Marshall Investment Management LLC Buys Shares of 412 Oracle Co. (NYSE:ORCL)

Marshall Investment Management LLC bought a new stake in shares of Oracle Co. (NYSE:ORCL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 412 shares of the enterprise software provider’s stock, valued at approximately $70,000.

Several other large investors have also recently bought and sold shares of ORCL. R Squared Ltd acquired a new position in Oracle during the 4th quarter valued at about $25,000. Winch Advisory Services LLC increased its stake in Oracle by 89.7% during 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 stake in Oracle by 129.0% during 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 during the period. Reston Wealth Management LLC acquired a new position in Oracle during the 3rd quarter valued at about $44,000. Finally, Synergy Asset Management LLC acquired a new position in shares of Oracle in the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ORCL shares. BMO Capital Markets lifted their price objective on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 10th. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. KeyCorp lifted their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. StockNews.com cut shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Mizuho lifted their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $182.73.

Oracle Trading Down 4.6 %

NYSE:ORCL opened at $167.92 on Friday. Oracle Co. has a 12 month low of $109.66 and a 12 month high of $198.31. The company’s 50 day moving average is $168.99 and its 200-day moving average is $167.29. The firm has a market cap of $469.66 billion, a price-to-earnings ratio of 41.06, a P/E/G ratio of 3.46 and a beta of 1.05. 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 announced its earnings results 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 return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the firm posted $1.34 EPS. The company’s revenue was up 8.6% compared to the same quarter last year. Equities analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were 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 $207,331,027.20. The trade was a 65.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 42.20% of the stock is currently owned by insiders.

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.