Oracle Co. (NYSE:ORCL) Shares Sold by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA reduced its stake in Oracle Co. (NYSE:ORCL) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,118 shares of the enterprise software provider’s stock after selling 400 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Oracle were worth $520,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Winch Advisory Services LLC grew its holdings in shares of Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in Oracle during the third quarter worth approximately $44,000. Avondale Wealth Management purchased a new stake in Oracle in the 3rd quarter worth approximately $51,000. Friedenthal Financial acquired a new position in Oracle in the 3rd quarter valued at $51,000. Finally, Activest Wealth Management boosted its holdings in shares of Oracle by 21.9% during the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Trading Down 7.2 %

Shares of ORCL stock opened at $170.29 on Monday. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31. The firm has a market capitalization of $476.30 billion, a PE ratio of 41.51, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. The stock has a fifty day moving average of $174.41 and a two-hundred day moving average of $162.79. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81.

Oracle (NYSE:ORCL) last announced its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the company earned $1.34 EPS. The business’s quarterly revenue was up 8.6% on a year-over-year basis. As a group, research analysts expect that Oracle Co. will post 5.01 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.94%. Oracle’s payout ratio is 39.12%.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 42.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of recent analyst reports. Sanford C. Bernstein increased their price target on shares of Oracle from $201.00 to $202.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. BNP Paribas raised Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. JMP Securities reiterated a “market outperform” rating and issued a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. Citigroup upped their price target on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Finally, Jefferies Financial Group lifted their price objective on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.