Dnca Finance Purchases Shares of 102,211 Oracle Co. (NYSE:ORCL)

Dnca Finance bought a new stake in Oracle Co. (NYSE:ORCL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 102,211 shares of the enterprise software provider's stock, valued at approximately $17,032,000. Oracle comprises 1.3% of Dnca Finance's portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of ORCL. Principal Financial Group Inc. raised its holdings in Oracle by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider's stock valued at $411,748,000 after acquiring an additional 121,874 shares in the last quarter. McClarren Financial Advisors Inc. raised its position in shares of Oracle by 201.7% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider's stock valued at $266,000 after buying an additional 1,069 shares in the last quarter. RMR Wealth Builders lifted its holdings in shares of Oracle by 383.4% during the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider's stock worth $1,192,000 after acquiring an additional 5,675 shares during the period. Foundations Investment Advisors LLC increased its stake in Oracle by 24.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider's stock valued at $27,428,000 after acquiring an additional 32,718 shares during the last quarter. Finally, Crews Bank & Trust acquired a new position in Oracle during the fourth quarter valued at approximately $1,800,000. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other news, Director Leon E. Panetta sold 5,000 shares of the company's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $129.77, for a total transaction of $648,850.00. Following the completion of the transaction, the director now directly owns 58,090 shares of the company's stock, valued at approximately $7,538,339.30. This represents a 7.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Safra Catz sold 345,174 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % 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 in the last quarter. 42.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ORCL shares. Monness Crespi & Hardt upgraded Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. Barclays dropped their price objective on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. KeyCorp reiterated an "overweight" rating and set a $200.00 price target on shares of Oracle in a report on Tuesday, March 11th. Guggenheim reissued a "buy" rating and set a $220.00 price objective on shares of Oracle in a report on Thursday, April 3rd. Finally, Citigroup dropped their target price on Oracle from $194.00 to $160.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. Fourteen analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $174.42.

Oracle Stock Performance

NYSE:ORCL traded up $5.27 during trading on Wednesday, reaching $132.51. The company's stock had a trading volume of 5,849,995 shares, compared to its average volume of 9,339,052. The firm has a market cap of $370.62 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22. Oracle Co. has a 12 month low of $112.78 and a 12 month high of $198.31. 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 50 day moving average of $148.93 and a 200-day moving average of $165.72.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. During the same period in the prior year, the company earned $1.41 EPS. The firm's quarterly revenue was up 6.4% on a year-over-year basis. Research analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a dividend yield of 1.51%. Oracle's payout ratio is 46.95%.

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.