B & T Capital Management DBA Alpha Capital Management Has $5.75 Million Position in Oracle Co. (NYSE:ORCL)

B & T Capital Management DBA Alpha Capital Management decreased its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,506 shares of the enterprise software provider's stock after selling 2,159 shares during the quarter. B & T Capital Management DBA Alpha Capital Management's holdings in Oracle were worth $5,750,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Activest Wealth Management grew its stake in Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider's stock valued at $53,000 after buying an additional 56 shares during the last quarter. Second Line Capital LLC grew its stake in Oracle by 1.5% in the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider's stock valued at $650,000 after buying an additional 58 shares during the last quarter. Cadence Bank grew its position in Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider's stock worth $1,296,000 after purchasing an additional 59 shares during the last quarter. Eagle Rock Investment Company LLC grew its position in Oracle by 0.4% in the 3rd quarter. Eagle Rock Investment Company LLC now owns 17,626 shares of the enterprise software provider's stock worth $3,003,000 after purchasing an additional 64 shares during the last quarter. Finally, W Advisors LLC grew its position in Oracle by 3.1% in the 3rd quarter. W Advisors LLC now owns 2,158 shares of the enterprise software provider's stock worth $368,000 after purchasing an additional 64 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. UBS Group raised their price target on shares of Oracle from $200.00 to $210.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Guggenheim raised their price objective on shares of Oracle from $200.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. StockNews.com raised shares of Oracle from a "hold" rating to a "buy" rating in a report on Thursday. Morgan Stanley raised their price objective on shares of Oracle from $145.00 to $175.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 10th. Finally, Mizuho raised their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an "outperform" rating in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average target price of $182.73.

Oracle Stock Up 0.9 %

Shares of ORCL stock traded up $1.51 during trading on Friday, reaching $161.05. The company's stock had a trading volume of 11,593,649 shares, compared to its average volume of 5,912,798. The business has a fifty day moving average price of $175.44 and a 200-day moving average price of $161.34. 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 company has a market cap of $450.44 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06. Oracle Co. has a one year low of $106.51 and a one year high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.34 EPS. Analysts anticipate that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.99%. The ex-dividend date was Friday, January 10th. Oracle's dividend payout ratio (DPR) is currently 39.12%.

About Oracle

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.