Blue Bell Private Wealth Management LLC Sells 348 Shares of Oracle Co. (NYSE:ORCL)

Blue Bell Private Wealth Management LLC reduced its stake in Oracle Co. (NYSE:ORCL) by 12.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,377 shares of the enterprise software provider’s stock after selling 348 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in Oracle were worth $396,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Oracle in the 4th quarter worth about $25,000. Winch Advisory Services LLC increased its holdings in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares during the last quarter. Synergy Investment Management LLC purchased a new position in shares of Oracle during the 4th quarter worth about $34,000. TFC Financial Management Inc. boosted its stake 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 worth $35,000 after purchasing an additional 120 shares during the period. Finally, Synergy Asset Management LLC purchased a new position in shares of Oracle during the 4th quarter worth about $47,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Down 6.7 %

Shares of Oracle stock opened at $150.69 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12-month low of $111.18 and a 12-month high of $198.31. The firm has a market capitalization of $421.48 billion, a price-to-earnings ratio of 36.84, a PEG ratio of 3.46 and a beta of 1.07. The firm’s 50 day simple moving average is $167.89 and its two-hundred day simple moving average is $168.97.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the company earned $1.34 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year. Analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Analyst Ratings Changes

A number of research firms recently commented on ORCL. UBS Group lifted their price target on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Mizuho lifted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. StockNews.com cut shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Citigroup lifted their price target on shares of Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Finally, Jefferies Financial Group boosted their price objective on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Twelve equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Buying and Selling

In related news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 42.20% of the stock is currently owned by insiders.

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.