Oracle Co. (NYSE:ORCL) Shares Sold by Clarius Group LLC

Clarius Group LLC decreased its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,681 shares of the enterprise software provider's stock after selling 1,617 shares during the period. Clarius Group LLC's holdings in Oracle were worth $3,113,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Activest Wealth Management lifted its holdings in shares of Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider's stock worth $53,000 after acquiring an additional 56 shares during the last quarter. Second Line Capital LLC lifted its stake in Oracle by 1.5% in the third quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider's stock worth $650,000 after purchasing an additional 58 shares during the last quarter. Cadence Bank boosted its position in Oracle by 0.8% during the third quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider's stock valued at $1,296,000 after buying an additional 59 shares during the period. Eagle Rock Investment Company LLC grew its stake in shares of Oracle by 0.4% during the third quarter. Eagle Rock Investment Company LLC now owns 17,626 shares of the enterprise software provider's stock valued at $3,003,000 after buying an additional 64 shares during the last quarter. Finally, W Advisors LLC increased its holdings in shares of Oracle by 3.1% in the third quarter. W Advisors LLC now owns 2,158 shares of the enterprise software provider's stock worth $368,000 after buying an additional 64 shares during the period. Institutional investors own 42.44% of the company's stock.

Oracle Trading Up 0.9 %

NYSE:ORCL traded up $1.51 during mid-day trading on Friday, hitting $161.05. 11,593,649 shares of the stock traded hands, compared to its average volume of 5,912,798. 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 $450.44 billion, a price-to-earnings ratio of 39.38, a PEG ratio of 3.03 and a beta of 1.06. Oracle Co. has a 52 week low of $106.51 and a 52 week high of $198.31. The firm's 50 day moving average is $175.44 and its two-hundred day moving average is $161.46.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The company had revenue of $14.06 billion for the quarter, compared to analysts' expectations of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business's revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $1.34 earnings per share. On average, equities research analysts predict that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Friday, January 10th. Oracle's dividend payout ratio (DPR) is currently 39.12%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ORCL shares. BMO Capital Markets increased their price target on shares of Oracle from $173.00 to $205.00 and gave the company a "market perform" rating in a research report on Tuesday, December 10th. StockNews.com upgraded Oracle from a "hold" rating to a "buy" rating in a report on Thursday. Cantor Fitzgerald started coverage on Oracle in a research note on Friday. They set an "overweight" rating and a $214.00 target price on the stock. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $165.00 price target on shares of Oracle in a research note on Thursday, December 5th. Finally, BNP Paribas raised shares of Oracle to a "strong-buy" rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $182.73.

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.