Oracle Co. (NYSE:ORCL) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its position in Oracle Co. (NYSE:ORCL) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 651,308 shares of the enterprise software provider’s stock after acquiring an additional 17,975 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Oracle were worth $110,045,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in shares of Oracle by 5.3% in the third quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock worth $411,748,000 after acquiring an additional 121,874 shares in the last quarter. McClarren Financial Advisors Inc. boosted its position in Oracle by 201.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider’s stock worth $266,000 after purchasing an additional 1,069 shares during the period. RMR Wealth Builders increased its holdings in 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 purchasing an additional 5,675 shares in the last quarter. Foundations Investment Advisors LLC raised its position in Oracle by 24.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock valued at $27,428,000 after purchasing an additional 32,718 shares during the period. Finally, Crews Bank & Trust purchased a new stake in shares of Oracle in the fourth quarter worth about $1,800,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 1.1 %

Shares of NYSE ORCL opened at $174.08 on Friday. Oracle Co. has a 12-month low of $106.51 and a 12-month high of $198.31. The company has a market cap of $486.89 billion, a price-to-earnings ratio of 42.56, a price-to-earnings-growth 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 stock’s 50 day simple moving average is $169.94 and its 200 day simple moving average is $165.29.

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

Oracle Announces Dividend

The company 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. This represents a $1.60 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.

Insider Buying and Selling at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was 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 directly owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. This represents a 65.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 42.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ORCL shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $165.00 target price on shares of Oracle in a report on Thursday, December 5th. JMP Securities reiterated a “market outperform” rating and set a $205.00 price objective on shares of Oracle in a research note on Wednesday, January 22nd. KeyCorp upped their target price on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. BMO Capital Markets lifted their price target on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 10th. Finally, 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. One investment 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 stock. According to MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and an average price target of $182.73.

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.