PKS Advisory Services LLC Makes New $357,000 Investment in Oracle Co. (NYSE:ORCL)

PKS Advisory Services LLC bought a new position in Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,145 shares of the enterprise software provider's stock, valued at approximately $357,000.

Other large investors have also recently bought and sold shares of the company. R Squared Ltd bought a new stake in Oracle during the fourth quarter valued at $25,000. Winch Advisory Services LLC boosted its position in shares of Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after acquiring an additional 87 shares during the last quarter. Synergy Investment Management LLC purchased a new position in shares of Oracle during the fourth quarter worth about $34,000. TFC Financial Management Inc. increased its position in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock worth $35,000 after purchasing an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new position in shares of Oracle in the fourth quarter worth approximately $47,000. 42.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

ORCL has been the subject of a number of research reports. Barclays cut their price target on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. Mizuho upped their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Evercore ISI reduced their target price on Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. KeyCorp reaffirmed an "overweight" rating and set a $200.00 price target on shares of Oracle in a research note on Tuesday, March 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. Thirteen 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $179.20.

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Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 345,174 shares of the business's stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Performance

NYSE ORCL traded down $5.03 on Friday, hitting $140.75. 13,138,087 shares of the company traded hands, compared to its average volume of 8,963,386. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 52-week low of $112.78 and a 52-week high of $198.31. The company has a market capitalization of $393.67 billion, a price-to-earnings ratio of 34.41, a P/E/G ratio of 3.46 and a beta of 1.07. The business's 50 day moving average price is $163.94 and its 200-day moving average price is $170.22.

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 the consensus estimate of $1.49 by ($0.02). The company had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.41 earnings per share. Equities analysts expect that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be issued a $0.50 dividend. This is an increase from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.42%. Oracle's dividend payout ratio (DPR) is presently 46.95%.

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.