Oracle Co. (NYSE:ORCL) Shares Acquired by Family Firm Inc.

Family Firm Inc. raised its holdings in shares of Oracle Co. (NYSE:ORCL) by 29.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,569 shares of the enterprise software provider’s stock after acquiring an additional 355 shares during the quarter. Family Firm Inc.’s holdings in Oracle were worth $262,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new position in shares of Oracle during the 4th quarter worth about $25,000. Winch Advisory Services LLC boosted its position 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 valued at $31,000 after purchasing an additional 87 shares during the period. Synergy Investment Management LLC acquired a new stake in shares of Oracle in the 4th quarter valued at about $34,000. TFC Financial Management Inc. boosted its position in shares of Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after purchasing an additional 120 shares during the period. Finally, Synergy Asset Management LLC acquired a new stake in shares of Oracle in the 4th quarter valued at about $47,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 345,174 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 42.20% of the stock is owned by insiders.

Oracle Stock Performance

ORCL opened at $149.36 on Friday. The stock has a market cap of $417.76 billion, a P/E ratio of 36.52, a P/E/G ratio of 3.46 and a beta of 1.07. 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 simple moving average is $165.80 and its 200 day simple moving average is $169.41. Oracle Co. has a 1-year low of $112.78 and a 1-year high of $198.31.

Oracle (NYSE:ORCL) last announced its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). The company had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.41 EPS. As a group, equities analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, April 10th. This is a boost from Oracle’s previous quarterly dividend of $0.40. Oracle’s dividend payout ratio is 39.12%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ORCL. DA Davidson reissued a “neutral” rating and issued a $150.00 target price on shares of Oracle in a research report on Tuesday. Morgan Stanley decreased their target price on Oracle from $175.00 to $170.00 and set an “equal weight” rating for the company in a research report on Tuesday. Evercore ISI decreased their target price on Oracle from $200.00 to $185.00 and set an “outperform” rating for the company in a research report on Tuesday. Guggenheim reissued a “buy” rating and issued a $220.00 target price on shares of Oracle in a research report on Wednesday, March 5th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $200.00 price objective on shares of Oracle in a research note on Tuesday. Twelve equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $179.71.

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.