Capital Insight Partners LLC Buys 1,092 Shares of Oracle Corporation (NYSE:ORCL)

Capital Insight Partners LLC lifted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 2.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,205 shares of the enterprise software provider's stock after acquiring an additional 1,092 shares during the quarter. Capital Insight Partners LLC's holdings in Oracle were worth $5,621,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ORCL. Greenwood Gearhart Inc. lifted its stake in shares of Oracle by 1.2% during the fourth quarter. Greenwood Gearhart Inc. now owns 5,731 shares of the enterprise software provider's stock valued at $955,000 after acquiring an additional 66 shares during the period. WorthPointe LLC lifted its position in Oracle by 4.0% during the 4th quarter. WorthPointe LLC now owns 1,734 shares of the enterprise software provider's stock valued at $289,000 after purchasing an additional 67 shares during the period. Stage Harbor Financial LLC lifted its position in Oracle by 5.0% during the 4th quarter. Stage Harbor Financial LLC now owns 1,433 shares of the enterprise software provider's stock valued at $239,000 after purchasing an additional 68 shares during the period. J. L. Bainbridge & Co. Inc. boosted its stake in shares of Oracle by 5.5% in the 4th quarter. J. L. Bainbridge & Co. Inc. now owns 1,354 shares of the enterprise software provider's stock valued at $226,000 after purchasing an additional 70 shares during the last quarter. Finally, Prestige Wealth Management Group LLC grew its position in shares of Oracle by 0.6% during the 4th quarter. Prestige Wealth Management Group LLC now owns 11,288 shares of the enterprise software provider's stock worth $1,881,000 after buying an additional 70 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Oracle

In related news, Director Naomi O. Seligman sold 2,866 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $149.53, for a total value of $428,552.98. Following the completion of the transaction, the director directly owned 31,764 shares of the company's stock, valued at approximately $4,749,670.92. This trade represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the company's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $190.42, for a total transaction of $76,168,000.00. Following the sale, the insider directly owned 1,097,576 shares in the company, valued at $209,000,421.92. This trade represents a 26.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 450,366 shares of company stock worth $85,433,503. Insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ORCL. JMP Securities set a $240.00 price objective on shares of Oracle and gave the company a "market outperform" rating in a research note on Thursday, June 12th. Stifel Nicolaus upgraded Oracle from a "hold" rating to a "buy" rating and raised their price target for the stock from $180.00 to $250.00 in a research report on Monday, June 30th. CIBC reaffirmed a "buy" rating on shares of Oracle in a research note on Monday, June 9th. DA Davidson increased their target price on Oracle from $140.00 to $170.00 and gave the company a "neutral" rating in a research note on Thursday, June 12th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $195.00 target price (up previously from $145.00) on shares of Oracle in a report on Friday, June 13th. Nine analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $209.33.

Oracle Stock Down 0.3%

ORCL traded down $0.73 during trading hours on Thursday, hitting $235.08. 11,470,190 shares of the company's stock were exchanged, compared to its average volume of 10,239,208. The stock has a market cap of $660.30 billion, a price-to-earnings ratio of 54.17, a PEG ratio of 3.53 and a beta of 1.39. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $241.44. The stock's 50-day moving average is $183.77 and its two-hundred day moving average is $165.63. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.64 by $0.06. The company had revenue of $15.90 billion during the quarter, compared to the consensus estimate of $15.58 billion. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The company's quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.63 EPS. Sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, July 10th. Oracle's dividend payout ratio (DPR) is 46.08%.

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.