Blake Schutter Theil Wealth Advisors LLC Cuts Stock Position in Oracle Co. (NYSE:ORCL)

Blake Schutter Theil Wealth Advisors LLC decreased its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 76.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,141 shares of the enterprise software provider's stock after selling 7,022 shares during the period. Blake Schutter Theil Wealth Advisors LLC's holdings in Oracle were worth $357,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of Oracle in the 4th quarter valued at about $930,095,000. Franklin Resources Inc. boosted its holdings in shares of Oracle by 11.6% in the 3rd quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider's stock valued at $3,370,640,000 after buying an additional 1,917,416 shares in the last quarter. State Street Corp boosted its holdings in shares of Oracle by 2.7% in the 3rd quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider's stock valued at $12,003,241,000 after buying an additional 1,847,561 shares in the last quarter. Amundi boosted its stake in Oracle by 15.2% in the 4th quarter. Amundi now owns 12,327,164 shares of the enterprise software provider's stock worth $2,012,943,000 after purchasing an additional 1,623,609 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in Oracle by 3,805.0% in the 4th quarter. Proficio Capital Partners LLC now owns 966,571 shares of the enterprise software provider's stock worth $161,069,000 after purchasing an additional 941,819 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

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Insider Activity

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 transaction, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 42.20% of the company's stock.

Oracle Trading Up 3.3 %

Shares of ORCL stock traded up $4.95 on Friday, hitting $155.89. 12,628,662 shares of the stock traded hands, compared to its average volume of 11,632,912. The firm's 50-day moving average price is $167.63 and its two-hundred day moving average price is $169.51. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market capitalization of $436.01 billion, a PE ratio of 38.11, a PEG ratio of 3.46 and a beta of 1.07. Oracle Co. has a twelve month low of $111.18 and a twelve month high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.34 EPS. As a group, analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given 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 1.03%. Oracle's payout ratio is 39.12%.

Analyst Ratings Changes

ORCL has been the subject of a number of recent analyst reports. StockNews.com cut shares of Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $165.00 target price on shares of Oracle in a research note on Thursday, December 5th. Guggenheim reissued a "buy" rating and set a $220.00 price target on shares of Oracle in a research report on Wednesday. Evercore ISI raised their price target on shares of Oracle from $190.00 to $200.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Finally, Mizuho raised their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Twelve equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Oracle presently has an average rating of "Moderate Buy" and an average price target of $182.73.

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.