Larson Financial Group LLC Buys 174 Shares of Oracle Co. (NYSE:ORCL)

Larson Financial Group LLC raised its stake in Oracle Co. (NYSE:ORCL) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,009 shares of the enterprise software provider’s stock after acquiring an additional 174 shares during the quarter. Larson Financial Group LLC’s holdings in Oracle were worth $835,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in Oracle by 5.3% during the third quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock valued at $411,748,000 after purchasing an additional 121,874 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in shares of Oracle by 201.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider’s stock valued at $266,000 after buying an additional 1,069 shares in the last quarter. RMR Wealth Builders boosted its holdings in Oracle by 383.4% in the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock worth $1,192,000 after buying an additional 5,675 shares during the period. Foundations Investment Advisors LLC grew its stake in Oracle by 24.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock valued at $27,428,000 after buying an additional 32,718 shares in the last quarter. Finally, Crews Bank & Trust bought a new stake in Oracle during the 4th quarter valued at $1,800,000. 42.44% of the stock is owned by institutional investors.

Oracle Stock Performance

Oracle stock opened at $155.89 on Monday. The firm has a fifty day simple moving average of $167.63 and a two-hundred day simple moving average of $169.51. Oracle Co. has a twelve month low of $111.18 and a twelve month high of $198.31. The company 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 quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL) last issued 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). The company had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 earnings per share. Research analysts expect that Oracle Co. will post 5 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ORCL. StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. JMP Securities reaffirmed a “market outperform” rating and set a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Jefferies Financial Group boosted their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Guggenheim reaffirmed a “buy” rating and set a $220.00 target price on shares of Oracle in a report on Wednesday, March 5th. Twelve investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 42.20% of the company’s stock.

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.