Creative Financial Designs Inc. ADV Buys 73 Shares of Oracle Co. (NYSE:ORCL)

Creative Financial Designs Inc. ADV boosted its stake in shares of Oracle Co. (NYSE:ORCL) by 1.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,564 shares of the enterprise software provider’s stock after purchasing an additional 73 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Oracle were worth $948,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ORCL. Eagle Rock Investment Company LLC grew its holdings in Oracle by 0.4% in the 3rd quarter. Eagle Rock Investment Company LLC now owns 17,626 shares of the enterprise software provider’s stock valued at $3,003,000 after buying an additional 64 shares during the last quarter. Versant Capital Management Inc lifted its position in Oracle by 1.7% in the third quarter. Versant Capital Management Inc now owns 3,957 shares of the enterprise software provider’s stock worth $674,000 after purchasing an additional 65 shares during the period. Oak Ridge Investments LLC increased its holdings in Oracle by 3.9% in the 3rd quarter. Oak Ridge Investments LLC now owns 1,730 shares of the enterprise software provider’s stock valued at $295,000 after buying an additional 65 shares during the period. Trust Point Inc. raised its stake in shares of Oracle by 0.5% in the 3rd quarter. Trust Point Inc. now owns 13,606 shares of the enterprise software provider’s stock valued at $2,318,000 after buying an additional 66 shares in the last quarter. Finally, First International Bank & Trust boosted its position in shares of Oracle by 1.8% during the 3rd quarter. First International Bank & Trust now owns 3,734 shares of the enterprise software provider’s stock valued at $636,000 after acquiring an additional 67 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In related news, EVP Maria Smith sold 6,320 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $165.00, for a total value of $1,042,800.00. Following the completion of the transaction, the executive vice president now directly owns 42,889 shares of the company’s stock, valued at approximately $7,076,685. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Performance

Shares of Oracle stock opened at $170.02 on Friday. The stock’s fifty day simple moving average is $163.43 and its 200 day simple moving average is $141.93. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 6.68. The company has a market capitalization of $471.14 billion, a PE ratio of 43.82, a PEG ratio of 3.22 and a beta of 1.01. Oracle Co. has a 12 month low of $99.26 and a 12 month high of $178.61.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Monday, September 9th. The enterprise software provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. Oracle had a return on equity of 171.38% and a net margin of 20.40%. The company had revenue of $13.31 billion for the quarter, compared to analyst estimates of $13.23 billion. During the same quarter last year, the firm posted $0.95 earnings per share. Oracle’s revenue was up 6.9% compared to the same quarter last year. On average, research analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 10th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Thursday, October 10th. Oracle’s dividend payout ratio is 41.24%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research report on Friday, October 25th. Barclays boosted their price target on Oracle from $160.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. Morgan Stanley increased their price objective on Oracle from $125.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 10th. Stifel Nicolaus boosted their target price on shares of Oracle from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Tuesday, September 10th. Finally, DA Davidson lifted their price target on shares of Oracle from $105.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, September 10th. Twelve equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus price target of $168.52.

Oracle 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.