Orange S.A. (NYSE:ORAN) Shares Sold by RNC Capital Management LLC

RNC Capital Management LLC lowered its stake in shares of Orange S.A. (NYSE:ORAN – Get Rating) by 24.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,105 shares of the technology company’s stock after selling 7,025 shares during the quarter. RNC Capital Management LLC’s holdings in Orange were worth $218,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ORAN. Goldman Sachs Group Inc. raised its stake in Orange by 87.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,427,710 shares of the technology company’s stock worth $28,696,000 after acquiring an additional 1,131,285 shares during the last quarter. Jane Street Group LLC boosted its position in Orange by 8,528.7% in the second quarter. Jane Street Group LLC now owns 943,634 shares of the technology company’s stock valued at $11,107,000 after buying an additional 932,698 shares during the last quarter. Barclays PLC increased its holdings in Orange by 340.7% in the 3rd quarter. Barclays PLC now owns 885,845 shares of the technology company’s stock worth $7,964,000 after buying an additional 684,819 shares during the period. Optiver Holding B.V. raised its position in Orange by 141.4% during the 3rd quarter. Optiver Holding B.V. now owns 585,248 shares of the technology company’s stock worth $5,261,000 after buying an additional 342,817 shares during the last quarter. Finally, OLD Mission Capital LLC lifted its stake in Orange by 231.4% during the 3rd quarter. OLD Mission Capital LLC now owns 359,237 shares of the technology company’s stock valued at $3,230,000 after acquiring an additional 250,837 shares during the period. 1.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Orange in a report on Thursday. They set a “buy” rating for the company.

Orange Stock Down 0.8 %

Shares of NYSE:ORAN opened at $11.32 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.92 and a quick ratio of 0.88. Orange S.A. has a 12-month low of $8.81 and a 12-month high of $12.71. The business has a 50 day moving average of $10.94 and a two-hundred day moving average of $10.16.

Orange Company Profile

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Orange SA engages as a telecommunication services company, which operates mobile and internet services. It provides telecommunication services to multinational companies, under the brand Orange Business Services. The company was founded in January 1, 1991 and is headquartered in Paris, France.