Natural Investments LLC Acquires Shares of 5,268 Oracle Co. (NYSE:ORCL)

Natural Investments LLC acquired a new stake in shares of Oracle Co. (NYSE:ORCL - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,268 shares of the enterprise software provider's stock, valued at approximately $877,000.

A number of other large investors have also recently added to or reduced their stakes in ORCL. R Squared Ltd acquired a new stake in shares of Oracle in the 4th quarter worth about $25,000. Winch Advisory Services LLC grew its stake in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after purchasing an additional 87 shares during the last quarter. Synergy Investment Management LLC acquired a new position in shares of Oracle in the 4th quarter worth approximately $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 purchasing an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new position in shares of Oracle in the fourth quarter worth about $47,000. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating for the company in a report on Tuesday. Stifel Nicolaus reduced their price target on shares of Oracle from $175.00 to $150.00 and set a "hold" rating on the stock in a research report on Tuesday. Barclays dropped their price objective on Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a report on Tuesday. KeyCorp reaffirmed an "overweight" rating and issued a $200.00 price target on shares of Oracle in a research note on Tuesday. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $165.00 price target on shares of Oracle in a research note on Thursday, December 5th. Twelve investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $178.92.

Remove Ads

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle 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 transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.20% of the stock is owned by company insiders.

Oracle Price Performance

Shares of ORCL stock opened at $144.29 on Wednesday. The firm has a market cap of $403.58 billion, a P/E ratio of 35.28, a P/E/G ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The business's 50 day moving average price is $166.82 and its 200-day moving average price is $169.62. Oracle Co. has a fifty-two week low of $112.78 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results 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). The firm had revenue of $14.13 billion during the quarter, compared to analysts' expectations of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.41 EPS. On average, equities research analysts anticipate that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.50 per share. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.39%. Oracle's payout ratio is presently 39.12%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.