Members Wealth LLC Invests $934,000 in Oracle Co. (NYSE:ORCL)

Members Wealth LLC acquired a new stake in shares of Oracle Co. (NYSE:ORCL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,423 shares of the enterprise software provider's stock, valued at approximately $934,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Oracle during the fourth quarter valued at about $100,862,000. Silver Oak Wealth Advisors Services LLC bought a new position in shares of Oracle during the fourth quarter valued at about $200,000. Northstar Financial Companies Inc. bought a new position in shares of Oracle during the fourth quarter valued at about $344,000. Centaurus Financial Inc. grew its stake in shares of Oracle by 13.2% during the fourth quarter. Centaurus Financial Inc. now owns 37,976 shares of the enterprise software provider's stock valued at $6,328,000 after buying an additional 4,420 shares during the last quarter. Finally, Campbell Deegan Wealth Management LLC bought a new position in shares of Oracle during the fourth quarter valued at about $233,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insiders Place Their Bets

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction dated 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 directly owns 58,090 shares of the company's stock, valued at approximately $7,538,339.30. The trade was a 7.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the director now directly owns 34,630 shares of the company's stock, valued at $5,049,400.30. This trade represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,366 shares of company stock valued at $4,015,723. Insiders own 42.20% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ORCL shares. Wall Street Zen cut Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Cantor Fitzgerald cut their price target on shares of Oracle from $214.00 to $175.00 and set an "overweight" rating on the stock in a report on Tuesday, March 11th. Westpark Capital started coverage on shares of Oracle in a report on Tuesday, April 1st. They issued a "buy" rating and a $195.00 price target on the stock. Mizuho cut their price target on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, JPMorgan Chase & Co. cut their price target on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Fourteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $174.42.

Oracle Stock Down 0.6%

NYSE ORCL traded down $0.93 during trading hours on Thursday, reaching $162.92. 6,994,037 shares of the company's stock traded hands, compared to its average volume of 9,513,441. Oracle Co. has a 52-week low of $114.55 and a 52-week high of $198.31. The firm has a market cap of $455.67 billion, a PE ratio of 39.83, a PEG ratio of 3.46 and a beta of 1.27. The firm has a 50-day simple moving average of $144.16 and a 200 day simple moving average of $161.61. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (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 business had revenue of $14.13 billion for the quarter, compared to analysts' expectations of $14.40 billion. During the same period last year, the business earned $1.41 earnings per share. The company's revenue was up 6.4% on a year-over-year basis. Sell-side analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal 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 issued a $0.50 dividend. The ex-dividend date was Thursday, April 10th. This is a boost from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.23%. Oracle's payout ratio is 46.95%.

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.