Campbell Wealth Management Purchases New Holdings in Oracle Co. (NYSE:ORCL)

Campbell Wealth Management bought a new stake in Oracle Co. (NYSE:ORCL) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,858 shares of the enterprise software provider’s stock, valued at approximately $476,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. R Squared Ltd acquired a new stake in shares of Oracle during the fourth quarter worth $25,000. Winch Advisory Services LLC raised its position in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after purchasing an additional 87 shares in the last quarter. TFC Financial Management Inc. lifted its position in shares of Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock worth $35,000 after buying an additional 120 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in shares of Oracle in the 3rd quarter valued at approximately $44,000. Finally, Synergy Asset Management LLC bought a new stake in shares of Oracle during the fourth quarter worth $47,000. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 42.20% of the company’s stock.

Oracle Stock Up 1.1 %

Oracle stock opened at $174.08 on Friday. Oracle Co. has a fifty-two week low of $106.51 and a fifty-two week high of $198.31. The business’s 50-day simple moving average is $169.94 and its two-hundred day simple moving average is $165.29. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $486.89 billion, a PE ratio of 42.56, a PEG ratio of 3.39 and a beta of 1.05.

Oracle (NYSE:ORCL) last posted its earnings results 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 firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $1.34 earnings per share. Equities analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s payout ratio is 39.12%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ORCL. Monness Crespi & Hardt downgraded shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target for the company. in a research note on Friday, December 20th. DA Davidson upped their price objective on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. BMO Capital Markets boosted their price target on shares of Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research note on Tuesday, December 10th. Guggenheim upped their price target on Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, BNP Paribas raised shares of Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

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.