JTC Employer Solutions Trustee Ltd Boosts Holdings in Oracle Co. (NYSE:ORCL)

JTC Employer Solutions Trustee Ltd lifted its stake in Oracle Co. (NYSE:ORCL) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,129 shares of the enterprise software provider’s stock after purchasing an additional 577 shares during the quarter. JTC Employer Solutions Trustee Ltd’s holdings in Oracle were worth $856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of ORCL. Quest Partners LLC bought a new stake in Oracle in the 2nd quarter worth about $40,000. Federated Hermes Inc. increased its holdings in Oracle by 412.8% in the 2nd quarter. Federated Hermes Inc. now owns 257,573 shares of the enterprise software provider’s stock worth $36,369,000 after buying an additional 207,340 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in Oracle by 138.4% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 13,088 shares of the enterprise software provider’s stock worth $1,848,000 after buying an additional 7,597 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Oracle by 1.3% in the 2nd quarter. Wealthspire Advisors LLC now owns 19,346 shares of the enterprise software provider’s stock worth $2,732,000 after buying an additional 251 shares in the last quarter. Finally, Williams Financial LLC bought a new stake in Oracle in the 2nd quarter worth about $2,647,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

Shares of NYSE ORCL traded down $1.91 during midday trading on Monday, reaching $152.59. 3,203,561 shares of the stock traded hands, compared to its average volume of 7,132,005. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.72. The stock has a market capitalization of $426.79 billion, a PE ratio of 37.31, a P/E/G ratio of 3.39 and a beta of 1.06. Oracle Co. has a one year low of $105.42 and a one year high of $198.31. The company’s 50 day moving average is $177.62 and its 200 day moving average is $161.04.

Oracle (NYSE:ORCL) last posted its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion for 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 firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.34 earnings per share. On average, equities research analysts anticipate that Oracle Co. will post 5.03 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid 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 1.05%. Oracle’s payout ratio is 39.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. BMO Capital Markets boosted their price target on Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research note on Tuesday, December 10th. JMP Securities restated a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research note on Tuesday, December 10th. Citigroup boosted their price target on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. BNP Paribas upgraded Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, StockNews.com downgraded Oracle from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $181.48.

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.