Oracle Co. (NYSE:ORCL) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC lowered its position in Oracle Co. (NYSE:ORCL - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,770 shares of the enterprise software provider's stock after selling 2,040 shares during the period. Oracle comprises approximately 1.4% of Uncommon Cents Investing LLC's investment portfolio, making the stock its 14th biggest position. Uncommon Cents Investing LLC's holdings in Oracle were worth $4,628,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Winch Advisory Services LLC lifted its holdings in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock valued at $31,000 after purchasing an additional 87 shares in the last quarter. Reston Wealth Management LLC purchased a new position in Oracle in the 3rd quarter valued at about $44,000. Avondale Wealth Management acquired a new stake in Oracle in the 3rd quarter worth about $51,000. Friedenthal Financial purchased a new stake in Oracle during the 3rd quarter worth approximately $51,000. Finally, Activest Wealth Management raised its holdings in shares of Oracle by 21.9% during the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider's stock valued at $53,000 after acquiring an additional 56 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Trading Up 0.9 %

Shares of ORCL stock traded up $1.51 on Monday, hitting $161.05. The stock had a trading volume of 11,593,649 shares, compared to its average volume of 5,912,798. The company's 50 day moving average price is $175.44 and its 200-day moving average price is $161.58. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31. The firm has a market capitalization of $450.44 billion, a P/E ratio of 39.38, a P/E/G ratio of 3.03 and a beta of 1.06. 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 (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $14.06 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.34 EPS. Analysts anticipate that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. Oracle's dividend payout ratio (DPR) is presently 39.12%.

Analysts Set New Price Targets

Several research analysts recently commented on ORCL shares. Morgan Stanley increased their price objective on Oracle from $145.00 to $175.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 10th. Stifel Nicolaus increased their target price 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. Evercore ISI boosted their price target on shares of Oracle from $190.00 to $200.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 10th. Mizuho increased their price objective on shares of Oracle from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Tuesday, December 10th. Finally, BNP Paribas upgraded Oracle to a "strong-buy" rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $182.73.

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.