Guidance Capital Inc. Has $577,000 Holdings in Oracle Co. (NYSE:ORCL)

Guidance Capital Inc. boosted its stake in shares of Oracle Co. (NYSE:ORCL) by 13.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,817 shares of the enterprise software provider’s stock after purchasing an additional 576 shares during the quarter. Guidance Capital Inc.’s holdings in Oracle were worth $577,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ORCL. Norges Bank acquired a new position in shares of Oracle in the 4th quarter valued at $1,210,181,000. Wellington Management Group LLP raised its stake in shares of 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 in the last quarter. Vanguard Group Inc. raised its stake 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. Boston Partners raised its stake in shares of Oracle by 382.4% in the 4th quarter. Boston Partners now owns 4,563,366 shares of the enterprise software provider’s stock valued at $481,820,000 after buying an additional 3,617,413 shares in the last quarter. Finally, Capital World Investors raised 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 buying an additional 3,323,334 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Up 0.7 %

NYSE ORCL traded up $1.02 on Friday, reaching $141.20. The company had a trading volume of 25,814,821 shares, compared to its average volume of 11,264,646. The company’s fifty day moving average is $125.24 and its 200-day moving average is $118.08. Oracle Co. has a 1-year low of $99.26 and a 1-year high of $145.32. The firm has a market capitalization of $389.13 billion, a price-to-earnings ratio of 38.06, a price-to-earnings-growth ratio of 2.54 and a beta of 1.01. The company has a debt-to-equity ratio of 8.25, a quick ratio of 0.72 and a current ratio of 0.71.

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

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Stockholders of record on Thursday, July 11th will be issued a $0.40 dividend. The ex-dividend date is Thursday, July 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. Oracle’s dividend payout ratio (DPR) is presently 43.13%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Sanford C. Bernstein increased their price objective on shares of Oracle from $159.00 to $171.00 and gave the company an “outperform” rating in a research note on Wednesday, June 12th. Piper Sandler increased their price objective on shares of Oracle from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Wednesday, June 12th. BMO Capital Markets upped their target price on shares of Oracle from $142.00 to $160.00 and gave the stock a “market perform” rating in a report on Monday, June 17th. HSBC increased their price objective on shares of Oracle from $144.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. Finally, Citigroup decreased their price objective on shares of Oracle from $133.00 to $128.00 and set a “neutral” rating on the stock in a report on Monday, June 10th. Fourteen equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $145.83.

Insider Transactions at Oracle

In related news, Director George H. Conrades sold 20,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $116.00, for a total value of $2,320,000.00. Following the completion of the transaction, the director now owns 17,836 shares of the company’s stock, valued at $2,068,976. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, insider Edward Screven sold 37,221 shares of the stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $140.19, for a total transaction of $5,218,011.99. Following the completion of the transaction, the insider now directly owns 2,626,764 shares in the company, valued at approximately $368,246,045.16. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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 transaction of $2,320,000.00. Following the transaction, the director now owns 17,836 shares of the company’s stock, valued at $2,068,976. The disclosure for this sale can be found here. Insiders have sold a total of 385,639 shares of company stock valued at $53,002,729 over the last 90 days. 42.80% of the stock is owned by corporate insiders.

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.