Tilson Financial Group Inc. Increases Stake in Oracle Co. (NYSE:ORCL)

Tilson Financial Group Inc. grew its stake in Oracle Co. (NYSE:ORCL) by 12.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,435 shares of the enterprise software provider’s stock after buying an additional 375 shares during the quarter. Tilson Financial Group Inc.’s holdings in Oracle were worth $572,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Activest Wealth Management boosted its stake in shares of Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after buying an additional 56 shares during the period. Second Line Capital LLC boosted its stake in shares of Oracle by 1.5% in the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider’s stock valued at $650,000 after buying an additional 58 shares during the period. Cadence Bank boosted its stake in shares of Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider’s stock valued at $1,296,000 after buying an additional 59 shares during the period. Requisite Capital Management LLC boosted its stake in shares of 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 buying an additional 60 shares during the period. Finally, Cookson Peirce & Co. Inc. boosted its stake in shares of Oracle by 4.4% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider’s stock valued at $237,000 after buying an additional 60 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 3.3 %

Shares of ORCL stock opened at $155.89 on Friday. The business’s fifty day moving average price is $167.63 and its 200 day moving average price is $169.30. Oracle Co. has a 1-year low of $111.18 and a 1-year high of $198.31. The firm has a market capitalization of $436.01 billion, a PE ratio of 38.11, a P/E/G ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81.

Oracle (NYSE:ORCL) last announced 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 return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the company earned $1.34 EPS. The company’s revenue was up 8.6% on a year-over-year basis. As a group, sell-side analysts forecast that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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

Analysts Set New Price Targets

Several research firms recently weighed in on ORCL. KeyCorp boosted their target price on Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. JMP Securities restated a “market outperform” rating and set a $205.00 target price on shares of Oracle in a research note on Wednesday, January 22nd. Citigroup boosted their target price on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Stifel Nicolaus boosted their target price on Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Finally, Jefferies Financial Group boosted their target price on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $182.73.

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction on 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 sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 42.20% of the stock is currently 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.