Rowlandmiller & PARTNERS.ADV Acquires 460 Shares of Oracle Co. (NYSE:ORCL)

Rowlandmiller & PARTNERS.ADV raised its holdings in shares of Oracle Co. (NYSE:ORCL) by 12.4% in the 4th quarter, Holdings Channel reports. The firm owned 4,165 shares of the enterprise software provider’s stock after purchasing an additional 460 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Oracle were worth $694,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ORCL. R Squared Ltd bought a new stake in shares of Oracle in the fourth quarter valued at about $25,000. Winch Advisory Services LLC raised its holdings in shares of Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after acquiring an additional 87 shares in the last quarter. TFC Financial Management Inc. raised its holdings in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after acquiring an additional 120 shares in the last quarter. Reston Wealth Management LLC bought a new stake in shares of Oracle in the third quarter valued at about $44,000. Finally, Synergy Asset Management LLC bought a new stake in shares of Oracle in the fourth quarter valued at about $47,000. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value 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 approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ORCL shares. KeyCorp lifted their price objective on Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. JMP Securities reiterated a “market outperform” rating and issued a $205.00 target price on shares of Oracle in a research note on Wednesday, January 22nd. Mizuho lifted their target price on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt lowered Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price on the stock. in a research note on Friday, December 20th. Finally, Guggenheim lifted their target price on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

Oracle Price Performance

Shares of NYSE ORCL opened at $167.92 on Monday. The business’s 50 day moving average price is $168.99 and its 200 day moving average price is $167.58. The firm has a market cap of $469.66 billion, a P/E ratio of 41.06, a P/E/G ratio of 3.46 and a beta of 1.05. Oracle Co. has a 52 week low of $109.66 and a 52 week high of $198.31. 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 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion during 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%. Oracle’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 EPS. On average, sell-side analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were issued a $0.40 dividend. 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 payout ratio is presently 39.12%.

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.