares of Orange SA by 6.4% in the first quarter. BB&T Corp now owns 143,975 shares of the technology company’s stock valued at $2,237,000 after buying an additional 8,660 shares during the last quarter. Wetherby Asset Management Inc. increased its stake in shares of Orange SA by 3.1% in the first quarter. Wetherby Asset Management Inc. now owns 17,053 shares of the technology company’s stock valued at $265,000 after buying an additional 511 shares during the last quarter. Telemus Capital LLC purchased a new stake in shares of Orange SA during the first quarter valued at about $311,000. Capstone Asset Management Co. increased its stake in shares of Orange SA by 1.5% in the first quarter. Capstone Asset Management Co. now owns 204,591 shares of the technology company’s stock valued at $3,179,000 after buying an additional 2,950 shares during the last quarter. Finally, Creative Planning increased its stake in shares of Orange SA by 9.5% in the first quarter. Creative Planning now owns 6,505 shares of the technology company’s stock valued at $101,000 after buying an additional 564 shares during the last quarter.

Institutional Ownership by Quarter for Orange SA (NASDAQ:ORAN)

Orange SA (ORAN) traded up 1.29% during mid-day trading on Friday, hitting $16.52. 348,207 shares of the stock traded hands. The stock has a market cap of $43.94 billion and a P/E ratio of 14.32. The stock has a 50-day moving average price of $16.75 and a 200-day moving average price of $15.66. Orange SA has a 12 month low of $13.98 and a 12 month high of $17.63.

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Several brokerages have issued reports on ORAN. Bank of America Corporation downgraded shares of Orange SA from a “buy” rating to a “neutral” rating in a research note on Tuesday. Zacks Investment Research raised shares of Orange SA from a “sell” rating to a “hold” rating in a research note on Friday, April 7th. BNP Paribas downgraded shares of Orange SA from an “outperform” rating to a “neutral” rating in a research note on Thursday, March 2nd. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Orange SA in a research note on Wednesday, February 22nd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Orange SA presently has an average rating of “Buy” and a consensus target price of $16.00.

Orange SA Company Profile

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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