4WEALTH Advisors Inc. Buys Shares of 1,861 Oracle Co. (NYSE:ORCL)

4WEALTH Advisors Inc. acquired a new position in Oracle Co. (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,861 shares of the enterprise software provider's stock, valued at approximately $310,000.

Other hedge funds have also recently bought and sold shares of 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 increased its position in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider's stock worth $31,000 after acquiring an additional 87 shares during the period. Hurley Capital LLC bought a new stake in Oracle in the 4th quarter valued at $33,000. Synergy Investment Management LLC acquired a new stake in Oracle in the 4th quarter worth $34,000. Finally, TFC Financial Management Inc. increased its holdings 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. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ORCL shares. UBS Group reissued a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price target on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 11th. Cantor Fitzgerald dropped their price objective on shares of Oracle from $214.00 to $175.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. Barclays decreased their target price on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 11th. Finally, BMO Capital Markets dropped their price target on shares of Oracle from $205.00 to $175.00 and set a "market perform" rating for the company in a research report on Tuesday, March 11th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Oracle presently has an average rating of "Moderate Buy" and an average price target of $174.42.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the transaction, the director now owns 34,630 shares in the company, valued at $5,049,400.30. The trade was a 5.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Leon E. Panetta sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the completion of the transaction, the director now owns 58,090 shares of the company's stock, valued at $7,538,339.30. This represents a 7.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 42.20% of the company's stock.

Oracle Trading Up 3.6 %

ORCL traded up $5.28 during trading on Friday, reaching $150.77. 11,338,726 shares of the company's stock were exchanged, compared to its average volume of 9,444,493. The company's fifty day moving average price is $143.62 and its 200-day moving average price is $163.82. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market capitalization of $421.70 billion, a PE ratio of 36.86, a P/E/G ratio of 3.46 and a beta of 1.22. Oracle Co. has a fifty-two week low of $114.55 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the company posted $1.41 EPS. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities analysts forecast that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Thursday, April 10th. This is an increase from Oracle's previous quarterly dividend of $0.40. Oracle's dividend payout ratio is presently 46.95%.

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.