Oracle Co. (NYSE:ORCL) Stock Holdings Increased by Accurate Wealth Management LLC

Accurate Wealth Management LLC boosted its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 55.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,629 shares of the enterprise software provider's stock after purchasing an additional 3,783 shares during the quarter. Accurate Wealth Management LLC's holdings in Oracle were worth $1,643,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Safeguard Financial LLC grew its position in shares of Oracle by 9.0% during the 4th quarter. Safeguard Financial LLC now owns 2,500 shares of the enterprise software provider's stock valued at $417,000 after buying an additional 207 shares during the last quarter. Affinity Capital Advisors LLC boosted its stake in Oracle by 3.6% in the fourth quarter. Affinity Capital Advisors LLC now owns 1,903 shares of the enterprise software provider's stock valued at $308,000 after acquiring an additional 67 shares during the period. Wallace Advisory Group LLC bought a new position in shares of Oracle during the fourth quarter valued at approximately $1,094,000. Wright Investors Service Inc. raised its position in shares of Oracle by 6.6% during the 4th quarter. Wright Investors Service Inc. now owns 30,082 shares of the enterprise software provider's stock worth $5,013,000 after purchasing an additional 1,866 shares during the period. Finally, Tealwood Asset Management Inc. bought a new stake in shares of Oracle in the 4th quarter worth approximately $275,000. Institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Evercore ISI upped their price objective on Oracle from $190.00 to $200.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 10th. Stifel Nicolaus upped their price target on shares of Oracle from $155.00 to $175.00 and gave the stock a "hold" rating in a research report on Tuesday, December 10th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $165.00 price objective on shares of Oracle in a research report on Thursday, December 5th. KeyCorp upped their target price on shares of Oracle from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Friday, November 15th. Finally, Guggenheim lifted their price target on Oracle from $200.00 to $220.00 and gave the company a "buy" rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus price target of $181.48.

Oracle Price Performance

NYSE ORCL opened at $156.34 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 5.65. Oracle Co. has a 1 year low of $105.42 and a 1 year high of $198.31. The company has a market cap of $437.28 billion, a PE ratio of 38.22, a PEG ratio of 3.39 and a beta of 1.06. The stock's 50-day moving average price is $176.99 and its two-hundred day moving average price is $161.24.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the firm earned $1.34 EPS. The firm's revenue was up 8.6% compared to the same quarter last year. On average, analysts predict that Oracle Co. will post 5.03 EPS for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.02%. Oracle's dividend payout ratio (DPR) is presently 39.12%.

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.