Lincluden Management Ltd. lifted its position in Orange SA (NYSE:ORAN) by 30.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 216,151 shares of the technology company’s stock after purchasing an additional 50,415 shares during the quarter. Lincluden Management Ltd.’s holdings in Orange were worth $3,761,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in ORAN. Baird Financial Group Inc. raised its stake in Orange by 3,549.3% during the fourth quarter. Baird Financial Group Inc. now owns 1,518,495 shares of the technology company’s stock worth $26,422,000 after acquiring an additional 1,476,884 shares in the last quarter. Cambiar Investors LLC raised its stake in Orange by 2.5% during the fourth quarter. Cambiar Investors LLC now owns 8,098,822 shares of the technology company’s stock worth $140,920,000 after acquiring an additional 201,277 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Orange by 13.9% during the third quarter. Parametric Portfolio Associates LLC now owns 1,075,347 shares of the technology company’s stock worth $17,657,000 after acquiring an additional 131,349 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Orange by 31.2% during the third quarter. JPMorgan Chase & Co. now owns 293,075 shares of the technology company’s stock worth $4,794,000 after acquiring an additional 69,627 shares in the last quarter. Finally, Millennium Management LLC acquired a new position in Orange during the fourth quarter worth $1,004,000. Hedge funds and other institutional investors own 1.25% of the company’s stock.
Shares of Orange SA (NYSE ORAN) opened at $17.13 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.68 and a debt-to-equity ratio of 0.83. Orange SA has a 1-year low of $14.94 and a 1-year high of $18.57.
ILLEGAL ACTIVITY WARNING: “Lincluden Management Ltd. Purchases 50,415 Shares of Orange SA (ORAN)” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.com-unik.info/2018/03/20/lincluden-management-ltd-purchases-50415-shares-of-orange-sa-oran.html.
Orange Company Profile
Orange SA is a telecommunications operator. The Company also provides telecommunication services to multinational companies, under the brand Orange Business Services. The Company’s segments include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services.
Want to see what other hedge funds are holding ORAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Orange SA (NYSE:ORAN).
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.