Oracle Co. (NYSE:ORCL) Shares Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC increased its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 26.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,350 shares of the enterprise software provider's stock after buying an additional 3,670 shares during the period. Oracle comprises 0.6% of Personal CFO Solutions LLC's portfolio, making the stock its 28th largest holding. Personal CFO Solutions LLC's holdings in Oracle were worth $2,891,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on ORCL. Monness Crespi & Hardt upgraded shares of Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. BNP Paribas upgraded shares of Oracle to a "strong-buy" rating in a research report on Tuesday, December 10th. BMO Capital Markets lifted their target price on shares of Oracle from $173.00 to $205.00 and gave the stock a "market perform" rating in a research report on Tuesday, December 10th. StockNews.com cut shares of Oracle from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Finally, Stifel Nicolaus boosted their price objective on shares of Oracle from $155.00 to $175.00 and gave the company a "hold" rating in a research report on Tuesday, December 10th. Twelve equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $182.73.

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Insiders Place Their Bets

In related news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $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 available through this hyperlink. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Up 3.3 %

ORCL traded up $4.95 during trading on Friday, hitting $155.89. The company had a trading volume of 12,628,662 shares, compared to its average volume of 11,632,912. The company has a market cap of $436.01 billion, a PE ratio of 38.11, a P/E/G ratio of 3.46 and a beta of 1.07. The business has a 50-day moving average of $167.63 and a 200-day moving average of $169.51. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a 1-year low of $111.18 and a 1-year high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.34 earnings per share. As a group, analysts forecast that Oracle Co. will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.03%. Oracle's dividend payout ratio (DPR) is 39.12%.

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.