Great Diamond Partners LLC Has $3.63 Million Stock Position in Oracle Co. (NYSE:ORCL)

Great Diamond Partners LLC boosted its holdings in shares of Oracle Co. (NYSE:ORCL) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,760 shares of the enterprise software provider’s stock after buying an additional 276 shares during the quarter. Oracle makes up approximately 0.9% of Great Diamond Partners LLC’s investment portfolio, making the stock its 27th largest position. Great Diamond Partners LLC’s holdings in Oracle were worth $3,626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Massmutual Trust Co. FSB ADV lifted its position in Oracle by 20.6% during the third quarter. Massmutual Trust Co. FSB ADV now owns 18,513 shares of the enterprise software provider’s stock worth $3,155,000 after acquiring an additional 3,167 shares during the last quarter. Czech National Bank lifted its holdings in Oracle by 7.2% during the 3rd quarter. Czech National Bank now owns 325,610 shares of the enterprise software provider’s stock worth $55,484,000 after purchasing an additional 21,832 shares during the last quarter. Canandaigua National Bank & Trust Co. lifted its holdings in Oracle by 10.7% during the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 73,812 shares of the enterprise software provider’s stock worth $12,578,000 after purchasing an additional 7,159 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Oracle by 2.1% in the 3rd quarter. Park Avenue Securities LLC now owns 23,743 shares of the enterprise software provider’s stock valued at $4,046,000 after purchasing an additional 495 shares during the period. Finally, Capital Market Strategies LLC increased its position in Oracle by 4.2% during the 3rd quarter. Capital Market Strategies LLC now owns 2,991 shares of the enterprise software provider’s stock worth $510,000 after buying an additional 120 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 42.20% of the stock is owned by insiders.

Oracle Stock Down 0.3 %

NYSE:ORCL opened at $169.91 on Friday. Oracle Co. has a one year low of $106.51 and a one year high of $198.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $475.24 billion, a PE ratio of 41.54, a P/E/G ratio of 3.19 and a beta of 1.06. The firm’s 50 day simple moving average is $172.34 and its 200 day simple moving average is $163.08.

Oracle (NYSE:ORCL) last issued its quarterly 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 business 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 revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 EPS. On average, research analysts anticipate that Oracle Co. will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. 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 0.94%. Oracle’s dividend payout ratio (DPR) is 39.12%.

Analyst Upgrades and Downgrades

ORCL has been the topic of several research reports. KeyCorp upped their price target 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. Cantor Fitzgerald started coverage on shares of Oracle in a research report on Friday, January 17th. They set an “overweight” rating and a $214.00 target price on the stock. BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. Evercore ISI increased their price target on Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Finally, StockNews.com raised Oracle from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.