Hantz Financial Services Inc. Takes $1.41 Million Position in Orange S.A. (NYSE:ORAN)

Hantz Financial Services Inc. bought a new position in shares of Orange S.A. (NYSE:ORAN - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 141,259 shares of the technology company's stock, valued at approximately $1,411,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Orange during the first quarter worth about $39,000. CWM LLC grew its position in Orange by 53.1% in the fourth quarter. CWM LLC now owns 3,586 shares of the technology company's stock worth $41,000 after acquiring an additional 1,244 shares in the last quarter. GAMMA Investing LLC increased its stake in Orange by 118.2% in the first quarter. GAMMA Investing LLC now owns 3,662 shares of the technology company's stock valued at $43,000 after acquiring an additional 1,984 shares during the last quarter. Mather Group LLC. purchased a new stake in Orange during the second quarter valued at about $60,000. Finally, Tucker Asset Management LLC bought a new stake in Orange during the fourth quarter worth about $76,000.

Orange Stock Performance

Shares of NYSE:ORAN traded down $0.12 during trading on Friday, reaching $11.45. 375,259 shares of the company traded hands, compared to its average volume of 338,638. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94. Orange S.A. has a 52-week low of $9.82 and a 52-week high of $12.41. The business's fifty day moving average is $10.95 and its 200-day moving average is $11.20.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Sanford C. Bernstein initiated coverage on Orange in a report on Friday, May 24th. They set an "outperform" rating on the stock. StockNews.com upgraded shares of Orange from a "hold" rating to a "buy" rating in a report on Friday, July 26th. Finally, New Street Research raised shares of Orange to a "strong-buy" rating in a research note on Monday, July 8th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target 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.