F&V Capital Management LLC Has $18.84 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

F&V Capital Management LLC grew its stake in Oracle Co. (NYSE:ORCL) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 149,955 shares of the enterprise software provider’s stock after buying an additional 2,060 shares during the period. Oracle accounts for about 5.5% of F&V Capital Management LLC’s holdings, making the stock its 3rd biggest holding. F&V Capital Management LLC’s holdings in Oracle were worth $18,836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ORCL. Norges Bank bought a new position in shares of Oracle in the 4th quarter worth about $1,210,181,000. Wellington Management Group LLP lifted its stake in Oracle by 9,299.3% in the third 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. boosted its holdings in shares of Oracle by 5.7% during the 3rd quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock worth $15,599,200,000 after buying an additional 7,883,515 shares in the last quarter. Boston Partners grew its position in shares of Oracle by 382.4% during the 4th quarter. Boston Partners now owns 4,563,366 shares of the enterprise software provider’s stock worth $481,820,000 after buying an additional 3,617,413 shares during the period. Finally, Capital World Investors increased its stake in shares of Oracle by 22.1% in the 4th quarter. Capital World Investors now owns 18,384,162 shares of the enterprise software provider’s stock valued at $1,938,242,000 after acquiring an additional 3,323,334 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In related news, Director George H. Conrades sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $116.00, for a total transaction of $2,320,000.00. Following the sale, the director now directly owns 17,836 shares in the company, valued at approximately $2,068,976. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Jeffrey Berg sold 22,500 shares of Oracle stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $143.12, for a total value of $3,220,200.00. Following the completion of the transaction, the director now directly owns 210,712 shares in the company, valued at $30,157,101.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director George H. Conrades sold 20,000 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $116.00, for a total value of $2,320,000.00. Following the sale, the director now directly owns 17,836 shares in the company, valued at approximately $2,068,976. The disclosure for this sale can be found here. In the last three months, insiders have sold 348,418 shares of company stock worth $47,784,717. Company insiders own 42.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Morgan Stanley restated an “equal weight” rating and issued a $125.00 price target on shares of Oracle in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their target price on Oracle from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, June 17th. Oppenheimer began coverage on Oracle in a research note on Thursday, April 18th. They set a “market perform” rating on the stock. Citigroup reduced their price objective on Oracle from $133.00 to $128.00 and set a “neutral” rating for the company in a research note on Monday, June 10th. Finally, StockNews.com lowered Oracle from a “buy” rating to a “hold” rating in a research report on Thursday, June 6th. Fourteen investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.83.

Oracle Stock Performance

ORCL stock traded down $0.92 during mid-day trading on Wednesday, hitting $138.25. The company had a trading volume of 8,034,593 shares, compared to its average volume of 8,590,405. The company has a debt-to-equity ratio of 8.25, a quick ratio of 0.72 and a current ratio of 0.71. The firm has a market cap of $381.00 billion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 2.52 and a beta of 1.01. Oracle Co. has a 12 month low of $99.26 and a 12 month high of $145.32. The stock’s fifty day moving average price is $123.84 and its two-hundred day moving average price is $117.48.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, June 11th. The enterprise software provider reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.02). Oracle had a return on equity of 223.01% and a net margin of 19.76%. The company had revenue of $14.29 billion during the quarter, compared to the consensus estimate of $14.57 billion. During the same period last year, the firm posted $1.35 EPS. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. On average, analysts forecast that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, July 11th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.16%. The ex-dividend date is Thursday, July 11th. Oracle’s dividend payout ratio (DPR) is currently 43.13%.

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.