TFR Capital LLC. Acquires Shares of 1,925 Oracle Co. (NYSE:ORCL)

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

Other hedge funds and other institutional investors have also made changes to their positions in the company. Plotkin Financial Advisors LLC increased its holdings in Oracle by 1.9% in the 4th quarter. Plotkin Financial Advisors LLC now owns 8,635 shares of the enterprise software provider's stock valued at $1,439,000 after purchasing an additional 162 shares during the last quarter. Probity Advisors Inc. increased its holdings in Oracle by 14.0% in the 4th quarter. Probity Advisors Inc. now owns 3,725 shares of the enterprise software provider's stock valued at $621,000 after purchasing an additional 458 shares during the last quarter. Dogwood Wealth Management LLC increased its holdings in Oracle by 2.3% in the 4th quarter. Dogwood Wealth Management LLC now owns 8,011 shares of the enterprise software provider's stock valued at $1,335,000 after purchasing an additional 179 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in Oracle in the 4th quarter valued at approximately $286,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Oracle in the 4th quarter valued at approximately $216,047,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $156.04 on Tuesday. The company's fifty day moving average price is $143.76 and its 200 day moving average price is $161.60. Oracle Co. has a 12 month low of $114.55 and a 12 month high of $198.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $436.44 billion, a P/E ratio of 38.15, a P/E/G ratio of 3.46 and a beta of 1.27.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly 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 company had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the business earned $1.41 earnings per share. Oracle's revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal 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 paid a dividend of $0.50 per share. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio (DPR) is currently 46.95%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ORCL. Barclays decreased their price target on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Monness Crespi & Hardt raised shares of Oracle from a "sell" rating to a "neutral" rating in a research report on Monday, March 3rd. Jefferies Financial Group decreased their price target on shares of Oracle from $220.00 to $190.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Mizuho decreased their price target on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, Westpark Capital began coverage on shares of Oracle in a research report on Tuesday, April 1st. They issued a "buy" rating and a $195.00 price target for the company. 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $174.42.

Insider Buying and Selling

In other Oracle news, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction on Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the transaction, the director now directly owns 58,090 shares in the company, valued at approximately $7,538,339.30. The trade was a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of Oracle 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 completion of the transaction, the director now owns 34,630 shares in the company, valued at approximately $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. Insiders have sold 27,366 shares of company stock worth $4,015,723 in the last ninety days. 42.20% of the stock is owned by corporate 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.

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