Oracle Co. (NYSE:ORCL) Stock Holdings Decreased by Focused Investors LLC

Focused Investors LLC lessened its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,075,000 shares of the enterprise software provider's stock after selling 9,300 shares during the period. Oracle accounts for approximately 5.7% of Focused Investors LLC's holdings, making the stock its 5th biggest position. Focused Investors LLC's holdings in Oracle were worth $179,138,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Second Line Capital LLC grew its stake in Oracle by 1.5% in the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider's stock valued at $650,000 after buying an additional 58 shares during the last quarter. Cadence Bank boosted its holdings in shares of Oracle by 0.8% during the third quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider's stock worth $1,296,000 after acquiring an additional 59 shares during the period. Requisite Capital Management LLC grew its position in shares of Oracle by 2.8% in the fourth quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider's stock valued at $373,000 after purchasing an additional 60 shares during the last quarter. Cookson Peirce & Co. Inc. lifted its position in Oracle by 4.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider's stock worth $237,000 after purchasing an additional 60 shares during the period. Finally, McLean Asset Management Corp increased its holdings in Oracle by 1.1% in the 4th quarter. McLean Asset Management Corp now owns 5,447 shares of the enterprise software provider's stock valued at $908,000 after buying an additional 61 shares during the period. Institutional investors own 42.44% of the company's stock.

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Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the firm's stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. This trade represents a 23.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of ORCL stock traded down $6.22 during trading hours on Wednesday, reaching $147.71. The company had a trading volume of 13,208,136 shares, compared to its average volume of 8,533,980. Oracle Co. has a one year low of $112.78 and a one year high of $198.31. The business has a fifty day moving average price of $164.84 and a 200-day moving average price of $170.44. 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 firm has a market cap of $413.15 billion, a PE ratio of 36.12, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL - Get Free Report) last released its 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the prior year, the business posted $1.41 EPS. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. Sell-side analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.35%. This is an increase from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. Oracle's dividend payout ratio is presently 46.95%.

Analyst Ratings Changes

A number of research analysts have issued reports on ORCL shares. Evercore ISI decreased their target price on Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Jefferies Financial Group increased their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Mizuho boosted their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 10th. KeyCorp reiterated an "overweight" rating and issued a $200.00 price target on shares of Oracle in a research note on Tuesday, March 11th. Finally, JMP Securities restated a "market outperform" rating and set a $205.00 price objective on shares of Oracle in a research report on Wednesday, January 22nd. Thirteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $179.20.

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.