Natixis Advisors LLC Sells 47,177 Shares of Orange S.A. (NYSE:ORAN)

Natixis Advisors LLC lowered its stake in Orange S.A. (NYSE:ORAN - Free Report) by 14.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 273,009 shares of the technology company's stock after selling 47,177 shares during the quarter. Natixis Advisors LLC's holdings in Orange were worth $2,727,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Brandes Investment Partners LP grew its stake in Orange by 60.7% in the fourth quarter. Brandes Investment Partners LP now owns 1,642,782 shares of the technology company's stock valued at $18,777,000 after acquiring an additional 620,438 shares during the period. Thornburg Investment Management Inc. increased its stake in 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 in the last quarter. QRG Capital Management Inc. raised its holdings in Orange by 10.1% during the fourth quarter. QRG Capital Management Inc. now owns 329,342 shares of the technology company's stock worth $3,764,000 after buying an additional 30,225 shares during the last quarter. Natixis Advisors L.P. lifted its stake in shares of Orange by 4.2% in the fourth quarter. Natixis Advisors L.P. now owns 312,702 shares of the technology company's stock valued at $3,574,000 after buying an additional 12,696 shares in the last quarter. Finally, Simplicity Wealth LLC grew its holdings in shares of Orange by 16.6% during the second quarter. Simplicity Wealth LLC now owns 310,388 shares of the technology company's stock valued at $3,101,000 after buying an additional 44,290 shares during the last quarter.

Orange Stock Down 0.2 %

NYSE:ORAN traded down $0.03 on Monday, hitting $11.92. The stock had a trading volume of 283,989 shares, compared to its average volume of 439,348. Orange S.A. has a 1 year low of $9.82 and a 1 year high of $12.41. The firm's fifty day simple moving average is $11.12 and its two-hundred day simple moving average is $11.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94. The stock has a market cap of $31.67 billion, a P/E ratio of 9.39, a price-to-earnings-growth ratio of 0.81 and a beta of 0.22.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ORAN shares. StockNews.com raised shares of Orange from a "hold" rating to a "buy" rating in a research report on Friday, July 26th. Sanford C. Bernstein assumed coverage on Orange in a report on Friday, May 24th. They issued an "outperform" rating on the stock. Finally, New Street Research upgraded Orange to a "strong-buy" rating in a report on Monday, July 8th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Orange has a consensus rating of "Buy" and an average 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.