State of Wyoming Has $1.14 Million Holdings in Oracle Co. (NYSE:ORCL)

State of Wyoming lifted its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 406.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,832 shares of the enterprise software provider's stock after acquiring an additional 5,482 shares during the quarter. State of Wyoming's holdings in Oracle were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hennion & Walsh Asset Management Inc. increased its holdings in Oracle by 25.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,311 shares of the enterprise software provider's stock valued at $1,552,000 after purchasing an additional 1,884 shares during the period. Certified Advisory Corp grew its position in shares of Oracle by 1.8% in the 4th quarter. Certified Advisory Corp now owns 4,600 shares of the enterprise software provider's stock valued at $767,000 after buying an additional 83 shares during the last quarter. Empirical Asset Management LLC increased its stake in shares of Oracle by 32.3% in the fourth quarter. Empirical Asset Management LLC now owns 15,413 shares of the enterprise software provider's stock valued at $2,568,000 after buying an additional 3,761 shares during the period. Capital & Planning LLC raised its position in shares of Oracle by 0.5% during the fourth quarter. Capital & Planning LLC now owns 15,727 shares of the enterprise software provider's stock worth $2,621,000 after acquiring an additional 81 shares during the last quarter. Finally, Boston Common Asset Management LLC raised its position in shares of Oracle by 1.6% during the fourth quarter. Boston Common Asset Management LLC now owns 24,716 shares of the enterprise software provider's stock worth $4,119,000 after acquiring an additional 386 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other news, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the completion of the transaction, the director now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 2,866 shares of the business's stock in a transaction that occurred on 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 now directly owns 31,764 shares in the company, valued at approximately $4,749,670.92. This trade represents a 8.28% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,366 shares of company stock valued at $4,015,723. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of ORCL opened at $160.31 on Friday. The firm has a market capitalization of $448.39 billion, a P/E ratio of 39.20, a P/E/G ratio of 3.46 and a beta of 1.27. The stock has a 50 day moving average price of $142.91 and a two-hundred day moving average price of $162.49. Oracle Co. has a 52 week low of $114.55 and a 52 week 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.

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

Oracle Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were paid a $0.50 dividend. This is an increase from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 annualized dividend and a yield of 1.25%. Oracle's dividend payout ratio is presently 46.95%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Cantor Fitzgerald decreased their target price on shares of Oracle from $214.00 to $175.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Royal Bank of Canada set a $145.00 price objective on shares of Oracle and gave the company a "sector perform" rating in a research note on Tuesday, March 11th. StockNews.com downgraded shares of Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Mizuho dropped their target price on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Evercore ISI cut their price target on shares of Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Fourteen research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and a consensus price target of $174.42.

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.

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