Teamwork Financial Advisors LLC Has $4.31 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

Teamwork Financial Advisors LLC lessened its position in Oracle Co. (NYSE:ORCL - Free Report) by 66.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,834 shares of the enterprise software provider's stock after selling 60,404 shares during the period. Teamwork Financial Advisors LLC's holdings in Oracle were worth $4,311,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Capital & Planning LLC raised its stake in shares of Oracle by 0.5% in the 4th quarter. Capital & Planning LLC now owns 15,727 shares of the enterprise software provider's stock valued at $2,621,000 after purchasing an additional 81 shares during the period. Brighton Jones LLC raised its holdings in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in Oracle during the fourth quarter worth $51,084,000. Revolve Wealth Partners LLC lifted its position in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after buying an additional 404 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of Oracle in the 4th quarter valued at about $25,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Mizuho dropped their price target on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Evercore ISI cut their target price on shares of Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Westpark Capital assumed 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. DA Davidson cut their price objective on Oracle from $150.00 to $140.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, Guggenheim reaffirmed a "buy" rating and set a $220.00 price objective on shares of Oracle in a research report on Thursday. Fourteen analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $174.42.

Oracle Price Performance

Shares of ORCL traded up $3.06 during midday trading on Thursday, hitting $171.16. The company's stock had a trading volume of 7,695,879 shares, compared to its average volume of 9,506,424. 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 one year low of $118.86 and a one year high of $198.31. The stock has a market capitalization of $478.73 billion, a price-to-earnings ratio of 41.85, a price-to-earnings-growth ratio of 3.46 and a beta of 1.32. The company's fifty day simple moving average is $145.94 and its two-hundred day simple moving average is $160.87.

Oracle (NYSE:ORCL - Get Free Report) last released its 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 during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The business's revenue was up 6.4% on a year-over-year basis. As a group, equities analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.17%. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio is presently 46.95%.

Insider Activity at Oracle

In other news, Director Leon E. Panetta sold 17,500 shares of the business's 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 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 SEC, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the sale, the director now owns 34,630 shares in the company, valued at approximately $5,049,400.30. This represents 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 valued at $4,015,723 in the last 90 days. 42.20% of the stock is 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.