DecisionMap Wealth Management LLC Invests $757,000 in Oracle Co. (NYSE:ORCL)

DecisionMap Wealth Management LLC bought a new position in shares of Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,540 shares of the enterprise software provider's stock, valued at approximately $757,000.

Other hedge funds have also modified their holdings of the company. R Squared Ltd purchased a new position in Oracle in the 4th quarter valued at about $25,000. Winch Advisory Services LLC lifted its stake in Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after buying an additional 87 shares in the last quarter. Synergy Investment Management LLC purchased a new position in Oracle in the 4th quarter valued at about $34,000. TFC Financial Management Inc. lifted its stake in Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after buying an additional 120 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new position in Oracle in the 4th quarter valued at about $47,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. BMO Capital Markets decreased their price target on shares of Oracle from $205.00 to $175.00 and set a "market perform" rating on the stock in a research note on Tuesday. DA Davidson reiterated a "neutral" rating and issued a $150.00 price objective on shares of Oracle in a report on Tuesday. JMP Securities reiterated a "market outperform" rating and issued a $205.00 price objective on shares of Oracle in a report on Wednesday, January 22nd. Royal Bank of Canada set a $145.00 price objective on shares of Oracle and gave the company a "sector perform" rating in a report on Tuesday. Finally, Bank of America cut their price objective on shares of Oracle from $195.00 to $175.00 and set a "neutral" rating for the company in a report on Tuesday. Thirteen investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $176.85.

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Insider Transactions at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the business's stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 42.20% of the company's stock.

Oracle Trading Up 4.8 %

NYSE ORCL opened at $151.17 on Thursday. 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 firm has a market cap of $422.81 billion, a PE ratio of 36.96, a P/E/G ratio of 3.46 and a beta of 1.07. Oracle Co. has a one year low of $112.78 and a one year high of $198.31. The firm's fifty day moving average is $166.51 and its two-hundred day moving average is $169.49.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). The business had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.41 earnings per share. Analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.32%. This is a positive change from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. Oracle's payout ratio is 39.12%.

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.

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