Trust Co. of Vermont increased its position in Oracle Co. (NYSE:ORCL - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,938 shares of the enterprise software provider's stock after buying an additional 1,907 shares during the quarter. Trust Co. of Vermont's holdings in Oracle were worth $7,488,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of ORCL. Westend Capital Management LLC boosted its holdings in Oracle by 144.6% during the fourth quarter. Westend Capital Management LLC now owns 494 shares of the enterprise software provider's stock worth $82,000 after buying an additional 292 shares in the last quarter. Premier Path Wealth Partners LLC lifted its position in shares of Oracle by 1.2% during the 4th quarter. Premier Path Wealth Partners LLC now owns 7,017 shares of the enterprise software provider's stock valued at $1,169,000 after acquiring an additional 82 shares during the last quarter. Alhambra Investment Management LLC boosted its stake in shares of Oracle by 1.6% during the 4th quarter. Alhambra Investment Management LLC now owns 5,384 shares of the enterprise software provider's stock worth $897,000 after acquiring an additional 84 shares in the last quarter. Verity & Verity LLC grew its holdings in shares of Oracle by 260.4% in the 4th quarter. Verity & Verity LLC now owns 13,200 shares of the enterprise software provider's stock worth $2,200,000 after acquiring an additional 9,537 shares during the last quarter. Finally, Integrated Investment Consultants LLC raised its position in shares of Oracle by 1.5% during the fourth quarter. Integrated Investment Consultants LLC now owns 6,298 shares of the enterprise software provider's stock worth $1,050,000 after purchasing an additional 91 shares during the period. Institutional investors own 42.44% of the company's stock.
Oracle Stock Up 0.9 %
Shares of NYSE ORCL traded up $1.51 during mid-day trading on Friday, reaching $161.05. 11,593,649 shares of the company traded hands, compared to its average volume of 5,912,798. The company's fifty day moving average is $175.44 and its two-hundred day moving average is $161.34. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a fifty-two week low of $106.51 and a fifty-two week high of $198.31. The stock has a market cap of $450.44 billion, a PE ratio of 39.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06.
Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion for 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 for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $1.34 EPS. On average, analysts expect that Oracle Co. will post 5.01 earnings per share for the current year.
Oracle Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. Oracle's payout ratio is presently 39.12%.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Monness Crespi & Hardt lowered Oracle from a "neutral" rating to a "sell" rating and set a $130.00 price target for the company. in a research report on Friday, December 20th. DA Davidson raised their target price on shares of Oracle from $140.00 to $150.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. Royal Bank of Canada reissued a "sector perform" rating and issued a $165.00 target price on shares of Oracle in a research report on Thursday, December 5th. Sanford C. Bernstein upped their price target on shares of Oracle from $201.00 to $202.00 and gave the company an "outperform" rating in a research report on Monday, September 30th. Finally, UBS Group lifted their price objective on shares of Oracle from $200.00 to $210.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and an average price target of $182.73.
Get Our Latest Stock Analysis on ORCL
Oracle Company Profile
(
Free Report)
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.
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