Siemens Fonds Invest GmbH Has $509,000 Stock Position in Oracle Co. (NYSE:ORCL)

Siemens Fonds Invest GmbH decreased its position in Oracle Co. (NYSE:ORCL - Free Report) by 95.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,054 shares of the enterprise software provider's stock after selling 67,647 shares during the period. Siemens Fonds Invest GmbH's holdings in Oracle were worth $509,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ORCL. R Squared Ltd purchased a new stake in shares of Oracle in the fourth quarter valued at $25,000. Sunbeam Capital Management LLC acquired a new stake in shares of Oracle in the fourth quarter valued at about $30,000. Hurley Capital LLC acquired a new stake in shares of Oracle in the fourth quarter valued at about $33,000. Synergy Investment Management LLC acquired a new stake in shares of Oracle in the fourth quarter valued at about $34,000. Finally, TFC Financial Management Inc. grew its stake in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after buying an additional 120 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the business'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 owns 34,630 shares in the company, valued at $5,049,400.30. The trade was a 5.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Leon E. Panetta sold 17,500 shares of the business's stock in a transaction dated 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 transaction, the director now owns 58,090 shares in the company, valued at $8,785,531.60. This trade represents 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 valued at $4,015,723 over the last three months. Company insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of ORCL traded up $2.13 during midday trading on Friday, reaching $165.03. The stock had a trading volume of 17,537,919 shares, compared to its average volume of 9,540,302. Oracle Co. has a 52 week low of $114.55 and a 52 week high of $198.31. 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 firm's 50 day moving average price is $144.55 and its 200-day moving average price is $161.26. The company has a market capitalization of $461.58 billion, a P/E ratio of 40.35, a P/E/G ratio of 3.46 and a beta of 1.27.

Oracle (NYSE:ORCL - Get Free Report) last posted 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 firm had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the firm posted $1.41 EPS. The firm's quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts forecast that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.21%. Oracle's payout ratio is 46.95%.

Analyst Upgrades and Downgrades

ORCL has been the subject of a number of recent analyst reports. UBS Group restated a "market perform" rating on shares of Oracle in a research note on Tuesday, March 11th. Evercore ISI lowered their price objective on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Monness Crespi & Hardt upgraded Oracle from a "sell" rating to a "neutral" rating in a research note on Monday, March 3rd. Piper Sandler restated a "neutral" rating and set a $130.00 price objective (down previously from $190.00) on shares of Oracle in a research note on Wednesday, April 23rd. Finally, Westpark Capital initiated coverage on Oracle in a research note on Tuesday, April 1st. They set a "buy" rating and a $195.00 price objective for the company. Fourteen investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

About Oracle

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.