One Capital Management LLC Raises Position in Oracle Co. (NYSE:ORCL)

One Capital Management LLC lifted its stake in shares of Oracle Co. (NYSE:ORCL) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,422 shares of the enterprise software provider’s stock after purchasing an additional 113 shares during the period. One Capital Management LLC’s holdings in Oracle were worth $1,570,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. R Squared Ltd purchased a new position in Oracle in the 4th quarter valued at approximately $25,000. Winch Advisory Services LLC grew its stake in 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 in the last quarter. Synergy Investment Management LLC purchased a new position in Oracle in the 4th quarter valued at approximately $34,000. TFC Financial Management Inc. grew its stake in 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. Finally, Synergy Asset Management LLC purchased a new position in Oracle in the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction dated 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 42.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ORCL. KeyCorp lifted their price objective on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Stifel Nicolaus upped their price target on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Mizuho upped their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Finally, BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Twelve equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $182.73.

Oracle Stock Performance

Oracle stock opened at $150.69 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a 50-day moving average of $167.89 and a 200-day moving average of $168.97. The firm has a market cap of $421.48 billion, a P/E ratio of 36.84, a P/E/G ratio of 3.46 and a beta of 1.07. Oracle Co. has a 1-year low of $111.18 and a 1-year high of $198.31.

Oracle (NYSE:ORCL) last posted its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.34 earnings per share. Sell-side analysts expect that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.06%. Oracle’s dividend payout ratio is currently 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.