Impact Investors Inc bought a new stake in Oracle Co. (NYSE:ORCL – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,825 shares of the enterprise software provider’s stock, valued at approximately $304,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. R Squared Ltd acquired a new stake in shares of Oracle in the fourth quarter valued at about $25,000. Winch Advisory Services LLC increased its holdings in Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares in the last quarter. TFC Financial Management Inc. lifted its position in shares of Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after acquiring an additional 120 shares during the period. Reston Wealth Management LLC purchased a new stake in shares of Oracle during the 3rd quarter worth approximately $44,000. Finally, Synergy Asset Management LLC acquired a new stake in shares of Oracle in the 4th quarter worth approximately $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Oracle Stock Performance
Oracle stock opened at $168.51 on Wednesday. The company has a market cap of $471.31 billion, a price-to-earnings ratio of 41.20, a price-to-earnings-growth ratio of 3.46 and a beta of 1.05. Oracle Co. has a 12 month low of $109.79 and a 12 month 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 stock’s 50-day moving average is $168.94 and its 200-day moving average is $168.12.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders 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 annualized dividend and a dividend yield of 0.95%. Oracle’s dividend payout ratio (DPR) is presently 39.12%.
Wall Street Analyst Weigh In
A number of analysts have commented on ORCL shares. Mizuho boosted their target price on Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Citigroup increased their price objective on shares of Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Morgan Stanley lifted their target price on shares of Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 10th. DA Davidson increased their price target on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Finally, StockNews.com cut shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $182.73.
Check Out Our Latest Analysis on ORCL
Insider Activity at Oracle
In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,331,027.20. The trade was a 65.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 42.20% of the company’s stock.
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.
Read More
- Five stocks we like better than Oracle
- Trading Stocks: RSI and Why it’s Useful
- Massive Buybacks: 3 Stocks Returning Big Cash to Shareholders
- Best Aerospace Stocks Investing
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- What is a SEC Filing?
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.