Oracle Co. (NYSE:ORCL) is DCM Advisors LLC's 5th Largest Position

DCM Advisors LLC lifted its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 10.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 58,726 shares of the enterprise software provider's stock after buying an additional 5,671 shares during the quarter. Oracle makes up about 4.6% of DCM Advisors LLC's holdings, making the stock its 5th largest 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 and hedge funds have also made changes to their positions in the business. Norges Bank purchased a new stake in shares of Oracle in the fourth quarter valued at $2,216,314,000. Raymond James Financial Inc. purchased a new position in Oracle in the 4th quarter valued at about $930,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Oracle by 20.5% during 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 worth $2,303,858,000 after purchasing an additional 2,350,448 shares during the last quarter. Vanguard Group Inc. grew its holdings 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 worth $26,231,127,000 after buying an additional 2,296,069 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its holdings in shares of Oracle by 268.4% during 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 buying an additional 2,242,520 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Leon E. Panetta sold 17,500 shares of Oracle 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,866 shares of the business's stock in a transaction dated 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 transaction, the director now owns 31,764 shares in the company, valued at approximately $4,749,670.92. This trade represents a 8.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,366 shares of company stock worth $4,015,723 in the last 90 days. 42.20% of the stock is owned by company insiders.

Oracle Stock Up 0.3%

Shares of Oracle stock opened at $160.05 on Wednesday. Oracle Co. has a twelve month low of $114.55 and a twelve month high of $198.31. The stock has a market cap of $447.65 billion, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a fifty day moving average price of $143.33 and a 200 day moving average price of $162.36.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts forecast that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.25%. Oracle's payout ratio is 46.95%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ORCL shares. Mizuho reduced their price objective 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. Westpark Capital began coverage on Oracle in a research note on Tuesday, April 1st. They set a "buy" rating and a $195.00 price target on the stock. Evercore ISI decreased their price objective on Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. UBS Group reaffirmed a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. Finally, StockNews.com downgraded Oracle from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

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.

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