Advyzon Investment Management LLC Invests $554,000 in Oracle Co. (NYSE:ORCL)

Advyzon Investment Management LLC bought a new stake in shares of Oracle Co. (NYSE:ORCL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,325 shares of the enterprise software provider's stock, valued at approximately $554,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Meitav Investment House Ltd. acquired a new position in Oracle in the fourth quarter valued at approximately $401,000. Handelsbanken Fonder AB lifted its position in shares of Oracle by 32.1% during the 4th quarter. Handelsbanken Fonder AB now owns 726,118 shares of the enterprise software provider's stock valued at $121,000,000 after acquiring an additional 176,575 shares during the period. Wealth Alliance grew its holdings in Oracle by 16.3% in the fourth quarter. Wealth Alliance now owns 16,483 shares of the enterprise software provider's stock worth $2,747,000 after purchasing an additional 2,309 shares during the period. Sunpointe LLC grew its holdings in Oracle by 2.2% in the fourth quarter. Sunpointe LLC now owns 5,696 shares of the enterprise software provider's stock worth $949,000 after purchasing an additional 123 shares during the period. Finally, Cumberland Partners Ltd increased its stake in Oracle by 430.9% in the fourth quarter. Cumberland Partners Ltd now owns 43,000 shares of the enterprise software provider's stock valued at $7,166,000 after purchasing an additional 34,900 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle Trading Down 4.6 %

Shares of NYSE:ORCL traded down $8.08 on Friday, reaching $167.92. 7,844,019 shares of the company traded hands, compared to its average volume of 12,044,818. Oracle Co. has a 52 week low of $109.66 and a 52 week high of $198.31. 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 business's 50-day simple moving average is $169.10 and its 200 day simple moving average is $166.74. The stock has a market capitalization of $469.66 billion, a P/E ratio of 41.06, a price-to-earnings-growth ratio of 3.57 and a beta of 1.05.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly 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 for the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 earnings per share. As a group, equities analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Piper Sandler increased their price target on Oracle from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Tuesday, December 10th. Evercore ISI lifted their price target on shares of Oracle from $190.00 to $200.00 and gave the company an "outperform" rating in a research report on Tuesday, December 10th. Jefferies Financial Group upped their price objective on shares of Oracle from $190.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. BNP Paribas raised shares of Oracle to a "strong-buy" rating in a research report on Tuesday, December 10th. Finally, JMP Securities reiterated a "market outperform" rating and set a $205.00 price target on shares of Oracle in a research note on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $182.73.

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.