Capital A Wealth Management LLC Makes New $543,000 Investment in Oracle Co. (NYSE:ORCL)

Capital A Wealth Management LLC bought a new stake in Oracle Co. (NYSE:ORCL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,261 shares of the enterprise software provider's stock, valued at approximately $543,000. Oracle makes up about 0.9% of Capital A Wealth Management LLC's investment portfolio, making the stock its 28th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Oracle by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock valued at $26,231,127,000 after buying an additional 2,296,069 shares during the last quarter. FMR LLC lifted its stake in shares of Oracle by 0.4% in the 4th quarter. FMR LLC now owns 38,002,902 shares of the enterprise software provider's stock valued at $6,332,803,000 after acquiring an additional 156,269 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Oracle by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 35,814,302 shares of the enterprise software provider's stock valued at $5,954,961,000 after acquiring an additional 619,619 shares during the period. Franklin Resources Inc. increased its stake in Oracle by 9.3% in the 4th quarter. Franklin Resources Inc. now owns 20,202,421 shares of the enterprise software provider's stock worth $3,366,531,000 after purchasing an additional 1,722,037 shares during the period. Finally, Northern Trust Corp increased its stake in Oracle by 12.5% in the 4th quarter. Northern Trust Corp now owns 19,620,534 shares of the enterprise software provider's stock worth $3,269,566,000 after purchasing an additional 2,176,892 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ORCL. Cantor Fitzgerald dropped their price objective on Oracle from $214.00 to $175.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. decreased their target price 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. Mizuho decreased their target price on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Morgan Stanley decreased their target price on shares of Oracle from $170.00 to $160.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, Citigroup reduced their price objective on shares of Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Fourteen analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $174.42.

Oracle Price Performance

Oracle stock traded up $5.87 during midday trading on Tuesday, reaching $161.84. 6,969,407 shares of the stock traded hands, compared to its average volume of 9,499,682. The stock's fifty day moving average is $143.76 and its 200-day moving average is $161.60. Oracle Co. has a 12 month low of $114.55 and a 12 month high of $198.31. The stock has a market cap of $452.66 billion, a P/E ratio of 39.57, a PEG ratio of 3.46 and a beta of 1.27. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL - Get Free Report) last posted 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 firm had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.41 earnings per share. As a group, equities research analysts anticipate 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. Stockholders of record on Thursday, April 10th were given a dividend of $0.50 per share. This is an increase from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Thursday, April 10th. Oracle's dividend payout ratio is currently 46.95%.

Insider Activity

In related news, Director Naomi O. Seligman sold 2,866 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $149.53, for a total value of $428,552.98. Following the completion of the sale, the director now directly owns 31,764 shares in the company, valued at $4,749,670.92. This trade represents a 8.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Leon E. Panetta sold 17,500 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $151.24, for a total transaction of $2,646,700.00. Following the completion of the sale, the director now directly owns 58,090 shares of the company's stock, valued at approximately $8,785,531.60. The trade was a 23.15% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,366 shares of company stock worth $4,015,723. 42.20% of the stock is currently owned by insiders.

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.