Oracle Co. (NYSE:ORCL) Shares Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK raised its stake in Oracle Co. (NYSE:ORCL) by 4.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 23,736 shares of the enterprise software provider’s stock after purchasing an additional 1,006 shares during the period. Capital Advisors Inc. OK’s holdings in Oracle were worth $3,955,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ORCL. R Squared Ltd bought a new position in Oracle in the 4th quarter worth about $25,000. Winch Advisory Services LLC boosted its holdings in 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 bought a new stake in Oracle during the third quarter worth approximately $44,000. Synergy Asset Management LLC acquired a new position in Oracle in the 4th quarter worth approximately $47,000. Finally, Friedenthal Financial acquired a new position in Oracle in the 3rd quarter worth approximately $51,000. Institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 345,174 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 42.20% of the company’s stock.

Oracle Price Performance

Shares of Oracle stock opened at $177.18 on Wednesday. The business has a 50 day moving average of $170.37 and a 200 day moving average of $164.97. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market cap of $495.57 billion, a PE ratio of 43.32, a P/E/G ratio of 3.39 and a beta of 1.05. Oracle Co. has a 52 week low of $106.51 and a 52 week high of $198.31.

Oracle (NYSE:ORCL) last released its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the company posted $1.34 earnings per share. The company’s revenue was up 8.6% on a year-over-year basis. As a group, equities research analysts forecast that Oracle Co. will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.90%. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analysts Set New Price Targets

ORCL has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Oracle from a “hold” rating to a “buy” rating in a research report on Tuesday. Citigroup lifted their target price on shares of Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Stifel Nicolaus raised their price target on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt lowered shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research report on Friday, December 20th. Finally, KeyCorp lifted their target price on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.