Rothschild Capital Partners LLC Takes Position in Oracle Co. (NYSE:ORCL)

Rothschild Capital Partners LLC bought a new position in Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,010 shares of the enterprise software provider's stock, valued at approximately $335,000.

A number of other large investors have also made changes to their positions in ORCL. Vanguard Group Inc. lifted its position in Oracle by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock valued at $26,231,127,000 after purchasing an additional 2,296,069 shares in the last quarter. FMR LLC lifted its position in shares of Oracle by 0.4% during the 4th quarter. FMR LLC now owns 38,002,902 shares of the enterprise software provider's stock valued at $6,332,803,000 after buying an additional 156,269 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Oracle by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 35,814,302 shares of the enterprise software provider's stock valued at $5,954,961,000 after acquiring an additional 619,619 shares during the period. Franklin Resources Inc. increased its holdings in Oracle by 9.3% in the 4th quarter. Franklin Resources Inc. now owns 20,202,421 shares of the enterprise software provider's stock worth $3,366,531,000 after acquiring an additional 1,722,037 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in Oracle by 0.5% during the 4th quarter. Fisher Asset Management LLC now owns 17,995,664 shares of the enterprise software provider's stock worth $2,998,798,000 after acquiring an additional 97,635 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ORCL. JPMorgan Chase & Co. reduced their price objective on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating for the company in a research note on Tuesday, March 11th. Bank of America cut their price target on Oracle from $195.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday, March 11th. Jefferies Financial Group lowered their price objective on Oracle from $220.00 to $190.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Piper Sandler reissued a "neutral" rating and set a $130.00 target price (down previously from $190.00) on shares of Oracle in a research note on Wednesday. Finally, JMP Securities reissued a "market outperform" rating and issued a $205.00 price target on shares of Oracle in a report on Wednesday, January 22nd. Fourteen analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $174.42.

Oracle Trading Up 0.7 %

ORCL traded up $0.99 during trading on Friday, reaching $138.50. The company had a trading volume of 5,471,756 shares, compared to its average volume of 9,373,581. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The business has a 50 day simple moving average of $146.54 and a 200-day simple moving average of $164.93. The stock has a market cap of $387.38 billion, a P/E ratio of 33.86, a PEG ratio of 3.46 and a beta of 1.22. Oracle Co. has a 52 week low of $113.65 and a 52 week high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.02). The firm had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. Oracle's revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.41 EPS. On average, equities analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were paid a dividend of $0.50 per share. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.44%. Oracle's dividend payout ratio is currently 46.95%.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the transaction, the director now directly owns 34,630 shares in the company, valued at $5,049,400.30. This trade represents a 5.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction on Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the sale, the director now directly owns 58,090 shares of the company's stock, valued at approximately $7,538,339.30. This trade represents a 7.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 42.20% of the company's stock.

Oracle 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.