Oracle Co. (NYSE:ORCL) Shares Sold by F&V Capital Management LLC

F&V Capital Management LLC decreased its holdings in shares of Oracle Co. (NYSE:ORCL) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,600 shares of the enterprise software provider’s stock after selling 305 shares during the quarter. Oracle makes up about 7.2% of F&V Capital Management LLC’s investment portfolio, making the stock its biggest holding. F&V Capital Management LLC’s holdings in Oracle were worth $27,262,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ORCL. Czech National Bank grew its position in shares of Oracle by 7.2% in the 3rd quarter. Czech National Bank now owns 325,610 shares of the enterprise software provider’s stock valued at $55,484,000 after acquiring an additional 21,832 shares during the period. GAMMA Investing LLC increased its position in Oracle by 33.7% during the third quarter. GAMMA Investing LLC now owns 29,841 shares of the enterprise software provider’s stock worth $5,085,000 after buying an additional 7,526 shares during the last quarter. Davis Investment Partners LLC raised its stake in Oracle by 5.5% in the third quarter. Davis Investment Partners LLC now owns 7,092 shares of the enterprise software provider’s stock valued at $1,189,000 after buying an additional 367 shares during the period. Diversified Trust Co boosted its stake in shares of Oracle by 7.1% during the 3rd quarter. Diversified Trust Co now owns 27,040 shares of the enterprise software provider’s stock worth $4,608,000 after acquiring an additional 1,796 shares during the period. Finally, Smith Anglin Financial LLC boosted its position in Oracle by 2.0% during the third quarter. Smith Anglin Financial LLC now owns 3,716 shares of the enterprise software provider’s stock worth $633,000 after purchasing an additional 74 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 0.9 %

Shares of NYSE:ORCL opened at $168.60 on Tuesday. The company has a market capitalization of $471.57 billion, a price-to-earnings ratio of 41.22, a P/E/G ratio of 3.35 and a beta of 1.06. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31. The business’s 50-day moving average is $171.89 and its 200-day moving average is $163.58. 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 issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS 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 firm had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the firm earned $1.34 earnings per share. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Equities research analysts predict that Oracle Co. will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction 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 $207,331,027.20. This represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a research note on Friday, December 20th. Cantor Fitzgerald started coverage on Oracle in a research note on Friday, January 17th. They set an “overweight” rating and a $214.00 target price on the stock. Stifel Nicolaus lifted their price target on Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. BMO Capital Markets increased their price objective on Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research report on Tuesday, December 10th. Finally, UBS Group boosted their target price on shares of Oracle from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

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.