Telos Capital Management Inc. Decreases Stock Holdings in Oracle Co. (NYSE:ORCL)

Telos Capital Management Inc. reduced its position in shares of Oracle Co. (NYSE:ORCL) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,186 shares of the enterprise software provider’s stock after selling 1,363 shares during the period. Telos Capital Management Inc.’s holdings in Oracle were worth $8,363,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. McHugh Group LLC purchased a new position in Oracle during the 4th quarter valued at $1,180,000. Geneva Partners LLC increased its position in shares of Oracle by 111.6% during the fourth quarter. Geneva Partners LLC now owns 30,060 shares of the enterprise software provider’s stock valued at $5,009,000 after buying an additional 15,853 shares during the period. Financial Advocates Investment Management boosted its position in Oracle by 10.5% during the 4th quarter. Financial Advocates Investment Management now owns 6,787 shares of the enterprise software provider’s stock valued at $1,131,000 after acquiring an additional 646 shares in the last quarter. Beacon Financial Advisory LLC raised its position in shares of Oracle by 2.2% in the 4th quarter. Beacon Financial Advisory LLC now owns 4,388 shares of the enterprise software provider’s stock worth $731,000 after acquiring an additional 96 shares in the last quarter. Finally, Adero Partners LLC lifted its stake in shares of Oracle by 19.7% in the 4th quarter. Adero Partners LLC now owns 1,941 shares of the enterprise software provider’s stock valued at $323,000 after purchasing an additional 319 shares during the period. 42.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Citigroup raised their price objective on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Stifel Nicolaus raised their target price on shares of Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. Cantor Fitzgerald assumed coverage on Oracle in a research report on Friday, January 17th. They issued an “overweight” rating and a $214.00 price target on the stock. Finally, Guggenheim raised their price objective on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Activity

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 42.20% of the company’s stock.

Oracle Stock Up 0.5 %

Shares of ORCL stock opened at $172.53 on Friday. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31. The stock has a market cap of $482.56 billion, a P/E ratio of 42.18, a P/E/G ratio of 3.35 and a beta of 1.05. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a 50 day simple moving average of $170.83 and a two-hundred day simple moving average of $164.05.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the firm earned $1.34 EPS. The company’s revenue was up 8.6% on a year-over-year basis. On average, research analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, January 10th. 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.