Oracle Co. (NYSE:ORCL) Shares Purchased by Vestor Capital LLC

Vestor Capital LLC increased its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 45.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,227 shares of the enterprise software provider's stock after purchasing an additional 40,676 shares during the quarter. Oracle makes up 1.7% of Vestor Capital LLC's holdings, making the stock its 13th largest position. Vestor Capital LLC's holdings in Oracle were worth $21,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of Oracle during the fourth quarter worth $25,000. Winch Advisory Services LLC increased its position in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after buying an additional 87 shares in the last quarter. Synergy Investment Management LLC acquired a new position in Oracle during the 4th quarter valued at about $34,000. TFC Financial Management Inc. raised its stake in Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after buying an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in Oracle in the fourth quarter worth about $47,000. Institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus cut their price objective on shares of Oracle from $175.00 to $150.00 and set a "hold" rating on the stock in a report on Tuesday, March 11th. Morgan Stanley decreased their price target on shares of Oracle from $175.00 to $170.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. KeyCorp reissued an "overweight" rating and set a $200.00 price objective on shares of Oracle in a report on Tuesday, March 11th. Citigroup cut their target price on Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Finally, Evercore ISI lowered their price target on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $179.20.

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Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company's stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the sale, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of NYSE:ORCL traded down $1.28 during midday trading on Tuesday, reaching $153.59. 8,514,230 shares of the company's stock traded hands, compared to its average volume of 8,509,694. The company has a fifty day simple moving average of $164.89 and a two-hundred day simple moving average of $170.36. Oracle Co. has a 1 year low of $112.78 and a 1 year high of $198.31. The company has a market cap of $429.58 billion, a P/E ratio of 37.55, a PEG 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 quarterly earnings data 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 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 business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.41 earnings per share. Equities analysts predict that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be paid 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 1.30%. The ex-dividend date is Thursday, April 10th. Oracle's payout ratio is 46.95%.

Oracle Company 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.