Landscape Capital Management L.L.C. Has $4.23 Million Holdings in Oracle Co. (NYSE:ORCL)

Landscape Capital Management L.L.C. boosted its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 89.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,401 shares of the enterprise software provider's stock after purchasing an additional 11,971 shares during the period. Landscape Capital Management L.L.C.'s holdings in Oracle were worth $4,233,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Howard Capital Management Group LLC increased its holdings in Oracle by 12.4% in the third quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider's stock worth $1,366,000 after buying an additional 883 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Oracle by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider's stock worth $411,748,000 after purchasing an additional 121,874 shares during the last quarter. United Bank raised its holdings in shares of Oracle by 4.8% during the 3rd quarter. United Bank now owns 11,430 shares of the enterprise software provider's stock valued at $1,948,000 after purchasing an additional 519 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of Oracle in the 3rd quarter valued at $2,590,000. Finally, Royal London Asset Management Ltd. boosted its holdings in Oracle by 4.8% in the third quarter. Royal London Asset Management Ltd. now owns 689,476 shares of the enterprise software provider's stock worth $117,487,000 after purchasing an additional 31,890 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

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Oracle Price Performance

NYSE ORCL traded down $9.06 during trading on Friday, reaching $128.17. 14,968,758 shares of the company traded hands, compared to its average volume of 9,095,138. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31. The company has a market cap of $358.48 billion, a price-to-earnings ratio of 31.34, a P/E/G ratio of 3.46 and a beta of 1.22. The stock's 50 day moving average price is $160.05 and its two-hundred day moving average price is $169.33. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period in the prior year, the firm earned $1.41 EPS. Oracle's quarterly revenue was up 6.4% compared to the same quarter last year. As a group, analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The company 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 dividend of $0.50 per share. The ex-dividend date is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.56%. This is a boost from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio (DPR) is 46.95%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ORCL shares. JPMorgan Chase & Co. cut their target price on Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Westpark Capital initiated coverage on Oracle in a research note on Tuesday. They issued a "buy" rating and a $195.00 price objective on the stock. Bank of America decreased their target price on Oracle from $195.00 to $175.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Morgan Stanley dropped their price target on shares of Oracle from $175.00 to $170.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 11th. Finally, Royal Bank of Canada set a $145.00 price objective on shares of Oracle and gave the stock a "sector perform" rating in a report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.65.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the firm's stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the sale, the chief executive officer now directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 42.20% of the stock is currently owned by insiders.

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.