Oracle Co. (NYSE:ORCL) Shares Purchased by Onefund LLC

Onefund LLC lifted its position in Oracle Co. (NYSE:ORCL) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,329 shares of the enterprise software provider’s stock after acquiring an additional 131 shares during the period. Oracle accounts for approximately 0.7% of Onefund LLC’s investment portfolio, making the stock its 26th biggest holding. Onefund LLC’s holdings in Oracle were worth $721,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Nixon Peabody Trust Co. grew its position in shares of Oracle by 2.4% during the 4th quarter. Nixon Peabody Trust Co. now owns 5,539 shares of the enterprise software provider’s stock valued at $923,000 after acquiring an additional 131 shares during the period. Prudent Man Advisors LLC acquired a new stake in shares of Oracle during the 4th quarter valued at about $346,000. Metis Global Partners LLC grew its position in shares of Oracle by 2.4% during the 4th quarter. Metis Global Partners LLC now owns 97,987 shares of the enterprise software provider’s stock valued at $16,329,000 after acquiring an additional 2,258 shares during the period. Providence First Trust Co grew its position in shares of Oracle by 612.2% during the 4th quarter. Providence First Trust Co now owns 10,840 shares of the enterprise software provider’s stock valued at $1,806,000 after acquiring an additional 9,318 shares during the period. Finally, US Bancorp DE grew its position in shares of Oracle by 1.2% during the 4th quarter. US Bancorp DE now owns 1,570,294 shares of the enterprise software provider’s stock valued at $261,674,000 after acquiring an additional 17,959 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ORCL. Mizuho raised their target price on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $205.00 price target on shares of Oracle in a research note on Wednesday, January 22nd. Evercore ISI raised their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $165.00 price target on shares of Oracle in a research note on Thursday, December 5th. Finally, Cantor Fitzgerald lowered shares of Oracle to an “overweight” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $182.73.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 345,174 shares of the business’s 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 completion of the transaction, the chief executive officer now 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 42.20% of the company’s stock.

Oracle Stock Up 0.8 %

Oracle stock opened at $166.09 on Friday. Oracle Co. has a fifty-two week low of $110.36 and a fifty-two week high of $198.31. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a 50 day moving average price of $168.93 and a 200 day moving average price of $168.36. The company has a market capitalization of $464.55 billion, a PE ratio of 40.61, a price-to-earnings-growth ratio of 3.46 and a beta of 1.05.

Oracle (NYSE:ORCL) last posted its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $14.12 billion. During the same quarter last year, the business posted $1.34 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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 $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. Oracle’s dividend payout ratio (DPR) is 39.12%.

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.