Fiduciary Alliance LLC Has $1.83 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

Fiduciary Alliance LLC trimmed its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 65.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,105 shares of the enterprise software provider's stock after selling 24,923 shares during the period. Fiduciary Alliance LLC's holdings in Oracle were worth $1,832,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. R Squared Ltd acquired a new stake in Oracle in the fourth quarter worth $25,000. Sunbeam Capital Management LLC bought a new position in shares of Oracle during the fourth quarter worth about $30,000. Hurley Capital LLC acquired a new stake in shares of Oracle in the 4th quarter worth about $33,000. Synergy Investment Management LLC acquired a new stake in shares of Oracle in the 4th quarter worth about $34,000. Finally, TFC Financial Management Inc. lifted its position in Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after purchasing an additional 120 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Price Performance

Shares of NYSE:ORCL traded down $0.97 on Wednesday, reaching $168.17. 6,372,366 shares of the company traded hands, compared to its average volume of 9,505,013. The stock has a market capitalization of $470.36 billion, a PE ratio of 41.12, a P/E/G ratio of 3.46 and a beta of 1.32. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The company's 50 day moving average is $145.39 and its 200-day moving average is $160.82. Oracle Co. has a fifty-two week low of $118.72 and a fifty-two week high of $198.31.

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

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th were given 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 dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio (DPR) is 46.95%.

Insider Activity

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the transaction, the director now directly owns 34,630 shares in the company, valued at approximately $5,049,400.30. The trade was a 5.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Leon E. Panetta sold 17,500 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $151.24, for a total value of $2,646,700.00. Following the completion of the sale, the director now owns 58,090 shares of the company's stock, valued at $8,785,531.60. The trade was a 23.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 27,366 shares of company stock worth $4,015,723 over the last 90 days. 42.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on ORCL shares. Westpark Capital began coverage on shares of Oracle in a research report on Tuesday, April 1st. They issued a "buy" rating and a $195.00 target price for the company. UBS Group reiterated a "market perform" rating on shares of Oracle in a research report on Tuesday, March 11th. Evercore ISI lowered their target price on Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Mizuho cut their target price on Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Finally, BMO Capital Markets decreased their price target on Oracle from $205.00 to $175.00 and set a "market perform" rating for the company in a research note on Tuesday, March 11th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.