Diversify Advisory Services LLC Sells 8,133 Shares of Oracle Co. (NYSE:ORCL)

Diversify Advisory Services LLC lowered its position in Oracle Co. (NYSE:ORCL - Free Report) by 38.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,139 shares of the enterprise software provider's stock after selling 8,133 shares during the period. Diversify Advisory Services LLC's holdings in Oracle were worth $2,030,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Winch Advisory Services LLC boosted its position in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after purchasing an additional 87 shares in the last quarter. Reston Wealth Management LLC bought a new position in Oracle during the 3rd quarter valued at about $44,000. Avondale Wealth Management purchased a new stake in shares of Oracle during the 3rd quarter valued at about $51,000. Friedenthal Financial bought a new stake in shares of Oracle in the third quarter worth approximately $51,000. Finally, Activest Wealth Management raised its holdings in shares of Oracle by 21.9% during the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider's stock valued at $53,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle Price Performance

NYSE:ORCL traded up $1.51 during trading hours on Monday, reaching $161.05. The stock had a trading volume of 11,593,649 shares, compared to its average volume of 5,912,798. Oracle Co. has a 52 week low of $106.51 and a 52 week high of $198.31. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The company has a 50 day moving average price of $175.44 and a two-hundred day moving average price of $161.58. The stock has a market capitalization of $450.44 billion, a PE ratio of 39.38, a PEG ratio of 3.03 and a beta of 1.06.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results 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 net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the firm posted $1.34 EPS. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Oracle Co. will post 5.01 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 yield of 0.99%. The ex-dividend date was Friday, January 10th. Oracle's dividend payout ratio (DPR) is currently 39.12%.

Analyst Ratings Changes

A number of research firms have recently issued reports on ORCL. UBS Group raised their price target on Oracle from $200.00 to $210.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Evercore ISI increased their price target on shares of Oracle from $190.00 to $200.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Stifel Nicolaus lifted their price target on shares of Oracle from $155.00 to $175.00 and gave the stock a "hold" rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt lowered Oracle from a "neutral" rating to a "sell" rating and set a $130.00 price objective for the company. in a research note on Friday, December 20th. Finally, Guggenheim lifted their target price on Oracle from $200.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus 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.