RMR Wealth Builders Buys 5,675 Shares of Oracle Co. (NYSE:ORCL)

RMR Wealth Builders increased its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 383.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,155 shares of the enterprise software provider's stock after buying an additional 5,675 shares during the quarter. RMR Wealth Builders' holdings in Oracle were worth $1,192,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in Oracle in the second quarter valued at about $27,000. Reston Wealth Management LLC acquired a new stake in Oracle during the third quarter valued at approximately $44,000. Quest Partners LLC bought a new stake in shares of Oracle in the 2nd quarter valued at approximately $40,000. Avondale Wealth Management acquired a new position in shares of Oracle in the 3rd quarter worth approximately $51,000. Finally, Friedenthal Financial bought a new position in shares of Oracle during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Down 5.4 %

ORCL traded down $8.78 during midday trading on Friday, reaching $154.36. 13,585,915 shares of the company were exchanged, compared to its average volume of 7,721,826. The stock has a market capitalization of $431.74 billion, a P/E ratio of 37.74, a PEG ratio of 3.39 and a beta of 1.06. Oracle Co. has a one year low of $103.54 and a one year high of $198.31. The stock's 50-day simple moving average is $177.62 and its 200 day simple moving average is $160.73. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.72 and a current ratio of 0.81.

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

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Friday, January 10th. Oracle's dividend payout ratio is currently 39.12%.

Analyst Ratings Changes

Several research analysts have issued reports on ORCL shares. Morgan Stanley increased their price objective on Oracle from $145.00 to $175.00 and gave the stock an "equal weight" rating in a research note on Tuesday, December 10th. BNP Paribas upgraded shares of Oracle to a "strong-buy" rating in a research report on Tuesday, December 10th. Mizuho lifted their price target on shares of Oracle from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Tuesday, December 10th. Evercore ISI upped their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 10th. Finally, Sanford C. Bernstein lifted their target price on shares of Oracle from $201.00 to $202.00 and gave the company an "outperform" rating in a research note on Monday, September 30th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $181.48.

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.