Level Four Advisory Services LLC Has $2.74 Million Stake in Oracle Co. (NYSE:ORCL)

Level Four Advisory Services LLC decreased its position in Oracle Co. (NYSE:ORCL - Free Report) by 10.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,462 shares of the enterprise software provider's stock after selling 1,865 shares during the quarter. Level Four Advisory Services LLC's holdings in Oracle were worth $2,743,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Oracle during the fourth quarter worth $25,000. Winch Advisory Services LLC increased its position in Oracle by 89.7% in 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 bought a new position in shares of Oracle in the fourth quarter worth about $34,000. TFC Financial Management Inc. lifted its position in shares of Oracle by 129.0% during the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock worth $35,000 after purchasing an additional 120 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of Oracle in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Down 0.8 %

ORCL stock traded down $1.17 during midday trading on Monday, hitting $139.70. The company's stock had a trading volume of 8,273,743 shares, compared to its average volume of 8,962,945. The company's fifty day moving average price is $163.94 and its 200 day moving average price is $170.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a twelve month low of $112.78 and a twelve month high of $198.31. The stock has a market capitalization of $390.74 billion, a P/E ratio of 34.05, a PEG ratio of 3.46 and a beta of 1.07.

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Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.02). The company had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business's revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.41 EPS. As a group, equities research analysts predict 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 issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.43%. 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 payout ratio is presently 46.95%.

Analyst Upgrades and Downgrades

ORCL has been the topic of a number of recent research reports. JMP Securities reiterated a "market outperform" rating and issued a $205.00 price objective on shares of Oracle in a research report on Wednesday, January 22nd. KeyCorp reiterated an "overweight" rating and issued a $200.00 price objective on shares of Oracle in a research report on Tuesday, March 11th. BNP Paribas upgraded shares of Oracle to a "strong-buy" rating in a research report on Tuesday, December 10th. Evercore ISI lowered their price target on shares of Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Finally, Stephens began coverage on shares of Oracle in a report on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 price objective on the stock. Thirteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Oracle currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.00.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares of the company's stock, valued at $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 42.20% of the company's stock.

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.