Carl P. Sherr & Co. LLC Has $364,000 Stake in Oracle Co. (NYSE:ORCL)

Carl P. Sherr & Co. LLC boosted its position in Oracle Co. (NYSE:ORCL) by 26.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,184 shares of the enterprise software provider’s stock after acquiring an additional 450 shares during the period. Carl P. Sherr & Co. LLC’s holdings in Oracle were worth $364,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ORCL. R Squared Ltd bought a new stake in Oracle in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC grew its holdings in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares during the period. TFC Financial Management Inc. increased its position in shares of Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after buying an additional 120 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in Oracle during the 3rd quarter worth $44,000. Finally, Synergy Asset Management LLC bought a new position in Oracle during the fourth quarter worth about $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Down 4.6 %

Shares of ORCL stock opened at $167.92 on Friday. Oracle Co. has a 52-week low of $109.66 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. The stock has a market cap of $469.66 billion, a price-to-earnings ratio of 41.06, a PEG ratio of 3.46 and a beta of 1.05. The firm’s 50-day moving average is $168.99 and its 200-day moving average is $167.02.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (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 business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the business earned $1.34 earnings per share. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Sell-side analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend 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 Oracle news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction on Friday, January 24th. The stock was 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 directly owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. This represents a 23.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 42.20% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ORCL. DA Davidson increased their price target on Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Jefferies Financial Group raised their target price on shares of Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $165.00 price target on shares of Oracle in a research note on Thursday, December 5th. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Stifel Nicolaus boosted their price objective on shares of Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $182.73.

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.