Schroder Investment Management Group Has $404.05 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

Schroder Investment Management Group lifted its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 36.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,424,680 shares of the enterprise software provider's stock after purchasing an additional 648,441 shares during the period. Schroder Investment Management Group owned about 0.09% of Oracle worth $404,049,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. R Squared Ltd purchased a new position in Oracle in the 4th quarter worth about $25,000. Winch Advisory Services LLC raised its holdings in shares of Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after acquiring an additional 87 shares during the period. Synergy Investment Management LLC purchased a new stake in shares of Oracle in the 4th quarter valued at approximately $34,000. TFC Financial Management Inc. boosted its stake in 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 period. Finally, Synergy Asset Management LLC purchased a new position in Oracle during the 4th quarter worth approximately $47,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Price Performance

Oracle stock traded down $0.80 during mid-day trading on Monday, hitting $140.07. 15,507,040 shares of the company were exchanged, compared to its average volume of 8,989,459. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31. 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 business has a fifty day moving average of $163.94 and a 200 day moving average of $170.31. The company has a market capitalization of $391.77 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07.

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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 (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.02). The firm had revenue of $14.13 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business earned $1.41 earnings per share. As a group, sell-side analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The firm 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. The ex-dividend date is Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a yield of 1.43%. Oracle's dividend payout ratio is 46.95%.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the firm's stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 42.20% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of several recent analyst reports. DA Davidson reaffirmed a "neutral" rating and issued a $150.00 target price on shares of Oracle in a research report on Tuesday, March 11th. UBS Group reaffirmed a "market perform" rating on shares of Oracle in a research note on Tuesday, March 11th. Piper Sandler reduced their price target on shares of Oracle from $210.00 to $190.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Monness Crespi & Hardt upgraded shares of Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. Finally, StockNews.com cut Oracle from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Thirteen 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 data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $178.00.

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.