Oracle Co. (NYSE:ORCL) Shares Acquired by Capital International Sarl

Capital International Sarl raised its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 34.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,687 shares of the enterprise software provider's stock after acquiring an additional 1,968 shares during the quarter. Capital International Sarl's holdings in Oracle were worth $1,281,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Fairfield Bush & CO. grew its position in shares of Oracle by 4.5% during the 4th quarter. Fairfield Bush & CO. now owns 46,042 shares of the enterprise software provider's stock worth $7,672,000 after buying an additional 1,991 shares in the last quarter. Tobias Financial Advisors Inc. grew its position in shares of Oracle by 11.7% during the 4th quarter. Tobias Financial Advisors Inc. now owns 1,648 shares of the enterprise software provider's stock worth $275,000 after buying an additional 173 shares in the last quarter. GKV Capital Management Co. Inc. bought a new position in shares of Oracle during the 4th quarter worth $4,142,000. First Commonwealth Financial Corp PA grew its position in shares of Oracle by 34.6% during the 4th quarter. First Commonwealth Financial Corp PA now owns 11,211 shares of the enterprise software provider's stock worth $1,868,000 after buying an additional 2,881 shares in the last quarter. Finally, Altshuler Shaham Ltd grew its position in shares of Oracle by 155.5% during the 4th quarter. Altshuler Shaham Ltd now owns 1,874,330 shares of the enterprise software provider's stock worth $312,338,000 after buying an additional 1,140,600 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Royal Bank of Canada set a $145.00 price target on Oracle and gave the stock a "sector perform" rating in a research report on Tuesday, March 11th. Citigroup dropped their price objective on Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Cantor Fitzgerald dropped their price objective on Oracle from $214.00 to $175.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 11th. KeyCorp reaffirmed an "overweight" rating and set a $200.00 price objective on shares of Oracle in a research report on Tuesday, March 11th. Finally, UBS Group reaffirmed a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $174.42.

Oracle Stock Performance

Shares of NYSE:ORCL traded up $6.10 during trading on Wednesday, hitting $133.34. The stock had a trading volume of 4,541,900 shares, compared to its average volume of 11,862,110. The stock has a 50-day simple moving average of $148.93 and a two-hundred day simple moving average of $165.72. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a market capitalization of $372.95 billion, a price-to-earnings ratio of 32.60, a price-to-earnings-growth ratio of 3.46 and a beta of 1.22. Oracle Co. has a 12-month low of $112.78 and a 12-month high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share 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 analysts' expectations of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.41 earnings per share. On average, equities research analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business also recently declared 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. This is a boost from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.50%. The ex-dividend date is Thursday, April 10th. Oracle's dividend payout ratio (DPR) is currently 46.95%.

Insider Activity at Oracle

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of the stock in a transaction on Friday, April 11th. The shares were sold at an average price of $129.77, for a total transaction of $648,850.00. Following the transaction, the director now directly owns 58,090 shares of the company's stock, valued at $7,538,339.30. This trade represents a 7.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Safra Catz sold 345,174 shares of the stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 352,174 shares of company stock worth $64,990,957. 42.20% of the stock is owned by corporate insiders.

About Oracle

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.