Fermata Advisors LLC Raises Stake in Oracle Co. (NYSE:ORCL)

Fermata Advisors LLC boosted its position in Oracle Co. (NYSE:ORCL - Free Report) by 98.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,934 shares of the enterprise software provider's stock after purchasing an additional 2,943 shares during the period. Fermata Advisors LLC's holdings in Oracle were worth $989,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Beech Hill Advisors Inc. grew its position in shares of Oracle by 2.1% during the 4th quarter. Beech Hill Advisors Inc. now owns 30,844 shares of the enterprise software provider's stock valued at $5,140,000 after acquiring an additional 640 shares during the period. Mirador Capital Partners LP lifted its position in Oracle by 11.8% during the fourth quarter. Mirador Capital Partners LP now owns 6,274 shares of the enterprise software provider's stock valued at $1,045,000 after purchasing an additional 664 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Oracle by 25.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,311 shares of the enterprise software provider's stock valued at $1,552,000 after purchasing an additional 1,884 shares during the period. SignalPoint Asset Management LLC increased its position in Oracle by 2.0% in the fourth quarter. SignalPoint Asset Management LLC now owns 5,987 shares of the enterprise software provider's stock worth $998,000 after buying an additional 120 shares in the last quarter. Finally, StrongBox Wealth LLC bought a new position in shares of Oracle in the fourth quarter worth about $247,000. 42.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the subject of a number of recent research reports. Piper Sandler boosted their price objective on Oracle from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Tuesday, December 10th. Jefferies Financial Group upped their price target on shares of Oracle from $190.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. DA Davidson raised their price objective on shares of Oracle from $140.00 to $150.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. Guggenheim upped their target price on shares of Oracle from $200.00 to $220.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Finally, UBS Group increased their price target on Oracle from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $182.73.

Oracle Trading Up 0.9 %

Shares of NYSE:ORCL traded up $1.51 during trading on Friday, hitting $161.05. The company had a trading volume of 11,593,649 shares, compared to its average volume of 8,612,270. The stock has a market cap of $450.44 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company has a fifty day simple moving average of $176.00 and a two-hundred day simple moving average of $161.21. Oracle Co. has a one year low of $106.51 and a one year high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm had revenue of $14.06 billion for the quarter, compared to analysts' expectations of $14.12 billion. During the same period in the previous year, the firm earned $1.34 earnings per share. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities analysts forecast that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.99%. 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.