TFR Capital LLC. Takes Position in Oracle Co. (NYSE:ORCL)

TFR Capital LLC. purchased a new stake in Oracle Co. (NYSE:ORCL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,925 shares of the enterprise software provider's stock, valued at approximately $321,000.

Several other large investors also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of Oracle during the fourth quarter worth about $25,000. Sunbeam Capital Management LLC purchased a new stake in Oracle in the 4th quarter valued at approximately $30,000. Hurley Capital LLC acquired a new stake in shares of Oracle in the fourth quarter worth approximately $33,000. Synergy Investment Management LLC purchased a new position in Oracle in the fourth quarter valued at approximately $34,000. Finally, TFC Financial Management Inc. grew its holdings in Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after purchasing an additional 120 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Leon E. Panetta sold 17,500 shares of Oracle stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $151.24, for a total value of $2,646,700.00. Following the completion of the sale, the director now owns 58,090 shares of the company's stock, valued at approximately $8,785,531.60. This trade represents a 23.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the sale, the director now directly owns 34,630 shares in the company, valued at $5,049,400.30. The trade was a 5.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,366 shares of company stock worth $4,015,723 over the last quarter. 42.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. KeyCorp restated an "overweight" rating and set a $200.00 price target on shares of Oracle in a research report on Tuesday, March 11th. Morgan Stanley cut their target price on Oracle from $170.00 to $160.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Wall Street Zen downgraded Oracle from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Evercore ISI lowered their price target on Oracle from $200.00 to $185.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. Finally, Cantor Fitzgerald lowered their price target on Oracle from $214.00 to $175.00 and set an "overweight" 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $174.42.

Oracle Stock Up 1.3%

Shares of NYSE:ORCL traded up $2.05 during midday trading on Friday, reaching $164.95. The company had a trading volume of 4,003,343 shares, compared to its average volume of 9,492,842. Oracle Co. has a 1-year low of $114.55 and a 1-year high of $198.31. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a market cap of $461.34 billion, a PE ratio of 40.33, a P/E/G ratio of 3.46 and a beta of 1.27. The business's 50 day moving average price is $144.32 and its 200 day moving average price is $161.43.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 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 firm had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same period in the prior year, the company earned $1.41 earnings per share. The business's quarterly revenue was up 6.4% compared to the same quarter last year. Research analysts forecast that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.21%. This is a boost from Oracle's previous quarterly dividend of $0.40. The ex-dividend date was Thursday, April 10th. Oracle's dividend payout ratio is presently 46.95%.

Oracle Company 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.