400 Shares in Oracle Co. (NYSE:ORCL) Bought by Finley Financial LLC

Finley Financial LLC purchased a new position in Oracle Co. (NYSE:ORCL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 400 shares of the enterprise software provider’s stock, valued at approximately $63,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in Oracle by 6.9% during the second quarter. Thrivent Financial for Lutherans now owns 95,803 shares of the enterprise software provider’s stock valued at $13,527,000 after purchasing an additional 6,215 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in Oracle by 3.4% during the second quarter. Epoch Investment Partners Inc. now owns 41,745 shares of the enterprise software provider’s stock valued at $5,894,000 after purchasing an additional 1,377 shares during the last quarter. Interval Partners LP bought a new stake in Oracle during the second quarter valued at $819,000. Providence Capital Advisors LLC boosted its holdings in shares of Oracle by 4.2% during the second quarter. Providence Capital Advisors LLC now owns 49,800 shares of the enterprise software provider’s stock valued at $7,032,000 after acquiring an additional 2,000 shares during the period. Finally, Mill Creek Capital Advisors LLC boosted its holdings in shares of Oracle by 19.5% during the second quarter. Mill Creek Capital Advisors LLC now owns 6,890 shares of the enterprise software provider’s stock valued at $973,000 after acquiring an additional 1,126 shares during the period. Institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several analyst reports. Cantor Fitzgerald initiated coverage on shares of Oracle in a report on Friday, January 17th. They set an “overweight” rating and a $214.00 price target for the company. KeyCorp boosted their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. UBS Group boosted their price target on shares of Oracle from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, DA Davidson boosted their price target on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Oracle Price Performance

NYSE ORCL opened at $172.82 on Wednesday. The stock’s 50-day moving average price is $174.54 and its two-hundred day moving average price is $161.90. 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 company has a market cap of $483.37 billion, a PE ratio of 42.25, a PEG ratio of 3.16 and a beta of 1.06. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. Oracle’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 EPS. On average, analysts predict that Oracle Co. will post 5.01 EPS for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued 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 dividend yield of 0.93%. Oracle’s dividend payout ratio is 39.12%.

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.