Tilia Fiduciary Partners Inc. Acquires Shares of 12,562 Oracle Co. (NYSE:ORCL)

Tilia Fiduciary Partners Inc. acquired a new stake in Oracle Co. (NYSE:ORCL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,562 shares of the enterprise software provider's stock, valued at approximately $1,756,000.

Several other institutional investors also recently bought and sold shares of the business. McClarren Financial Advisors Inc. boosted its stake in shares of Oracle by 201.7% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider's stock worth $266,000 after acquiring an additional 1,069 shares during the last quarter. Cornerstone Advisory LLC boosted its stake in shares of Oracle by 34.1% in the fourth quarter. Cornerstone Advisory LLC now owns 12,968 shares of the enterprise software provider's stock worth $2,258,000 after acquiring an additional 3,299 shares during the last quarter. Peak Retirement Planning Inc. acquired a new stake in shares of Oracle in the fourth quarter worth approximately $211,000. AFT Forsyth & Company Inc. boosted its stake in shares of Oracle by 32.7% in the fourth quarter. AFT Forsyth & Company Inc. now owns 6,739 shares of the enterprise software provider's stock worth $1,123,000 after acquiring an additional 1,659 shares during the last quarter. Finally, Certuity LLC boosted its stake in shares of Oracle by 28.9% in the fourth quarter. Certuity LLC now owns 7,811 shares of the enterprise software provider's stock worth $1,302,000 after acquiring an additional 1,753 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORCL has been the topic of a number of recent research reports. Cantor Fitzgerald lowered their price objective on Oracle from $214.00 to $175.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 11th. Stephens initiated coverage on Oracle in a research note on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 price objective on the stock. BMO Capital Markets lowered their price objective on Oracle from $205.00 to $175.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 11th. Mizuho reduced their target price on Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Finally, DA Davidson reduced their target price on Oracle from $150.00 to $140.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Fourteen investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

Insiders Place Their Bets

In other Oracle news, Director Leon E. Panetta sold 17,500 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $151.24, for a total transaction of $2,646,700.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,866 shares of the business's stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,366 shares of company stock worth $4,015,723 over the last ninety days. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $174.22 on Friday. 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 stock has a 50 day simple moving average of $147.20 and a 200-day simple moving average of $160.46. The company has a market cap of $487.29 billion, a PE ratio of 42.60, a P/E/G ratio of 3.46 and a beta of 1.32. Oracle Co. has a 12-month low of $118.86 and a 12-month high of $198.31.

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

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.15%. This is an increase from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio is 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.

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