Coppell Advisory Solutions LLC Sells 118,926 Shares of Oracle Co. (NYSE:ORCL)

Coppell Advisory Solutions LLC cut its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 95.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,287 shares of the enterprise software provider's stock after selling 118,926 shares during the quarter. Coppell Advisory Solutions LLC's holdings in Oracle were worth $1,047,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. MGO One Seven LLC lifted its stake in shares of Oracle by 2.7% in the 4th quarter. MGO One Seven LLC now owns 75,326 shares of the enterprise software provider's stock valued at $12,552,000 after acquiring an additional 2,000 shares during the last quarter. Alta Advisers Ltd raised its holdings in Oracle by 20.9% during the 4th quarter. Alta Advisers Ltd now owns 5,318 shares of the enterprise software provider's stock valued at $886,000 after buying an additional 918 shares during the last quarter. Dilation Capital Management LP purchased a new stake in Oracle during the 4th quarter valued at $1,933,000. Fayez Sarofim & Co grew its holdings in Oracle by 2.8% in the 4th quarter. Fayez Sarofim & Co now owns 110,923 shares of the enterprise software provider's stock worth $18,484,000 after acquiring an additional 3,043 shares during the last quarter. Finally, J. Safra Sarasin Holding AG increased its position in shares of Oracle by 179.4% in the fourth quarter. J. Safra Sarasin Holding AG now owns 23,956 shares of the enterprise software provider's stock valued at $3,992,000 after acquiring an additional 15,381 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ORCL shares. KeyCorp reiterated an "overweight" rating and issued a $200.00 price objective on shares of Oracle in a report on Tuesday, March 11th. Barclays cut their price target on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating on the stock in a report on Tuesday, March 11th. Evercore ISI decreased their price target on shares of Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Citigroup lowered their target price on Oracle from $194.00 to $160.00 and set a "neutral" rating for the company in a research note on Wednesday, March 12th. Finally, StockNews.com cut Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Fourteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $174.42.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Leon E. Panetta sold 5,000 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $129.77, for a total transaction of $648,850.00. Following the transaction, the director now owns 58,090 shares in the company, valued at approximately $7,538,339.30. This represents a 7.93 % decrease in their ownership of the stock. 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 three months. 42.20% of the stock is owned by company insiders.

Oracle Stock Performance

NYSE ORCL opened at $131.43 on Thursday. Oracle Co. has a twelve month low of $112.78 and a twelve month high of $198.31. 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 firm has a market cap of $367.60 billion, a price-to-earnings ratio of 32.13, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22. The business has a 50-day moving average price of $148.08 and a 200-day moving average price of $165.49.

Oracle (NYSE:ORCL - Get Free Report) last issued its 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). The firm had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $1.41 earnings per share. As a group, equities research analysts predict that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.52%. This is an increase from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is currently 46.95%.

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.

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