OLD Second National Bank of Aurora Lowers Stock Holdings in Oracle Co. (NYSE:ORCL)

OLD Second National Bank of Aurora reduced its position in Oracle Co. (NYSE:ORCL) by 3.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,471 shares of the enterprise software provider’s stock after selling 195 shares during the period. OLD Second National Bank of Aurora’s holdings in Oracle were worth $912,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Oracle during the 2nd quarter valued at $1,516,000. Advisory Alpha LLC purchased a new stake in shares of Oracle during the 2nd quarter valued at $255,000. Brown Financial Advisors purchased a new stake in shares of Oracle during the 2nd quarter valued at $864,000. Creekside Partners purchased a new stake in shares of Oracle during the 2nd quarter valued at $425,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Oracle during the 2nd quarter valued at $36,127,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. This represents a 23.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Shares of Oracle stock opened at $162.22 on Thursday. The firm has a market cap of $453.71 billion, a PE ratio of 39.66, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. The firm’s 50-day simple moving average is $173.36 and its 200-day simple moving average is $163.03. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31.

Oracle (NYSE:ORCL) last issued 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the company posted $1.34 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. Equities analysts forecast that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio is presently 39.12%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ORCL. DA Davidson boosted their price objective on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt lowered shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price on the stock. in a report on Friday, December 20th. Evercore ISI lifted their target price on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a report on Friday, January 24th. Finally, Mizuho lifted their target price on shares of Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.