CreativeOne Wealth LLC Has $3.67 Million Stake in Oracle Co. (NYSE:ORCL)

CreativeOne Wealth LLC raised its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 36.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,040 shares of the enterprise software provider's stock after acquiring an additional 5,836 shares during the quarter. CreativeOne Wealth LLC's holdings in Oracle were worth $3,673,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. R Squared Ltd acquired a new position in Oracle in the 4th quarter valued at approximately $25,000. Winch Advisory Services LLC increased its stake in shares of Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after acquiring an additional 87 shares during the last quarter. Hurley Capital LLC purchased a new stake in shares of Oracle during the 4th quarter worth about $33,000. Synergy Investment Management LLC bought a new position in Oracle during the fourth quarter valued at approximately $34,000. Finally, TFC Financial Management Inc. lifted its stake in Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction 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 sale, the director now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the transaction, the director now owns 34,630 shares of the company's stock, valued at approximately $5,049,400.30. This represents a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,453,328 shares of company stock worth $454,439,851. Corporate insiders own 42.20% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Monness Crespi & Hardt raised Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. Royal Bank of Canada set a $145.00 price target on shares of Oracle and gave the stock a "sector perform" rating in a research report on Tuesday, March 11th. Evercore ISI reduced their target price on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price objective on Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Finally, Mizuho lowered their target price on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday. Thirteen investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $177.12.

Oracle Trading Down 0.6 %

Shares of NYSE:ORCL traded down $0.81 during mid-day trading on Tuesday, reaching $133.83. The stock had a trading volume of 8,619,117 shares, compared to its average volume of 9,290,222. The firm has a market cap of $374.33 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22. The firm has a 50 day simple moving average of $153.73 and a two-hundred day simple moving average of $167.15. 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 twelve month low of $112.78 and a twelve month high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share 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 the consensus estimate of $14.40 billion. During the same quarter last year, the firm earned $1.41 EPS. The company's revenue for the quarter was up 6.4% on a year-over-year basis. On average, research analysts predict that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, April 10th. This is an increase from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.49%. Oracle's dividend payout ratio (DPR) is presently 46.95%.

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.