Atria Wealth Solutions Inc. Has $12.36 Million Position in Oracle Co. (NYSE:ORCL)

Atria Wealth Solutions Inc. decreased its stake in Oracle Co. (NYSE:ORCL - Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,143 shares of the enterprise software provider's stock after selling 1,997 shares during the period. Atria Wealth Solutions Inc.'s holdings in Oracle were worth $12,355,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ORCL. R Squared Ltd acquired a new position in shares of Oracle during the 4th quarter worth $25,000. Winch Advisory Services LLC raised its position in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after acquiring an additional 87 shares during the last quarter. TFC Financial Management Inc. lifted 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 purchasing an additional 120 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in shares of Oracle in the third quarter valued at approximately $44,000. Finally, Synergy Asset Management LLC acquired a new stake in Oracle during the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ORCL. Mizuho boosted their target price on shares of 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 downgraded Oracle from a "neutral" rating to a "sell" rating and set a $130.00 price target for the company. in a report on Friday, December 20th. Royal Bank of Canada reissued a "sector perform" rating and set a $165.00 target price on shares of Oracle in a research report on Thursday, December 5th. Citigroup lifted their price objective on Oracle from $157.00 to $194.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. Finally, BMO Capital Markets upped their price target on shares of Oracle from $173.00 to $205.00 and gave the company a "market perform" rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $182.73.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the company's 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 sale, the chief executive officer now directly owns 1,118,592 shares of the company's stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.20% of the stock is currently owned by insiders.

Oracle Stock Performance

ORCL stock traded down $8.08 during trading on Friday, reaching $167.92. 9,693,812 shares of the company's stock were exchanged, compared to its average volume of 12,127,484. Oracle Co. has a 1-year low of $109.66 and a 1-year high of $198.31. The firm has a market cap of $469.66 billion, a PE ratio of 41.06, a P/E/G ratio of 3.57 and a beta of 1.05. The company's fifty day moving average price is $169.10 and its 200-day moving average price is $166.74. 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 - Get Free Report) last posted its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the company earned $1.34 EPS. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. On average, research analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors 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 annualized dividend and a yield of 0.95%. Oracle's payout ratio is 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.