Oracle Co. (NYSE:ORCL) Shares Acquired by Goldstein Advisors LLC

Goldstein Advisors LLC increased its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 179.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,629 shares of the enterprise software provider's stock after acquiring an additional 2,331 shares during the quarter. Goldstein Advisors LLC's holdings in Oracle were worth $605,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in shares of Oracle by 16,023.4% in the third quarter. International Assets Investment Management LLC now owns 2,065,083 shares of the enterprise software provider's stock worth $351,890,000 after acquiring an additional 2,052,275 shares during the period. Franklin Resources Inc. boosted its holdings in Oracle by 11.6% in the third quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider's stock valued at $3,370,640,000 after purchasing an additional 1,917,416 shares during the last quarter. State Street Corp grew its position in Oracle by 2.7% during the 3rd quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider's stock worth $12,003,241,000 after purchasing an additional 1,847,561 shares during the period. Geode Capital Management LLC raised its stake in shares of Oracle by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider's stock valued at $5,977,015,000 after buying an additional 885,041 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Oracle by 2,899.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 913,700 shares of the enterprise software provider's stock valued at $155,694,000 after buying an additional 883,233 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Trading Up 1.0 %

Shares of Oracle stock traded up $1.86 during mid-day trading on Thursday, hitting $186.08. The stock had a trading volume of 17,283,632 shares, compared to its average volume of 13,592,791. The firm has a 50-day moving average of $174.43 and a two-hundred day moving average of $162.05. The firm has a market cap of $520.44 billion, a P/E ratio of 45.50, a price-to-earnings-growth ratio of 3.39 and a beta of 1.06. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12-month low of $106.51 and a 12-month high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (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 business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the business earned $1.34 EPS. Oracle's revenue was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date was Friday, January 10th. Oracle's dividend payout ratio (DPR) is currently 39.12%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ORCL. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $165.00 target price on shares of Oracle in a report on Thursday, December 5th. BMO Capital Markets raised their price objective on shares of Oracle from $173.00 to $205.00 and gave the stock a "market perform" rating in a research note on Tuesday, December 10th. UBS Group boosted their target price on shares of Oracle from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. DA Davidson raised their price target 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. Finally, Sanford C. Bernstein increased their target price on shares of Oracle from $201.00 to $202.00 and gave the stock an "outperform" rating in a research note on Monday, September 30th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $182.73.

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.