Oracle Co. (NYSE:ORCL) Shares Bought by DCM Advisors LLC

DCM Advisors LLC raised its position in Oracle Co. (NYSE:ORCL - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,726 shares of the enterprise software provider's stock after acquiring an additional 5,671 shares during the quarter. Oracle makes up approximately 4.6% of DCM Advisors LLC's portfolio, making the stock its 5th biggest position. DCM Advisors LLC's holdings in Oracle were worth $9,749,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ORCL. Norges Bank purchased a new stake in Oracle during the 4th quarter worth about $2,216,314,000. Raymond James Financial Inc. purchased a new position in shares of Oracle in the 4th quarter valued at about $930,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Oracle by 20.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,825,360 shares of the enterprise software provider's stock valued at $2,303,858,000 after acquiring an additional 2,350,448 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Oracle by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock valued at $26,231,127,000 after acquiring an additional 2,296,069 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of Oracle by 268.4% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,077,947 shares of the enterprise software provider's stock valued at $512,909,000 after acquiring an additional 2,242,520 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of Oracle stock traded down $1.27 during trading on Friday, reaching $156.04. The company's stock had a trading volume of 6,526,074 shares, compared to its average volume of 9,509,817. 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 Co. has a 12-month low of $114.55 and a 12-month high of $198.31. The company has a market capitalization of $436.44 billion, a P/E ratio of 38.15, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27. The business has a 50 day moving average price of $143.68 and a 200-day moving average price of $162.00.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share 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 during the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter last year, the firm earned $1.41 earnings per share. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 10th. 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 1.28%. Oracle's payout ratio is 46.95%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ORCL. KeyCorp reiterated an "overweight" rating and issued a $200.00 price objective on shares of Oracle in a report on Tuesday, March 11th. BMO Capital Markets cut their price target on Oracle from $205.00 to $175.00 and set a "market perform" rating on the stock in a research report on Tuesday, March 11th. Guggenheim reaffirmed a "buy" rating and set a $220.00 price target on shares of Oracle in a research report on Thursday, April 3rd. Westpark Capital began coverage on Oracle in a research report on Tuesday, April 1st. They set a "buy" rating and a $195.00 price target on the stock. Finally, UBS Group reaffirmed a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. Fourteen research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $174.42.

Insider Activity at Oracle

In other Oracle news, Director Leon E. Panetta sold 17,500 shares of the business's stock in a transaction on 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 sale, the director now directly owns 58,090 shares in the company, valued at approximately $8,785,531.60. The trade was a 23.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Naomi O. Seligman sold 2,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total value of $291,620.00. Following the sale, the director now owns 34,630 shares in the company, valued at approximately $5,049,400.30. The trade was a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,366 shares of company stock worth $4,015,723 over the last three months. 42.20% of the stock is currently owned by corporate insiders.

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.