Oracle Co. (NYSE:ORCL) Stock Holdings Raised by PARUS FINANCE UK Ltd

PARUS FINANCE UK Ltd lifted its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 103,366 shares of the enterprise software provider's stock after purchasing an additional 7,900 shares during the period. Oracle accounts for 5.4% of PARUS FINANCE UK Ltd's holdings, making the stock its 6th biggest holding. PARUS FINANCE UK Ltd's holdings in Oracle were worth $17,225,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Howard Capital Management Group LLC increased its position in shares of Oracle by 12.4% during the third quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider's stock worth $1,366,000 after buying an additional 883 shares during the period. Principal Financial Group Inc. raised its position in shares of Oracle by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider's stock worth $411,748,000 after acquiring an additional 121,874 shares in the last quarter. United Bank boosted its position in shares of Oracle by 4.8% during the 3rd quarter. United Bank now owns 11,430 shares of the enterprise software provider's stock valued at $1,948,000 after purchasing an additional 519 shares in the last quarter. Financial Counselors Inc. increased its holdings in Oracle by 14.4% in the third quarter. Financial Counselors Inc. now owns 30,534 shares of the enterprise software provider's stock worth $5,203,000 after purchasing an additional 3,843 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Oracle by 178.2% in the third quarter. Hantz Financial Services Inc. now owns 230,687 shares of the enterprise software provider's stock valued at $39,309,000 after buying an additional 147,767 shares during the period. Institutional investors own 42.44% of the company's stock.

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Oracle Stock Performance

Shares of Oracle stock traded down $0.80 during trading hours on Monday, reaching $140.07. The company had a trading volume of 14,741,623 shares, compared to its average volume of 11,855,064. The firm has a market cap of $391.77 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. Oracle Co. has a one year low of $112.78 and a one year high of $198.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The business has a fifty day simple moving average of $163.94 and a 200 day simple moving average of $170.31.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. During the same period in the previous year, the firm earned $1.41 EPS. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. On average, analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be given 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 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, April 10th. Oracle's payout ratio is 46.95%.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 345,174 shares of the business's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares of the company's stock, valued at approximately $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 42.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Stephens started coverage on shares of Oracle in a research report on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 target price on the stock. StockNews.com downgraded Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Citigroup reduced their price objective on Oracle from $194.00 to $160.00 and set a "neutral" rating for the company in a research note on Wednesday, March 12th. Morgan Stanley reduced their price target on shares of Oracle from $175.00 to $170.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $178.00.

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.