5,526 Shares in Oracle Co. (NYSE:ORCL) Acquired by Thoma Capital Management LLC

Thoma Capital Management LLC bought a new stake in shares of Oracle Co. (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,526 shares of the enterprise software provider's stock, valued at approximately $921,000. Oracle accounts for about 0.6% of Thoma Capital Management LLC's investment portfolio, making the stock its 21st biggest position.

A number of other large investors have also recently made changes to their positions in ORCL. Cookson Peirce & Co. Inc. lifted its stake in Oracle by 4.4% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider's stock worth $237,000 after acquiring an additional 60 shares during the period. Warther Private Wealth LLC lifted its position in shares of Oracle by 1.8% during the fourth quarter. Warther Private Wealth LLC now owns 3,621 shares of the enterprise software provider's stock valued at $603,000 after buying an additional 63 shares during the last quarter. Howard Bailey Securities LLC lifted its position in shares of Oracle by 2.9% during the fourth quarter. Howard Bailey Securities LLC now owns 2,274 shares of the enterprise software provider's stock valued at $379,000 after buying an additional 64 shares during the last quarter. New England Capital Financial Advisors LLC increased its holdings in shares of Oracle by 6.4% during the fourth quarter. New England Capital Financial Advisors LLC now owns 1,061 shares of the enterprise software provider's stock valued at $177,000 after acquiring an additional 64 shares in the last quarter. Finally, Field & Main Bank increased its holdings in shares of Oracle by 0.3% during the fourth quarter. Field & Main Bank now owns 18,895 shares of the enterprise software provider's stock valued at $3,149,000 after acquiring an additional 65 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORCL has been the topic of several recent analyst reports. UBS Group restated a "market perform" rating on shares of Oracle in a report on Tuesday, March 11th. Mizuho cut their price objective 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. Bank of America cut their price objective on shares of Oracle from $195.00 to $175.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Guggenheim reiterated a "buy" rating and issued a $220.00 price target on shares of Oracle in a report on Thursday, April 3rd. Finally, Royal Bank of Canada set a $145.00 price objective on Oracle and gave the stock a "sector perform" rating in a research report on Tuesday, March 11th. Fourteen analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

Oracle Price Performance

ORCL stock traded down $0.93 during midday trading on Thursday, reaching $162.92. The stock had a trading volume of 6,994,037 shares, compared to its average volume of 9,513,441. Oracle Co. has a 52-week low of $114.55 and a 52-week high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company's fifty day simple moving average is $144.16 and its 200 day simple moving average is $161.61. The company has a market cap of $455.67 billion, a price-to-earnings ratio of 39.83, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27.

Oracle (NYSE:ORCL - Get Free Report) last posted 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 analysts' expectations of $14.40 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The firm's revenue was up 6.4% on a year-over-year basis. 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. Stockholders of record on Thursday, April 10th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is currently 46.95%.

Insider Buying and Selling

In other Oracle 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 transaction, the director now directly owns 58,090 shares of the company's stock, valued at $8,785,531.60. The trade was a 23.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Naomi O. Seligman sold 2,000 shares of Oracle 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 completion of the transaction, the director now directly owns 34,630 shares of the company's stock, 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. In the last ninety days, insiders sold 27,366 shares of company stock valued at $4,015,723. 42.20% of the stock is currently owned by insiders.

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.