Oracle Co. (NYSE:ORCL) Shares Purchased by Toth Financial Advisory Corp

Toth Financial Advisory Corp raised its holdings in shares of Oracle Co. (NYSE:ORCL) by 1.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,424 shares of the enterprise software provider’s stock after buying an additional 1,109 shares during the period. Oracle comprises 1.5% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 13th largest position. Toth Financial Advisory Corp’s holdings in Oracle were worth $11,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new position in shares of Oracle during the third quarter worth $25,000. Westend Capital Management LLC acquired a new position in shares of Oracle during the first quarter worth $25,000. Spartan Planning & Wealth Management acquired a new position in shares of Oracle during the third quarter worth $27,000. Tidemark LLC acquired a new position in shares of Oracle during the fourth quarter worth $29,000. Finally, Nordwand Advisors LLC acquired a new position in shares of Oracle during the fourth quarter worth $30,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director George H. Conrades sold 20,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $116.00, for a total value of $2,320,000.00. Following the transaction, the director now owns 17,836 shares in the company, valued at $2,068,976. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Director George H. Conrades sold 20,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $116.00, for a total value of $2,320,000.00. Following the transaction, the director now owns 17,836 shares in the company, valued at $2,068,976. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Edward Screven sold 235,918 shares of the stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $144.30, for a total value of $34,042,967.40. Following the completion of the transaction, the insider now owns 2,626,764 shares in the company, valued at approximately $379,042,045.20. The disclosure for this sale can be found here. Insiders have sold 385,639 shares of company stock worth $53,002,729 in the last 90 days. Company insiders own 42.80% of the company’s stock.

Oracle Trading Up 0.7 %

ORCL stock traded up $1.02 during mid-day trading on Friday, reaching $141.20. 25,814,821 shares of the stock traded hands, compared to its average volume of 11,264,646. The company has a current ratio of 0.71, a quick ratio of 0.72 and a debt-to-equity ratio of 8.25. Oracle Co. has a 52-week low of $99.26 and a 52-week high of $145.32. The company has a market cap of $389.13 billion, a P/E ratio of 38.06, a P/E/G ratio of 2.54 and a beta of 1.01. The stock’s fifty day moving average is $125.24 and its 200-day moving average is $117.96.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, June 11th. The enterprise software provider reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.02). Oracle had a net margin of 19.76% and a return on equity of 223.01%. The firm had revenue of $14.29 billion for the quarter, compared to analysts’ expectations of $14.57 billion. During the same period in the prior year, the company posted $1.35 earnings per share. Oracle’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, sell-side analysts expect that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Stockholders of record on Thursday, July 11th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. Oracle’s dividend payout ratio is 43.13%.

Analyst Ratings Changes

Several analysts recently issued reports on ORCL shares. Stifel Nicolaus upped their price target on shares of Oracle from $120.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, June 12th. Guggenheim reaffirmed a “buy” rating and issued a $175.00 price target on shares of Oracle in a report on Tuesday. Sanford C. Bernstein upped their price target on shares of Oracle from $159.00 to $171.00 and gave the company an “outperform” rating in a report on Wednesday, June 12th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Oracle from $150.00 to $165.00 and gave the company a “buy” rating in a report on Monday, June 17th. Finally, TD Cowen upped their price target on shares of Oracle from $145.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, June 12th. Fourteen analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $145.83.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.