Aware Super Pty Ltd as trustee of Aware Super Acquires Shares of 60,178 Oracle Co. (NYSE:ORCL)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Oracle Co. (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 60,178 shares of the enterprise software provider's stock, valued at approximately $10,028,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Canada Post Corp Registered Pension Plan bought a new position in shares of Oracle during the fourth quarter valued at about $6,910,000. Defined Financial Planning LLC bought a new position in shares of Oracle during the 4th quarter worth approximately $265,000. LaSalle St. Investment Advisors LLC lifted its position in shares of Oracle by 69.8% during the 4th quarter. LaSalle St. Investment Advisors LLC now owns 1,993 shares of the enterprise software provider's stock worth $332,000 after buying an additional 819 shares in the last quarter. XTX Topco Ltd boosted its stake in shares of Oracle by 1,448.5% in the 4th quarter. XTX Topco Ltd now owns 19,558 shares of the enterprise software provider's stock worth $3,259,000 after buying an additional 18,295 shares during the last quarter. Finally, Broyhill Asset Management bought a new position in shares of Oracle in the fourth quarter valued at approximately $706,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Trading Down 0.6 %

Shares of ORCL traded down $0.81 during mid-day trading on Tuesday, reaching $133.83. The company's stock had a trading volume of 8,619,117 shares, compared to its average volume of 9,290,222. 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 Co. has a 52 week low of $112.78 and a 52 week high of $198.31. The company's fifty day moving average price is $153.73 and its two-hundred day moving average price is $167.15. The stock has a market cap of $374.33 billion, a PE ratio of 32.72, a P/E/G ratio of 3.46 and a beta of 1.22.

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Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the previous year, the company earned $1.41 earnings per share. The business's quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business 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 dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio is 46.95%.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the sale, the director now owns 34,630 shares in the company, valued at approximately $5,049,400.30. This trade represents a 5.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Leon E. Panetta sold 5,000 shares of the business's stock in a transaction that occurred 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 transaction, the director now directly owns 58,090 shares in the company, valued at $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. Over the last 90 days, insiders have sold 2,453,328 shares of company stock worth $454,439,851. Insiders own 42.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ORCL. DA Davidson cut their price objective on Oracle from $150.00 to $140.00 and set a "neutral" rating on the stock in a research report on Monday. Stephens initiated coverage on shares of Oracle in a research report on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 price target for the company. StockNews.com lowered shares of Oracle from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Jefferies Financial Group reduced their target price on shares of Oracle from $220.00 to $190.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Finally, Citigroup lowered their price target on shares of Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. 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 company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $177.12.

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.