Quantbot Technologies LP Makes New $7.44 Million Investment in Oracle Corporation $ORCL

Key Points

• Quantbot Technologies LP has acquired a new stake in Oracle Corporation, purchasing 53,192 shares valued at approximately $7.44 million.
• Insider sales at Oracle included a significant transaction where insider Michael D. Sicilia sold 15,880 shares for over $4 million, representing a 13.80% decrease in his ownership.
• Oracle recently announced a quarterly dividend of $0.50 per share, demonstrating a 0.8% yield and a dividend payout ratio of 46.08%.

Quantbot Technologies LP purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,192 shares of the enterprise software provider's stock, valued at approximately $7,437,000.

A number of other large investors have also added to or reduced their stakes in ORCL. Vanguard Group Inc. boosted its holdings in shares of Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Northern Trust Corp raised its position in Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Oracle by 20.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,825,360 shares of the enterprise software provider's stock worth $2,303,858,000 after acquiring an additional 2,350,448 shares in the last quarter. Polen Capital Management LLC raised its position in shares of Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Oracle by 0.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,975,191 shares of the enterprise software provider's stock worth $1,534,624,000 after acquiring an additional 94,236 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on ORCL shares. Royal Bank Of Canada lifted their price objective on Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 12th. Barclays restated an "overweight" rating and issued a $221.00 target price (up from $202.00) on shares of Oracle in a research note on Friday, June 13th. Stifel Nicolaus upgraded Oracle from a "hold" rating to a "buy" rating and raised their target price for the company from $180.00 to $250.00 in a research note on Monday, June 30th. Loop Capital set a $135.00 target price on Oracle in a research note on Tuesday, June 10th. Finally, JPMorgan Chase & Co. lifted their price target on Oracle from $135.00 to $185.00 and gave the company a "neutral" rating in a research note on Thursday, June 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $227.04.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Maria Smith sold 10,000 shares of the stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the transaction, the executive vice president directly owned 40,807 shares of the company's stock, valued at approximately $9,507,622.93. This represents a 19.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 15,000 shares of the stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $214.10, for a total value of $3,211,500.00. Following the transaction, the insider directly owned 60,722 shares of the company's stock, valued at approximately $13,000,580.20. This trade represents a 19.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 444,183 shares of company stock valued at $86,521,198 in the last quarter. Insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of ORCL stock traded down $2.0590 during trading on Thursday, hitting $233.0010. The company's stock had a trading volume of 7,393,078 shares, compared to its average volume of 11,972,899. The company has a market cap of $654.46 billion, a PE ratio of 53.69, a P/E/G ratio of 3.50 and a beta of 1.43. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 4.07. The business has a fifty day moving average of $234.29 and a 200-day moving average of $181.88. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $260.87.

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, beating the consensus estimate of $1.64 by $0.06. The company had revenue of $15.90 billion during 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 quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.63 earnings per share. As a group, research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, July 10th. Oracle's dividend payout ratio is 46.08%.

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.