Oracle Co. (NYSE:ORCL) Stock Position Raised by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. boosted its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 128.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,525 shares of the enterprise software provider's stock after buying an additional 20,527 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Oracle were worth $6,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. R Squared Ltd purchased a new position in Oracle during the 4th quarter valued at about $25,000. Winch Advisory Services LLC increased its stake in shares of Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after purchasing an additional 87 shares in the last quarter. Synergy Investment Management LLC acquired a new position in shares of Oracle during the 4th quarter worth approximately $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 acquired a new stake in Oracle during the 4th quarter valued at $47,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of Oracle stock traded up $4.02 on Wednesday, reaching $145.96. 11,539,620 shares of the company were exchanged, compared to its average volume of 9,021,101. The firm has a market cap of $408.24 billion, a price-to-earnings ratio of 35.69, a P/E/G ratio of 3.46 and a beta of 1.07. The company's 50-day moving average is $162.91 and its two-hundred day moving average is $170.02. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31.

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Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly 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). 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 analyst estimates of $14.40 billion. During the same period last year, the firm posted $1.41 EPS. The business's revenue was up 6.4% compared to the same quarter last year. As a group, research analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The firm 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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.37%. 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 dividend payout ratio is 46.95%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ORCL shares. Guggenheim restated a "buy" rating and issued a $220.00 price objective on shares of Oracle in a research report on Wednesday, March 5th. Morgan Stanley reduced their target price on shares of Oracle from $175.00 to $170.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 11th. Citigroup lowered their price target on shares of Oracle from $194.00 to $160.00 and set a "neutral" rating for the company in a report on Wednesday, March 12th. Stifel Nicolaus reduced their price objective on shares of Oracle from $175.00 to $150.00 and set a "hold" rating on the stock in a research note on Tuesday, March 11th. Finally, Evercore ISI lowered their target price 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. Thirteen investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $178.65.

Insider Activity at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company's stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares of the company's stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 42.20% of the stock is owned by insiders.

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.