Oracle Co. (NYSE:ORCL) is Ellerson Group Inc. ADV’s 6th Largest Position

by · The Markets Daily

Ellerson Group Inc. ADV lowered its position in Oracle Co. (NYSE:ORCL – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,012 shares of the enterprise software provider’s stock after selling 910 shares during the period. Oracle comprises about 3.6% of Ellerson Group Inc. ADV’s portfolio, making the stock its 6th largest position. Ellerson Group Inc. ADV’s holdings in Oracle were worth $5,001,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in Oracle during the fourth quarter worth about $25,000. Winch Advisory Services LLC increased 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 during the last quarter. Synergy Investment Management LLC purchased a new stake in Oracle during the fourth quarter worth about $34,000. TFC Financial Management Inc. increased its holdings in Oracle by 129.0% during the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock worth $35,000 after buying an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in Oracle during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 3.3 %

ORCL stock opened at $155.89 on Friday. The company has a market capitalization of $436.01 billion, a PE ratio of 38.11, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. Oracle Co. has a one year low of $111.18 and a one year high of $198.31. The company’s 50 day moving average price is $167.63 and its two-hundred day moving average price is $169.30. 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 – Get Free Report) last posted its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $1.34 earnings per share. As a group, analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Insiders Place Their Bets

In related news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction on Friday, January 24th. The shares were 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 of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available through this link. Insiders own 42.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ORCL shares. BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. DA Davidson increased their target price on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Evercore ISI increased their target price on shares of Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. JMP Securities reiterated a “market outperform” rating and set a $205.00 target price on shares of Oracle in a research report on Wednesday, January 22nd. Finally, Citigroup increased their target price on shares of Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Twelve analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Get Our Latest Analysis on ORCL

About Oracle

(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.

Further Reading

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