Brown Advisory Inc. Has $33.69 Million Stock Holdings in Oracle Corporation (NYSE:ORCL)

Brown Advisory Inc. lowered its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 3.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 240,946 shares of the enterprise software provider's stock after selling 7,763 shares during the period. Brown Advisory Inc.'s holdings in Oracle were worth $33,687,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ORCL. Consolidated Capital Management LLC acquired a new position in shares of Oracle during the first quarter valued at $344,000. Interchange Capital Partners LLC raised its holdings in Oracle by 4.4% during the 1st quarter. Interchange Capital Partners LLC now owns 7,152 shares of the enterprise software provider's stock worth $1,000,000 after purchasing an additional 304 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in Oracle by 0.7% during the 1st quarter. Crossmark Global Holdings Inc. now owns 242,478 shares of the enterprise software provider's stock worth $33,901,000 after purchasing an additional 1,701 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in Oracle by 10.4% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 77,241 shares of the enterprise software provider's stock worth $10,799,000 after purchasing an additional 7,284 shares during the last quarter. Finally, Security National Bank of SO Dak lifted its position in Oracle by 1.0% during the 1st quarter. Security National Bank of SO Dak now owns 31,973 shares of the enterprise software provider's stock valued at $4,470,000 after purchasing an additional 311 shares during the period. Institutional investors own 42.44% of the company's stock.

Oracle Stock Down 1.9%

NYSE:ORCL traded down $4.55 on Friday, hitting $230.45. 10,172,356 shares of the company's stock were exchanged, compared to its average volume of 10,259,055. The firm has a 50-day moving average price of $187.16 and a 200-day moving average price of $166.49. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $241.44. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market cap of $647.29 billion, a P/E ratio of 53.10, a price-to-earnings-growth ratio of 3.51 and a beta of 1.39.

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

Oracle Announces Dividend

The company 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 yield of 0.87%. The ex-dividend date is Thursday, July 10th. Oracle's dividend payout ratio (DPR) is currently 46.08%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. TD Cowen boosted their price target on shares of Oracle from $250.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, July 3rd. Westpark Capital lifted their target price on shares of Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Mizuho dropped their target price on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. BMO Capital Markets raised their price target on Oracle from $235.00 to $245.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Finally, Roth Capital reaffirmed a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. Nine research 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 stock. According to data from MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus price target of $209.33.

Insider Transactions at Oracle

In other news, EVP Maria Smith sold 10,000 shares of the business's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the transaction, the executive vice president directly owned 40,807 shares in the company, valued at $9,507,622.93. The trade was a 19.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,866 shares of the firm's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $149.53, for a total transaction of $428,552.98. Following the completion of the sale, the director owned 31,764 shares of the company's stock, valued at $4,749,670.92. This trade represents a 8.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 445,366 shares of company stock valued at $84,784,653. 42.20% of the stock is owned by company 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.