122,881 Shares in Oracle Co. (NYSE:ORCL) Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. purchased a new position in Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 122,881 shares of the enterprise software provider's stock, valued at approximately $20,477,000.

Several other institutional investors also recently modified their holdings of the stock. R Squared Ltd purchased a new stake in shares of Oracle during the fourth quarter valued at $25,000. Winch Advisory Services LLC boosted 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 worth $31,000 after buying an additional 87 shares during the period. Hurley Capital LLC acquired a new position in shares of Oracle in the fourth quarter worth about $33,000. Synergy Investment Management LLC acquired a new stake in shares of Oracle during the fourth quarter valued at approximately $34,000. Finally, TFC Financial Management Inc. lifted 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 acquiring an additional 120 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Activity

In related news, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the transaction, the director now directly owns 34,630 shares of the company's stock, valued at $5,049,400.30. This trade represents a 5.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Safra Catz sold 345,174 shares of the firm's stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,453,328 shares of company stock worth $454,439,851. Corporate insiders own 42.20% of the company's stock.

Oracle Stock Down 0.9 %

ORCL opened at $128.56 on Monday. The stock has a market capitalization of $359.58 billion, a price-to-earnings ratio of 31.43, a P/E/G ratio of 3.46 and a beta of 1.22. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31. The business has a 50 day moving average of $150.85 and a 200-day moving average of $166.33. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same period in the prior year, the company posted $1.41 EPS. The firm's quarterly revenue was up 6.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be paid a $0.50 dividend. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.56%. Oracle's dividend payout ratio is currently 46.95%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. KeyCorp reissued an "overweight" rating and set a $200.00 target price on shares of Oracle in a research note on Tuesday, March 11th. Monness Crespi & Hardt raised Oracle from a "sell" rating to a "neutral" rating in a research note on Monday, March 3rd. Morgan Stanley lowered their target price on Oracle from $170.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Mizuho reduced their price target on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada set a $145.00 price target on shares of Oracle and gave the stock a "sector perform" rating in a report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $176.73.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.