Oracle Co. (NYSE:ORCL) Shares Purchased by Advisor OS LLC

Advisor OS LLC raised its position in shares of Oracle Co. (NYSE:ORCL) by 20.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,678 shares of the enterprise software provider’s stock after purchasing an additional 612 shares during the quarter. Advisor OS LLC’s holdings in Oracle were worth $613,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wealth Group Ltd. purchased a new stake in Oracle during the third quarter worth $222,000. Howard Capital Management Group LLC raised its position in shares of Oracle by 12.4% in the third quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider’s stock worth $1,366,000 after acquiring an additional 883 shares during the period. Valmark Advisers Inc. boosted its stake in shares of Oracle by 3.5% during the 3rd quarter. Valmark Advisers Inc. now owns 5,241 shares of the enterprise software provider’s stock worth $893,000 after acquiring an additional 176 shares in the last quarter. Fidelis Capital Partners LLC grew its position in shares of Oracle by 4.7% during the 3rd quarter. Fidelis Capital Partners LLC now owns 12,728 shares of the enterprise software provider’s stock valued at $2,203,000 after acquiring an additional 566 shares during the period. Finally, Nicholas Hoffman & Company LLC. increased its stake in shares of Oracle by 27.5% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 9,923 shares of the enterprise software provider’s stock valued at $1,691,000 after purchasing an additional 2,140 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 42.20% of the stock is currently owned by insiders.

Oracle Stock Up 2.3 %

Shares of NYSE ORCL opened at $172.37 on Thursday. The company has a market capitalization of $482.11 billion, a P/E ratio of 42.14, a P/E/G ratio of 3.46 and a beta of 1.05. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company has a 50 day simple moving average of $169.08 and a 200-day simple moving average of $168.15. Oracle Co. has a 1 year low of $109.79 and a 1 year high of $198.31.

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

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. Oracle’s payout ratio is currently 39.12%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ORCL shares. Citigroup increased their price target on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. DA Davidson increased their target price on Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research note on Friday, December 20th. KeyCorp upped their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Finally, Cantor Fitzgerald lowered shares of Oracle to an “overweight” rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

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.