Todd Asset Management LLC Sells 41,501 Shares of Orange S.A. (NYSE:ORAN)

Todd Asset Management LLC trimmed its position in shares of Orange S.A. (NYSE:ORAN) by 64.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,996 shares of the technology company’s stock after selling 41,501 shares during the quarter. Todd Asset Management LLC’s holdings in Orange were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. raised its holdings in Orange by 7.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 33,424 shares of the technology company’s stock worth $384,000 after purchasing an additional 2,458 shares during the period. Bank of New York Mellon Corp raised its holdings in Orange by 34.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 59,364 shares of the technology company’s stock worth $682,000 after purchasing an additional 15,158 shares during the period. Lindbrook Capital LLC raised its holdings in Orange by 17.2% in the 3rd quarter. Lindbrook Capital LLC now owns 9,465 shares of the technology company’s stock worth $109,000 after purchasing an additional 1,390 shares during the period. Advisor Partners II LLC raised its holdings in Orange by 3.0% in the 3rd quarter. Advisor Partners II LLC now owns 49,814 shares of the technology company’s stock worth $572,000 after purchasing an additional 1,435 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in Orange by 10.8% in the 3rd quarter. Park Avenue Securities LLC now owns 21,101 shares of the technology company’s stock worth $242,000 after purchasing an additional 2,062 shares during the period.

Orange Trading Up 1.2 %

Shares of ORAN traded up $0.13 during mid-day trading on Friday, reaching $11.22. 248,679 shares of the company’s stock traded hands, compared to its average volume of 457,134. The stock’s 50-day moving average is $11.44 and its two-hundred day moving average is $11.66. Orange S.A. has a 12 month low of $10.97 and a 12 month high of $12.94. The company has a current ratio of 0.83, a quick ratio of 0.79 and a debt-to-equity ratio of 0.88.

Analyst Upgrades and Downgrades

ORAN has been the subject of a number of analyst reports. StockNews.com lowered Orange from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. initiated coverage on Orange in a research note on Wednesday, April 17th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.08.

About Orange

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.