Blake Schutter Theil Wealth Advisors LLC Has $357,000 Stock Holdings in Oracle Co. (NYSE:ORCL)

Blake Schutter Theil Wealth Advisors LLC trimmed its stake in shares of Oracle Co. (NYSE:ORCL) by 76.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,141 shares of the enterprise software provider’s stock after selling 7,022 shares during the period. Blake Schutter Theil Wealth Advisors LLC’s holdings in Oracle were worth $357,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Activest Wealth Management boosted its position in shares of Oracle by 21.9% in the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after acquiring an additional 56 shares during the period. Second Line Capital LLC increased its position in Oracle by 1.5% during the third quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider’s stock worth $650,000 after acquiring an additional 58 shares during the period. Cadence Bank raised its stake in Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider’s stock worth $1,296,000 after purchasing an additional 59 shares in the last quarter. Requisite Capital Management LLC boosted its holdings in Oracle by 2.8% in the 4th quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider’s stock valued at $373,000 after purchasing an additional 60 shares during the period. Finally, Cookson Peirce & Co. Inc. grew its position in shares of Oracle by 4.4% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider’s stock worth $237,000 after purchasing an additional 60 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 42.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley lifted their price target on shares of Oracle from $145.00 to $175.00 and gave the company an “equal weight” 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. DA Davidson increased their target price on Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. BNP Paribas raised Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Stifel Nicolaus increased their price objective on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Twelve equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average target price of $182.73.

Oracle Trading Up 3.3 %

Shares of NYSE ORCL opened at $155.89 on Friday. The firm has a 50 day moving average price of $167.63 and a two-hundred day moving average price of $169.30. The stock has a market cap of $436.01 billion, a P/E ratio of 38.11, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. Oracle Co. has a 52-week low of $111.18 and a 52-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.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates 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 in the previous year, the company earned $1.34 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities analysts forecast that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

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