Financial Engines Advisors L.L.C. Acquires 1,904 Shares of Oracle Co. (NYSE:ORCL)

Financial Engines Advisors L.L.C. increased its position in Oracle Co. (NYSE:ORCL - Free Report) by 32.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,849 shares of the enterprise software provider's stock after purchasing an additional 1,904 shares during the period. Financial Engines Advisors L.L.C.'s holdings in Oracle were worth $1,308,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. R Squared Ltd purchased a new position in shares of Oracle during the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC lifted its stake in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after acquiring an additional 87 shares in the last quarter. Synergy Investment Management LLC purchased a new position in Oracle during the 4th quarter worth $34,000. TFC Financial Management Inc. grew its stake in shares of Oracle by 129.0% in 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 in the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in shares of Oracle in the fourth quarter valued at about $47,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Performance

Shares of ORCL traded down $5.03 on Friday, reaching $140.75. The company's stock had a trading volume of 13,138,087 shares, compared to its average volume of 8,963,386. Oracle Co. has a 12-month low of $112.78 and a 12-month high of $198.31. The stock has a market capitalization of $393.67 billion, a P/E ratio of 34.41, a PEG ratio of 3.46 and a beta of 1.07. 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 stock's 50 day simple moving average is $163.94 and its two-hundred day simple moving average is $170.22.

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

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.42%. This is an increase 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 (DPR) is presently 46.95%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ORCL. Mizuho upped their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Stephens assumed coverage on Oracle in a report on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 target price for the company. KeyCorp reiterated an "overweight" rating and set a $200.00 price target on shares of Oracle in a report on Tuesday, March 11th. BMO Capital Markets reduced their price objective on Oracle from $205.00 to $175.00 and set a "market perform" rating for the company in a research note on Tuesday, March 11th. Finally, Jefferies Financial Group lifted their target price on Oracle from $190.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Thirteen equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $179.20.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the business's stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 42.20% of the stock is owned by corporate insiders.

About Oracle

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.