Oracle Co. (NYSE:ORCL) Shares Sold by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH trimmed its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 95.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,054 shares of the enterprise software provider's stock after selling 67,647 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Oracle were worth $509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. McClarren Financial Advisors Inc. lifted its holdings in Oracle by 201.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider's stock worth $266,000 after buying an additional 1,069 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of Oracle by 24.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider's stock valued at $27,428,000 after purchasing an additional 32,718 shares during the last quarter. Crews Bank & Trust purchased a new stake in shares of Oracle in the 4th quarter valued at about $1,800,000. Boston Trust Walden Corp lifted its holdings in shares of Oracle by 40.8% in the 4th quarter. Boston Trust Walden Corp now owns 564,030 shares of the enterprise software provider's stock valued at $93,990,000 after purchasing an additional 163,543 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in shares of Oracle by 10.8% in the 4th quarter. CENTRAL TRUST Co now owns 43,851 shares of the enterprise software provider's stock valued at $7,307,000 after purchasing an additional 4,259 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several research reports. Westpark Capital initiated coverage on Oracle in a report on Tuesday, April 1st. They issued a "buy" rating and a $195.00 target price for the company. UBS Group reissued a "market perform" rating on shares of Oracle in a report on Tuesday, March 11th. Stephens initiated coverage on Oracle in a report on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 target price for the company. Citigroup dropped their price target on Oracle from $194.00 to $160.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Finally, Stifel Nicolaus dropped their price target on Oracle from $175.00 to $150.00 and set a "hold" rating on the stock in a research report on Tuesday, March 11th. Fourteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $174.42.

Insider Activity at Oracle

In other news, Director Leon E. Panetta sold 5,000 shares of the firm's stock in a transaction dated Friday, April 11th. The stock was sold at an average price of $129.77, for a total transaction of $648,850.00. Following the completion of the sale, the director now directly owns 58,090 shares in the company, valued at $7,538,339.30. This trade represents a 7.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the sale, the director now owns 34,630 shares of the company's stock, valued at $5,049,400.30. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 27,366 shares of company stock worth $4,015,723. Corporate insiders own 42.20% of the company's stock.

Oracle Price Performance

ORCL stock traded up $0.41 on Tuesday, reaching $160.05. The company had a trading volume of 7,569,800 shares, compared to its average volume of 9,489,355. Oracle Co. has a 1 year low of $114.55 and a 1 year high of $198.31. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The company's fifty day moving average is $143.08 and its 200 day moving average is $162.38. The company has a market cap of $447.65 billion, a P/E ratio of 39.13, a PEG ratio of 3.46 and a beta of 1.27.

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

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were issued 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 yield of 1.25%. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio is currently 46.95%.

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.