Oracle Co. (NYSE:ORCL) is Bill Few Associates Inc.’s 6th Largest Position

Bill Few Associates Inc. lessened its stake in shares of Oracle Co. (NYSE:ORCL) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,052 shares of the enterprise software provider’s stock after selling 1,155 shares during the quarter. Oracle accounts for 2.6% of Bill Few Associates Inc.’s investment portfolio, making the stock its 6th biggest position. Bill Few Associates Inc.’s holdings in Oracle were worth $7,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. True North Advisors LLC lifted its holdings in Oracle by 7.1% in the 4th quarter. True North Advisors LLC now owns 6,027 shares of the enterprise software provider’s stock worth $1,004,000 after buying an additional 402 shares in the last quarter. Traynor Capital Management Inc. increased its position in shares of Oracle by 80.5% during the fourth quarter. Traynor Capital Management Inc. now owns 3,445 shares of the enterprise software provider’s stock worth $574,000 after acquiring an additional 1,536 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Oracle by 15.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 408,132 shares of the enterprise software provider’s stock worth $68,011,000 after acquiring an additional 55,161 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its holdings in Oracle by 9.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 43,865 shares of the enterprise software provider’s stock valued at $7,310,000 after purchasing an additional 3,847 shares during the last quarter. Finally, Kelleher Financial Advisors grew its stake in Oracle by 5.9% during the 4th quarter. Kelleher Financial Advisors now owns 1,354 shares of the enterprise software provider’s stock valued at $226,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $184.18 on Thursday. The stock’s 50 day moving average price is $174.43 and its 200 day moving average price is $162.05. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $515.14 billion, a price-to-earnings ratio of 45.03, a PEG ratio of 3.39 and a beta of 1.06. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm 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 quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.34 EPS. Equities research analysts anticipate that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.87%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio is presently 39.12%.

Analyst Upgrades and Downgrades

ORCL has been the subject of several research analyst reports. BMO Capital Markets increased their target price on Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research note on Tuesday, December 10th. UBS Group raised their price objective on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. StockNews.com upgraded shares of Oracle from a “hold” rating to a “buy” rating in a research note on Thursday, January 16th. KeyCorp lifted their price target on Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, DA Davidson upped their price objective on Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus 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.