Oracle Co. (NYSE:ORCL) Holdings Raised by Vident Advisory LLC

Vident Advisory LLC grew its position in Oracle Co. (NYSE:ORCL - Free Report) by 80.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 221,504 shares of the enterprise software provider's stock after acquiring an additional 98,524 shares during the quarter. Vident Advisory LLC's holdings in Oracle were worth $36,912,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in ORCL. Norges Bank bought a new position in Oracle during the 4th quarter worth $2,216,314,000. Raymond James Financial Inc. bought a new position in Oracle during the 4th quarter worth $930,095,000. Vanguard Group Inc. grew its stake in shares of Oracle by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock worth $26,231,127,000 after purchasing an additional 2,296,069 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Oracle by 268.4% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 3,077,947 shares of the enterprise software provider's stock worth $512,909,000 after purchasing an additional 2,242,520 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Oracle by 12.5% in 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 purchasing an additional 2,176,892 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Up 0.6%

Shares of NYSE ORCL opened at $160.31 on Monday. Oracle Co. has a 12 month low of $114.55 and a 12 month high of $198.31. The company has a market cap of $448.39 billion, a price-to-earnings ratio of 39.20, a P/E/G 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. The business has a fifty day simple moving average of $142.91 and a 200-day simple moving average of $162.45.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.02). The business had revenue of $14.13 billion during the quarter, compared to analysts' expectations of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.41 earnings per share. Sell-side analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were paid a $0.50 dividend. This is an increase from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio is currently 46.95%.

Insider Buying and Selling

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the company's stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total value of $291,620.00. Following the transaction, the director now directly owns 34,630 shares of the company's stock, valued at $5,049,400.30. This represents a 5.46% decrease in their position. The sale 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 company's stock in a transaction dated Friday, April 11th. The stock was 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 in the company, valued at approximately $7,538,339.30. The trade was a 7.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,366 shares of company stock valued at $4,015,723. Corporate insiders own 42.20% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of several recent analyst reports. Westpark Capital initiated coverage on Oracle in a research note on Tuesday, April 1st. They issued a "buy" rating and a $195.00 price target for the company. Royal Bank of Canada set a $145.00 price target on Oracle and gave the stock a "sector perform" rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price target on Oracle from $140.00 to $135.00 and set a "neutral" rating for the company in a research note on Tuesday, March 11th. KeyCorp reissued an "overweight" rating and issued a $200.00 price target on shares of Oracle in a research note on Tuesday, March 11th. Finally, Evercore ISI decreased their price target on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Fourteen 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 company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $174.42.

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.

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