Oracle Co. (NYSE:ORCL) Stock Holdings Raised by F M Investments LLC

F M Investments LLC boosted its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 50.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,458 shares of the enterprise software provider's stock after buying an additional 12,589 shares during the period. F M Investments LLC's holdings in Oracle were worth $6,242,000 at the end of the most recent quarter.

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

Oracle Stock Up 1.0 %

NYSE:ORCL traded up $1.26 during mid-day trading on Monday, reaching $133.61. The company's stock had a trading volume of 2,902,694 shares, compared to its average volume of 9,256,202. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a fifty day moving average of $155.25 and a 200-day moving average of $167.63. Oracle Co. has a 1 year low of $112.78 and a 1 year high of $198.31. The firm has a market capitalization of $373.70 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22.

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

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.50%. This is an increase from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio is presently 46.95%.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction on Wednesday, January 22nd. The stock was 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 owns 1,118,592 shares of the company's stock, valued at $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the completion of the sale, the director now directly owns 34,630 shares in the company, valued at $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. Insiders have sold a total of 2,448,328 shares of company stock worth $453,791,001 over the last ninety days. 42.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ORCL shares. Barclays lowered their target price on Oracle from $212.00 to $202.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 11th. Piper Sandler dropped their price target on Oracle from $210.00 to $190.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. BMO Capital Markets reduced their target price on shares of Oracle from $205.00 to $175.00 and set a "market perform" rating on the stock in a report on Tuesday, March 11th. 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 note on Tuesday, March 11th. Finally, Stifel Nicolaus decreased their price objective on Oracle from $175.00 to $150.00 and set a "hold" rating on the stock in a report on Tuesday, March 11th. Thirteen 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 MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $178.65.

Oracle Company 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.