SG Americas Securities LLC Has $145.40 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

SG Americas Securities LLC trimmed its position in shares of Oracle Co. (NYSE:ORCL) by 13.3% during the 4th quarter, HoldingsChannel reports. The fund owned 872,528 shares of the enterprise software provider’s stock after selling 133,947 shares during the quarter. Oracle makes up approximately 0.6% of SG Americas Securities LLC’s investment portfolio, making the stock its 17th biggest holding. SG Americas Securities LLC’s holdings in Oracle were worth $145,398,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC grew its position in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after acquiring an additional 87 shares during the last quarter. Reston Wealth Management LLC bought a new stake in Oracle during the 3rd quarter worth approximately $44,000. Avondale Wealth Management bought a new stake in Oracle during the 3rd quarter worth approximately $51,000. Friedenthal Financial bought a new stake in Oracle during the 3rd quarter worth approximately $51,000. Finally, Activest Wealth Management grew its position in Oracle by 21.9% during the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after acquiring an additional 56 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on ORCL shares. JMP Securities restated a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research report on Wednesday. Cantor Fitzgerald assumed coverage on Oracle in a report on Friday, January 17th. They set an “overweight” rating and a $214.00 price objective on the stock. KeyCorp upped their price objective on Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. BNP Paribas raised Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Finally, Jefferies Financial Group upped their price objective on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

Oracle Price Performance

Shares of NYSE ORCL opened at $184.18 on Thursday. The stock has a market capitalization of $515.14 billion, a price-to-earnings ratio of 45.03, a PEG ratio of 3.39 and a beta of 1.06. The business has a 50-day moving average of $174.54 and a 200-day moving average of $161.90. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a fifty-two week low of $106.51 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 EPS. As a group, sell-side analysts predict that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.87%. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

About Oracle

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.