24,855 Shares in Oracle Co. (NYSE:ORCL) Purchased by GKV Capital Management Co. Inc.

GKV Capital Management Co. Inc. acquired a new position in shares of Oracle Co. (NYSE:ORCL - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 24,855 shares of the enterprise software provider's stock, valued at approximately $4,142,000. Oracle comprises approximately 1.7% of GKV Capital Management Co. Inc.'s investment portfolio, making the stock its 18th largest position.

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

Oracle Stock Performance

Oracle stock traded down $1.20 during mid-day trading on Friday, reaching $128.56. The company's stock had a trading volume of 8,919,409 shares, compared to its average volume of 9,320,254. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The business has a 50 day moving average price of $150.85 and a 200-day moving average price of $166.34. Oracle Co. has a twelve month low of $112.78 and a twelve month high of $198.31. The firm has a market cap of $359.58 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 3.46 and a beta of 1.22.

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 analysts' consensus estimates of $1.49 by ($0.02). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the previous year, the company earned $1.41 earnings per share. Oracle's quarterly revenue was up 6.4% compared to the same quarter last year. Sell-side analysts predict that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be given a $0.50 dividend. This is a boost from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.56%. The ex-dividend date is Thursday, April 10th. Oracle's dividend payout ratio (DPR) is currently 46.95%.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent research reports. StockNews.com lowered shares of Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Stifel Nicolaus decreased their price objective on Oracle from $175.00 to $150.00 and set a "hold" rating for the company in a research report on Tuesday, March 11th. JMP Securities reissued a "market outperform" rating and issued a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. 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 report on Tuesday, March 11th. Finally, Mizuho dropped their price target on Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday. Thirteen investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average price target of $176.73.

Insider Buying and Selling

In related news, Director Leon E. Panetta sold 5,000 shares of the firm's stock in a transaction that occurred on 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 sale, the director now directly owns 58,090 shares in the company, valued at approximately $7,538,339.30. This trade represents a 7.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction 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 sale, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at $207,331,027.20. This trade represents a 65.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,453,328 shares of company stock valued at $454,439,851 over the last 90 days. 42.20% of the stock is currently owned by company 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.