Rowlandmiller & PARTNERS.ADV Has $402,000 Stake in Oracle Co. (NYSE:ORCL)

Rowlandmiller & PARTNERS.ADV reduced its position in shares of Oracle Co. (NYSE:ORCLFree Report) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,815 shares of the enterprise software provider’s stock after selling 300 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Oracle were worth $402,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Oracle during the 4th quarter worth $1,409,896,000. Moneta Group Investment Advisors LLC grew its stake in Oracle by 112,785.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,832,530 shares of the enterprise software provider’s stock worth $885,451,000 after buying an additional 10,822,934 shares in the last quarter. Wellington Management Group LLP increased its holdings in Oracle by 9,299.3% in the 3rd quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider’s stock valued at $865,472,000 after buying an additional 8,084,067 shares during the period. Vanguard Group Inc. raised its position in shares of Oracle by 5.7% in the 3rd quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock valued at $15,599,200,000 after buying an additional 7,883,515 shares in the last quarter. Finally, Capital World Investors lifted its holdings in shares of Oracle by 83.8% during the 2nd quarter. Capital World Investors now owns 15,057,067 shares of the enterprise software provider’s stock worth $1,793,146,000 after acquiring an additional 6,863,334 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on ORCL. UBS Group cut their target price on shares of Oracle from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, December 12th. BMO Capital Markets lifted their price objective on shares of Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday. Evercore ISI dropped their price target on Oracle from $135.00 to $130.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 12th. William Blair raised shares of Oracle from a “market perform” rating to an “outperform” rating in a research report on Tuesday. Finally, Wolfe Research dropped their price objective on Oracle from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 12th. Nine equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $127.73.

Read Our Latest Stock Analysis on ORCL

Oracle Price Performance

Shares of NYSE ORCL traded up $1.01 during mid-day trading on Thursday, reaching $126.53. 929,780 shares of the company were exchanged, compared to its average volume of 8,816,133. The company’s 50 day moving average price is $111.91 and its 200 day moving average price is $111.11. Oracle Co. has a 52 week low of $82.08 and a 52 week high of $129.37. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 18.84. The stock has a market capitalization of $347.82 billion, a PE ratio of 34.69, a PEG ratio of 2.19 and a beta of 1.00.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings data on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. Oracle had a net margin of 20.27% and a return on equity of 429.67%. The firm had revenue of $13.28 billion during the quarter, compared to analyst estimates of $13.29 billion. During the same period in the previous year, the business posted $0.96 EPS. The business’s quarterly revenue was up 7.1% on a year-over-year basis. Sell-side analysts forecast that Oracle Co. will post 4.44 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Tuesday, April 9th. Oracle’s dividend payout ratio (DPR) is 44.20%.

Insider Buying and Selling

In related news, Director Naomi O. Seligman sold 16,300 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $106.02, for a total value of $1,728,126.00. Following the completion of the sale, the director now owns 34,771 shares of the company’s stock, valued at $3,686,421.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 42.80% of the stock is owned by insiders.

Oracle Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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