Oracle Co. (NYSE:ORCL) Shares Acquired by Winslow Capital Management LLC

Winslow Capital Management LLC lifted its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 47.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,066,200 shares of the enterprise software provider's stock after acquiring an additional 981,955 shares during the quarter. Oracle makes up approximately 1.8% of Winslow Capital Management LLC's holdings, making the stock its 16th biggest holding. Winslow Capital Management LLC owned about 0.11% of Oracle worth $510,952,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd bought a new position in Oracle during the 4th quarter worth about $25,000. Winch Advisory Services LLC boosted its stake in shares of 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. Hurley Capital LLC purchased a new position in Oracle during the fourth quarter valued at approximately $33,000. Synergy Investment Management LLC bought a new position in Oracle in the fourth quarter worth approximately $34,000. Finally, TFC Financial Management Inc. lifted its holdings 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 buying an additional 120 shares during the period. Institutional investors own 42.44% of the company's stock.

Analyst Upgrades and Downgrades

ORCL has been the topic of a number of analyst reports. Monness Crespi & Hardt upgraded Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. Citigroup lowered their price target on shares of Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Jefferies Financial Group lowered their price objective on Oracle from $220.00 to $190.00 and set a "buy" rating for the company in a research report on Monday, March 31st. DA Davidson reaffirmed a "neutral" rating and set a $150.00 target price on shares of Oracle in a research report on Tuesday, March 11th. Finally, Stifel Nicolaus lowered their price target on Oracle from $175.00 to $150.00 and set a "hold" rating for the company in a report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus target price of $178.65.

Oracle Price Performance

Shares of Oracle stock traded down $1.09 during trading hours on Friday, reaching $132.27. The stock had a trading volume of 10,183,573 shares, compared to its average volume of 9,280,502. Oracle Co. has a twelve month low of $112.78 and a twelve month high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market capitalization of $369.94 billion, a PE ratio of 32.34, a PEG ratio of 3.46 and a beta of 1.22. The stock's 50 day moving average is $155.25 and its 200 day moving average is $167.63.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly 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 return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period in the previous year, the company posted $1.41 EPS. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. Equities analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business 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 represents a $2.00 annualized dividend and a yield of 1.51%. The ex-dividend date is Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is presently 46.95%.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the completion of the transaction, the director now owns 34,630 shares of the company's stock, valued at $5,049,400.30. This represents a 5.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Safra Catz sold 2,101,154 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,448,328 shares of company stock worth $453,791,001. Company insiders own 42.20% of the company's stock.

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.