American Capital Advisory LLC Sells 80 Shares of Oracle Co. (NYSE:ORCL)

American Capital Advisory LLC decreased its stake in Oracle Co. (NYSE:ORCL) by 1.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,704 shares of the enterprise software provider’s stock after selling 80 shares during the quarter. American Capital Advisory LLC’s holdings in Oracle were worth $1,284,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of Oracle by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock worth $411,748,000 after purchasing an additional 121,874 shares during the last quarter. RMR Wealth Builders grew its position in shares of Oracle by 383.4% in the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock valued at $1,192,000 after acquiring an additional 5,675 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of Oracle by 24.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock worth $27,428,000 after purchasing an additional 32,718 shares during the last quarter. Crews Bank & Trust bought a new stake in shares of Oracle in the 4th quarter valued at about $1,800,000. Finally, Chase Investment Counsel Corp bought a new position in Oracle during the third quarter worth about $4,160,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Cantor Fitzgerald started coverage on Oracle in a research note on Friday, January 17th. They issued an “overweight” rating and a $214.00 price objective on the stock. Evercore ISI increased their price target on Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective for the company. in a research report on Friday, December 20th. Jefferies Financial Group increased their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, BMO Capital Markets lifted their target price on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Oracle Stock Performance

NYSE ORCL opened at $174.53 on Friday. 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 $488.15 billion, a price-to-earnings ratio of 42.67, a P/E/G ratio of 3.39 and a beta of 1.05. 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’s 50 day simple moving average is $170.63 and its 200 day simple moving average is $164.11.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the business posted $1.34 EPS. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, research analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.92%. Oracle’s dividend payout ratio is currently 39.12%.

Insider Buying and Selling

In other news, CEO Safra Catz sold 345,174 shares of Oracle 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 approximately $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 42.20% of the stock is currently owned by corporate insiders.

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.