Decker Retirement Planning Inc. Takes $484,000 Position in Oracle Co. (NYSE:ORCL)

Decker Retirement Planning Inc. bought a new position in shares of Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,902 shares of the enterprise software provider's stock, valued at approximately $484,000.

A number of other institutional investors have also recently added to or reduced their stakes in ORCL. Activest Wealth Management boosted its holdings in Oracle by 21.9% in the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider's stock worth $53,000 after acquiring an additional 56 shares in the last quarter. Second Line Capital LLC raised its position in shares of Oracle by 1.5% in the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider's stock worth $650,000 after purchasing an additional 58 shares during the last quarter. Cadence Bank boosted its stake in Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider's stock worth $1,296,000 after purchasing an additional 59 shares in the last quarter. Eagle Rock Investment Company LLC grew its position in Oracle by 0.4% during the 3rd quarter. Eagle Rock Investment Company LLC now owns 17,626 shares of the enterprise software provider's stock valued at $3,003,000 after purchasing an additional 64 shares during the last quarter. Finally, W Advisors LLC increased its stake in Oracle by 3.1% during the 3rd quarter. W Advisors LLC now owns 2,158 shares of the enterprise software provider's stock valued at $368,000 after purchasing an additional 64 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Price Performance

ORCL traded up $1.53 on Friday, hitting $161.07. 7,255,524 shares of the company's stock traded hands, compared to its average volume of 8,197,832. Oracle Co. has a one year low of $106.51 and a one year high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market cap of $450.51 billion, a price-to-earnings ratio of 39.38, a P/E/G ratio of 3.03 and a beta of 1.06. The company's 50 day simple moving average is $176.53 and its 200-day simple moving average is $161.22.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to analysts' expectations of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. Oracle's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.34 EPS. As a group, research analysts anticipate that Oracle Co. will post 5.01 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Friday, January 10th. Oracle's payout ratio is presently 39.12%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Oracle from $173.00 to $205.00 and gave the stock a "market perform" rating in a research note on Tuesday, December 10th. BNP Paribas raised Oracle to a "strong-buy" rating in a report on Tuesday, December 10th. StockNews.com raised Oracle from a "hold" rating to a "buy" rating in a research report on Thursday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $165.00 price target on shares of Oracle in a report on Thursday, December 5th. Finally, Jefferies Financial Group boosted their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $182.73.

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.