SSA Swiss Advisors AG Makes New Investment in Oracle Corporation (NYSE:ORCL)

Key Points

• SSA Swiss Advisors AG has invested approximately $2.63 million in Oracle Corporation (NYSE:ORCL), acquiring 18,865 shares of the company in the first quarter.
• In the last quarter, insiders have sold 448,669 shares of Oracle stock, valued at over $85 million, while Director Rona Alison Fairhead and Director Naomi O. Seligman made recent transactions affecting their ownership.
• Oracle reported a quarterly earnings per share of $1.70, surpassing analysts' estimates, with revenue of $15.90 billion for the quarter, reflecting an 11.3% year-over-year growth.

SSA Swiss Advisors AG purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 18,865 shares of the enterprise software provider's stock, valued at approximately $2,630,000.

Several other institutional investors have also bought and sold shares of ORCL. Greenwood Gearhart Inc. lifted its stake in 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 purchasing an additional 66 shares during the last quarter. Hurlow Wealth Management Group Inc. lifted its position in shares of Oracle by 1.7% during the 4th quarter. Hurlow Wealth Management Group Inc. now owns 4,149 shares of the enterprise software provider's stock valued at $691,000 after acquiring an additional 70 shares during the last quarter. Flynn Zito Capital Management LLC lifted its holdings in shares of Oracle by 1.7% during the first quarter. Flynn Zito Capital Management LLC now owns 4,333 shares of the enterprise software provider's stock valued at $606,000 after purchasing an additional 71 shares during the last quarter. Private Wealth Management Group LLC lifted its holdings in shares of Oracle by 14.9% during the first quarter. Private Wealth Management Group LLC now owns 556 shares of the enterprise software provider's stock valued at $78,000 after purchasing an additional 72 shares during the last quarter. Finally, Woodley Farra Manion Portfolio Management Inc. lifted its holdings in shares of Oracle by 4.8% during the first quarter. Woodley Farra Manion Portfolio Management Inc. now owns 1,562 shares of the enterprise software provider's stock valued at $218,000 after purchasing an additional 72 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Performance

ORCL stock traded up $0.56 on Wednesday, reaching $250.54. 8,386,083 shares of the company were exchanged, compared to its average volume of 11,441,882. The stock's fifty day moving average price is $209.84 and its 200 day moving average price is $173.44. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $253.07. 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 firm has a market capitalization of $703.72 billion, a PE ratio of 57.73, a PEG ratio of 3.73 and a beta of 1.39.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly 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. Oracle had a return on equity of 87.34% and a net margin of 21.68%. The firm had revenue of $15.90 billion for the quarter, compared to analyst estimates of $15.58 billion. During the same period in the previous year, the company posted $1.63 earnings per share. The company's quarterly revenue was up 11.3% compared to the same quarter last year. On average, research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.80%. The ex-dividend date was Thursday, July 10th. Oracle's dividend payout ratio (DPR) is presently 46.08%.

Wall Street Analyst Weigh In

Several research firms have weighed in on ORCL. UBS Group lifted their price objective on shares of Oracle from $250.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. DA Davidson increased their price objective on Oracle from $140.00 to $170.00 and gave the stock a "neutral" rating in a report on Thursday, June 12th. Stifel Nicolaus upgraded Oracle from a "hold" rating to a "buy" rating and boosted their target price for the company from $180.00 to $250.00 in a research note on Monday, June 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $240.00 price target (up from $200.00) on shares of Oracle in a report on Thursday, June 12th. Finally, Westpark Capital lifted their price target on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Nine equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $218.29.

Insider Transactions at Oracle

In other news, insider Clayton M. Magouyrk sold 15,000 shares of the company's stock in a transaction dated 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 sale, the insider owned 60,722 shares of the company's stock, valued at approximately $13,000,580.20. This represents a 19.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Maria Smith sold 10,000 shares of the company's stock in a transaction dated 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 sale, the executive vice president directly owned 40,807 shares in the company, valued at $9,507,622.93. This represents a 19.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 448,669 shares of company stock valued at $85,555,309. 42.20% of the stock is owned by insiders.

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.