O Shaughnessy Asset Management LLC Acquires 10,015 Shares of Oracle Co. (NYSE:ORCL)

O Shaughnessy Asset Management LLC boosted its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 282,892 shares of the enterprise software provider's stock after acquiring an additional 10,015 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Oracle were worth $47,141,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ORCL. United Bank raised its position in shares of Oracle by 15.8% during the 4th quarter. United Bank now owns 13,235 shares of the enterprise software provider's stock worth $2,205,000 after buying an additional 1,805 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in Oracle by 17.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 1,946 shares of the enterprise software provider's stock worth $324,000 after purchasing an additional 283 shares in the last quarter. Life Planning Partners Inc acquired a new stake in Oracle in the fourth quarter worth approximately $13,884,000. Stage Harbor Financial LLC boosted its stake in Oracle by 5.0% during the 4th quarter. Stage Harbor Financial LLC now owns 1,433 shares of the enterprise software provider's stock valued at $239,000 after purchasing an additional 68 shares in the last quarter. Finally, Schroder Investment Management Group increased its position in shares of Oracle by 36.5% during the 4th quarter. Schroder Investment Management Group now owns 2,424,680 shares of the enterprise software provider's stock valued at $404,049,000 after purchasing an additional 648,441 shares during the period. Institutional investors own 42.44% of the company's stock.

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Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,331,027.20. This trade represents a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 42.20% of the company's stock.

Oracle Stock Up 3.0 %

Shares of NYSE ORCL traded up $4.28 during trading hours on Wednesday, hitting $146.22. The stock had a trading volume of 7,027,435 shares, compared to its average volume of 11,836,177. The firm's 50-day moving average price is $162.91 and its two-hundred day moving average price is $170.02. Oracle Co. has a 52 week low of $112.78 and a 52 week high of $198.31. The company has a market capitalization of $408.97 billion, a P/E ratio of 35.75, 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.

Oracle (NYSE:ORCL - Get Free Report) last posted 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). The business had revenue of $14.13 billion during 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 period in the prior year, the firm earned $1.41 earnings per share. Analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The business 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 is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.37%. The ex-dividend date is Thursday, April 10th. Oracle's dividend payout ratio (DPR) is 46.95%.

Analyst Upgrades and Downgrades

ORCL has been the subject of several research reports. Stephens assumed coverage on Oracle in a research note on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 target price for the company. Monness Crespi & Hardt raised shares of Oracle from a "sell" rating to a "neutral" rating in a research note on Monday, March 3rd. Westpark Capital initiated coverage on shares of Oracle in a research note on Tuesday. They set a "buy" rating and a $195.00 target price for the company. Royal Bank of Canada set a $145.00 price target on shares of Oracle and gave the stock a "sector perform" rating in a research report on Tuesday, March 11th. Finally, KeyCorp reiterated an "overweight" rating and set a $200.00 price objective on shares of Oracle in a research report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $178.65.

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.