Little House Capital LLC Has $4.22 Million Stake in Oracle Co. (NYSE:ORCL)

Little House Capital LLC boosted its holdings in shares of Oracle Co. (NYSE:ORCL) by 29.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,625 shares of the enterprise software provider’s stock after buying an additional 7,712 shares during the period. Oracle comprises 1.4% of Little House Capital LLC’s portfolio, making the stock its 22nd largest holding. Little House Capital LLC’s holdings in Oracle were worth $4,224,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Norges Bank bought a new stake in Oracle during the 4th quarter worth approximately $1,210,181,000. Wellington Management Group LLP grew its stake in shares of Oracle by 9,299.3% during the third quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider’s stock valued at $865,472,000 after purchasing an additional 8,084,067 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Oracle by 5.7% in the third quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock valued at $15,599,200,000 after purchasing an additional 7,883,515 shares in the last quarter. Boston Partners lifted its holdings in Oracle by 382.4% during the 4th quarter. Boston Partners now owns 4,563,366 shares of the enterprise software provider’s stock worth $481,820,000 after buying an additional 3,617,413 shares in the last quarter. Finally, Capital World Investors boosted its position in 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 during the last quarter. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ORCL. Citigroup reduced their price target on shares of Oracle from $133.00 to $128.00 and set a “neutral” rating on the stock in a research report on Monday, June 10th. TD Cowen increased their price target on Oracle from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th. Evercore ISI lifted their price objective on Oracle from $145.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday, June 12th. William Blair raised Oracle from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 12th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $105.00 price target on shares of Oracle in a research note on Wednesday, June 12th. Fourteen research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $145.83.

Insider Activity

In related news, insider Edward Screven sold 235,918 shares of Oracle stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $144.30, for a total value of $34,042,967.40. Following the transaction, the insider now directly owns 2,626,764 shares of the company’s stock, valued at $379,042,045.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director George H. Conrades sold 20,000 shares of the company’s 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 sale, the director now owns 17,836 shares in the company, valued at approximately $2,068,976. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Edward Screven sold 235,918 shares of Oracle stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $144.30, for a total value of $34,042,967.40. Following the completion of the sale, the insider now owns 2,626,764 shares of the company’s stock, valued at $379,042,045.20. The disclosure for this sale can be found here. Insiders sold 385,639 shares of company stock valued at $53,002,729 over the last quarter. 42.80% of the stock is owned by company insiders.

Oracle Price Performance

Shares of NYSE ORCL traded up $1.70 during trading hours on Monday, hitting $142.90. 4,337,702 shares of the stock were exchanged, compared to its average volume of 8,688,525. Oracle Co. has a 1-year low of $99.26 and a 1-year high of $145.32. The company has a market cap of $393.81 billion, a PE ratio of 38.63, a price-to-earnings-growth ratio of 2.56 and a beta of 1.02. The company has a debt-to-equity ratio of 8.25, a quick ratio of 0.72 and a current ratio of 0.71. The company’s fifty day simple moving average is $125.24 and its two-hundred day simple moving average is $118.19.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, June 11th. The enterprise software provider reported $1.63 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.02). The business had revenue of $14.29 billion for the quarter, compared to analyst estimates of $14.57 billion. Oracle had a return on equity of 223.01% and a net margin of 19.76%. The firm’s revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.35 EPS. On average, sell-side analysts predict that Oracle Co. will post 5.01 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 25th. Stockholders of record on Thursday, July 11th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, July 11th. Oracle’s dividend payout ratio (DPR) is currently 43.13%.

Oracle 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.