Oracle Co. (NYSE:ORCL) Shares Acquired by Stonebrook Private Inc.

Stonebrook Private Inc. lifted its stake in shares of Oracle Co. (NYSE:ORCL) by 27.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,098 shares of the enterprise software provider’s stock after purchasing an additional 871 shares during the quarter. Stonebrook Private Inc.’s holdings in Oracle were worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ORCL. Hennion & Walsh Asset Management Inc. raised its position in shares of Oracle by 25.4% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 9,311 shares of the enterprise software provider’s stock worth $1,552,000 after purchasing an additional 1,884 shares during the period. Certified Advisory Corp grew its holdings in Oracle by 1.8% in the 4th quarter. Certified Advisory Corp now owns 4,600 shares of the enterprise software provider’s stock worth $767,000 after buying an additional 83 shares in the last quarter. Empirical Asset Management LLC grew its holdings in Oracle by 32.3% in the 4th quarter. Empirical Asset Management LLC now owns 15,413 shares of the enterprise software provider’s stock worth $2,568,000 after buying an additional 3,761 shares in the last quarter. Capital & Planning LLC grew its holdings in Oracle by 0.5% in the 4th quarter. Capital & Planning LLC now owns 15,727 shares of the enterprise software provider’s stock worth $2,621,000 after buying an additional 81 shares in the last quarter. Finally, Boston Common Asset Management LLC grew its holdings in Oracle by 1.6% in the 4th quarter. Boston Common Asset Management LLC now owns 24,716 shares of the enterprise software provider’s stock worth $4,119,000 after buying an additional 386 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of the business’s stock in a transaction dated Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the transaction, the director now owns 58,090 shares in the company, valued at $7,538,339.30. The trade was a 7.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,866 shares of the business’s stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $149.53, for a total value of $428,552.98. Following the completion of the transaction, the director now owns 31,764 shares in the company, valued at $4,749,670.92. This trade represents a 8.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 27,366 shares of company stock worth $4,015,723 over the last 90 days. 42.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ORCL. Guggenheim reissued a “buy” rating and issued a $220.00 price objective on shares of Oracle in a report on Thursday, April 3rd. BMO Capital Markets decreased their price objective on Oracle from $205.00 to $175.00 and set a “market perform” rating for the company in a report on Tuesday, March 11th. Royal Bank of Canada set a $145.00 price target on Oracle and gave the company a “sector perform” rating in a research report on Tuesday, March 11th. StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Finally, JMP Securities reiterated a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research report on Wednesday, January 22nd. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $174.42.

Oracle Stock Performance

Shares of Oracle stock opened at $160.31 on Friday. The stock has a market cap of $448.39 billion, a PE ratio of 39.20, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27. The business has a fifty day simple moving average of $142.91 and a 200-day simple moving average of $162.49. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12 month low of $114.55 and a 12 month high of $198.31.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.02). The business had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $1.41 EPS. On average, sell-side analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th were paid a $0.50 dividend. The ex-dividend date was Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.25%. This is an increase from Oracle’s previous quarterly dividend of $0.40. Oracle’s payout ratio is 46.95%.

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.