Oracle Corporation (NYSE:ORCL) Shares Purchased by Clarius Group LLC

Clarius Group LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 19.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,359 shares of the enterprise software provider's stock after purchasing an additional 3,678 shares during the quarter. Clarius Group LLC's holdings in Oracle were worth $3,126,000 at the end of the most recent quarter.

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

Insider Activity at Oracle

In related news, Director Naomi O. Seligman sold 2,866 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $149.53, for a total transaction of $428,552.98. Following the transaction, the director now directly owns 31,764 shares in the company, valued at approximately $4,749,670.92. This represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $190.42, for a total transaction of $76,168,000.00. Following the completion of the sale, the insider now owns 1,097,576 shares of the company's stock, valued at approximately $209,000,421.92. The trade was a 26.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 427,366 shares of company stock valued at $80,183,723. 42.20% of the stock is owned by corporate insiders.

Oracle Price Performance

NYSE ORCL traded up $2.45 during mid-day trading on Wednesday, hitting $210.63. The stock had a trading volume of 15,046,293 shares, compared to its average volume of 9,820,388. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $216.60. The company has a market cap of $589.13 billion, a price-to-earnings ratio of 48.53, a P/E/G ratio of 3.13 and a beta of 1.32. The company has a 50 day simple moving average of $155.97 and a 200 day simple moving average of $160.82. The company has a quick ratio of 1.02, a current ratio of 0.75 and a debt-to-equity ratio of 4.07.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. The firm had revenue of $15.90 billion for the quarter, compared to analysts' expectations of $15.58 billion. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The firm's revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.63 EPS. Equities analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 10th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, July 10th. This represents a $2.00 annualized dividend and a dividend yield of 0.95%. Oracle's dividend payout ratio is currently 46.08%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. DA Davidson increased their target price on Oracle from $140.00 to $170.00 and gave the stock a "neutral" rating in a research note on Thursday, June 12th. JPMorgan Chase & Co. increased their target price on Oracle from $135.00 to $185.00 and gave the company a "neutral" rating in a report on Thursday, June 12th. Stifel Nicolaus raised their price objective on shares of Oracle from $150.00 to $180.00 and gave the stock a "hold" rating in a report on Thursday, June 12th. The Goldman Sachs Group reissued a "neutral" rating and issued a $195.00 target price (up from $145.00) on shares of Oracle in a report on Friday, June 13th. Finally, Monness Crespi & Hardt upgraded shares of Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. Eleven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average price target of $195.39.

Oracle Company 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.