Crossmark Global Holdings Inc. cut its stake in Orange SA (NYSE:ORAN) by 0.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,978 shares of the technology company’s stock after selling 1,233 shares during the period. Crossmark Global Holdings Inc.’s holdings in Orange were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Orange by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 346,203 shares of the technology company’s stock worth $5,501,000 after acquiring an additional 11,624 shares during the last quarter. Morningstar Investment Services LLC bought a new stake in shares of Orange during the third quarter worth approximately $276,000. Quadrant Capital Group LLC raised its stake in shares of Orange by 80.4% during the fourth quarter. Quadrant Capital Group LLC now owns 4,751 shares of the technology company’s stock worth $66,000 after buying an additional 2,118 shares during the last quarter. First Hawaiian Bank bought a new stake in shares of Orange during the third quarter worth approximately $111,000. Finally, Rhumbline Advisers bought a new stake in shares of Orange during the third quarter worth approximately $190,000. 1.38% of the stock is owned by institutional investors.
ORAN opened at $15.46 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 0.88. The company has a market cap of $40.81 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 0.79 and a beta of 0.42. Orange SA has a fifty-two week low of $15.02 and a fifty-two week high of $18.30.
Separately, Zacks Investment Research downgraded shares of Orange from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd.
COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Equities Focus and is owned by of Equities Focus. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://www.equitiesfocus.com/2019/02/06/orange-sa-oran-shares-sold-by-crossmark-global-holdings-inc.html.
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. It offers mobile, fixed-line telephony, fixed broadband, business solutions and networks, and carrier services; sells mobile devices, equipment, and accessories; and sells and rents fixed-line equipment.
Featured Story: What is an SEC Filing?
Receive News & Ratings for Orange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange and related companies with MarketBeat.com's FREE daily email newsletter.