Oracle Co. (NYSE:ORCL) Stock Position Lowered by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA decreased its position in Oracle Co. (NYSE:ORCL) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,835 shares of the enterprise software provider’s stock after selling 1,288 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Oracle were worth $5,849,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ORCL. Capital & Planning LLC lifted its stake in Oracle by 0.5% during the fourth quarter. Capital & Planning LLC now owns 15,727 shares of the enterprise software provider’s stock valued at $2,621,000 after purchasing an additional 81 shares during the last quarter. Brighton Jones LLC increased its holdings in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Oracle during the 4th quarter valued at $51,084,000. Revolve Wealth Partners LLC boosted its stake in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after acquiring an additional 404 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its stake in shares of Oracle by 2.7% during the 4th quarter. Focus Financial Network Inc. now owns 10,798 shares of the enterprise software provider’s stock worth $1,799,000 after acquiring an additional 287 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on ORCL. Barclays decreased their price objective on shares of Oracle from $212.00 to $202.00 and set an “overweight” rating for the company in a research note on Tuesday, March 11th. Guggenheim restated a “buy” rating and issued a $220.00 target price on shares of Oracle in a report on Thursday, June 5th. Stifel Nicolaus lowered their price target on Oracle from $175.00 to $150.00 and set a “hold” rating on the stock in a report on Tuesday, March 11th. Westpark Capital upped their price target on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Stephens started coverage on Oracle in a research report on Wednesday, March 19th. They set an “equal weight” rating and a $167.00 price objective for the company. Twelve analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average target price of $177.67.

Insider Buying and Selling

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the sale, the director now owns 58,090 shares of the company’s stock, valued at $7,538,339.30. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the transaction, the director now directly owns 34,630 shares in the company, valued at approximately $5,049,400.30. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,366 shares of company stock worth $4,015,723 in the last quarter. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Performance

ORCL opened at $176.33 on Thursday. 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 $493.20 billion, a PE ratio of 43.11, a price-to-earnings-growth ratio of 3.46 and a beta of 1.32. The stock has a 50-day moving average of $149.60 and a 200-day moving average of $160.36. Oracle Co. has a 52-week low of $118.86 and a 52-week high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating the consensus estimate of $1.64 by $0.06. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $15.90 billion for the quarter, compared to the consensus estimate of $15.58 billion. During the same quarter last year, the company posted $1.63 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. As a group, equities research analysts forecast that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle 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.