Oracle Co. (NYSE:ORCL) Holdings Lifted by Capital International Inc. CA

Capital International Inc. CA lifted its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 39.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,614 shares of the enterprise software provider's stock after purchasing an additional 22,709 shares during the quarter. Capital International Inc. CA's holdings in Oracle were worth $13,434,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in ORCL. Vanguard Group Inc. raised its holdings in shares of Oracle by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock worth $26,231,127,000 after purchasing an additional 2,296,069 shares during the period. FMR LLC increased its position in Oracle by 0.4% during the 4th quarter. FMR LLC now owns 38,002,902 shares of the enterprise software provider's stock worth $6,332,803,000 after purchasing an additional 156,269 shares in the last quarter. Geode Capital Management LLC raised its holdings in Oracle by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 35,814,302 shares of the enterprise software provider's stock valued at $5,954,961,000 after buying an additional 619,619 shares during the period. Franklin Resources Inc. lifted its position in Oracle by 9.3% during the fourth quarter. Franklin Resources Inc. now owns 20,202,421 shares of the enterprise software provider's stock valued at $3,366,531,000 after buying an additional 1,722,037 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in Oracle by 0.5% during the fourth quarter. Fisher Asset Management LLC now owns 17,995,664 shares of the enterprise software provider's stock worth $2,998,798,000 after buying an additional 97,635 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 345,174 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their position. The transaction was disclosed in a document filed 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 dated Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the sale, the director now owns 58,090 shares in the company, valued at approximately $7,538,339.30. The trade was a 7.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 352,174 shares of company stock valued at $64,990,957 over the last 90 days. 42.20% of the stock is currently owned by corporate insiders.

Oracle Stock Performance

NYSE ORCL traded up $5.82 on Thursday, hitting $137.22. The stock had a trading volume of 2,911,624 shares, compared to its average volume of 11,816,689. The company's 50-day moving average is $148.08 and its two-hundred day moving average is $165.49. The stock has a market cap of $383.79 billion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 3.46 and a beta of 1.22. 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 Co. has a one year low of $112.78 and a one year high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 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 during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the business earned $1.41 earnings per share. The firm's revenue was up 6.4% compared to the same quarter last year. On average, analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Thursday, April 10th. This is an increase from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is currently 46.95%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ORCL shares. Stephens assumed coverage on shares of Oracle in a report on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 target price on the stock. Morgan Stanley decreased their target price on Oracle from $170.00 to $160.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Barclays dropped their target price on Oracle from $212.00 to $202.00 and set an "overweight" rating on the stock in a report on Tuesday, March 11th. Bank of America decreased their price target on Oracle from $195.00 to $175.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Finally, Westpark Capital initiated coverage on shares of Oracle in a research note on Tuesday, April 1st. They set a "buy" rating and a $195.00 price objective on the stock. Fourteen analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

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.