New Age Alpha Advisors LLC Buys 27,818 Shares of Oracle Co. (NYSE:ORCL)

New Age Alpha Advisors LLC increased its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 278.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,818 shares of the enterprise software provider's stock after acquiring an additional 27,818 shares during the period. New Age Alpha Advisors LLC's holdings in Oracle were worth $6,302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. R Squared Ltd bought a new position in shares of Oracle during the fourth quarter valued at $25,000. Winch Advisory Services LLC lifted its holdings in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after purchasing an additional 87 shares during the last quarter. Synergy Investment Management LLC acquired a new position in Oracle in the fourth quarter valued at about $34,000. TFC Financial Management Inc. grew its stake in 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 buying an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new position in shares of Oracle in the fourth quarter valued at approximately $47,000. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the firm's stock in a transaction that occurred 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. This trade represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 42.20% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ORCL shares. Evercore ISI cut their price objective on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Monness Crespi & Hardt raised Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. UBS Group reissued a "market perform" rating on shares of Oracle in a report on Tuesday, March 11th. Morgan Stanley reduced their target price 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, KeyCorp reissued an "overweight" rating and issued a $200.00 price target on shares of Oracle in a report on Tuesday, March 11th. Thirteen 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. According to MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and an average price target of $179.20.

Oracle Trading Down 3.5 %

Shares of Oracle stock traded down $5.03 during trading hours on Friday, hitting $140.75. The company's stock had a trading volume of 13,138,087 shares, compared to its average volume of 8,963,386. Oracle Co. has a 12 month low of $112.78 and a 12 month high of $198.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $393.67 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. The stock has a 50 day moving average of $163.94 and a 200 day moving average of $170.22.

Oracle (NYSE:ORCL - Get Free Report) last announced its 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 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 analyst estimates of $14.40 billion. During the same quarter last year, the business posted $1.41 earnings per share. The business's quarterly revenue was up 6.4% on a year-over-year basis. Analysts predict that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders 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 1.42%. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio is 46.95%.

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.