United Advisor Group LLC Has $296,000 Stock Position in Oracle Co. (NYSE:ORCL)

United Advisor Group LLC lessened its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 50.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,775 shares of the enterprise software provider's stock after selling 1,803 shares during the quarter. United Advisor Group LLC's holdings in Oracle were worth $296,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Oracle during the fourth quarter valued at approximately $25,000. Sunbeam Capital Management LLC purchased a new stake in shares of Oracle in the fourth quarter valued at approximately $30,000. Hurley Capital LLC purchased a new stake in shares of Oracle in the fourth quarter valued at approximately $33,000. Synergy Investment Management LLC purchased a new stake in shares of Oracle in the fourth quarter valued at approximately $34,000. Finally, TFC Financial Management Inc. increased its position in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after buying an additional 120 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity at Oracle

In related news, Director Leon E. Panetta sold 17,500 shares of the firm's stock in a transaction that occurred on 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. This trade represents a 23.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction that occurred on 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 $5,049,400.30. The trade was a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,366 shares of company stock valued at $4,015,723 in the last three months. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Down 0.6%

Shares of ORCL traded down $0.93 during mid-day trading on Thursday, reaching $162.92. The company's stock had a trading volume of 6,988,084 shares, compared to its average volume of 9,494,374. Oracle Co. has a 12-month low of $114.55 and a 12-month high of $198.31. The stock has a market cap of $455.67 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27. 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 company's 50 day moving average is $144.16 and its 200 day moving average is $161.61.

Oracle (NYSE:ORCL - Get Free Report) last released 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 business had revenue of $14.13 billion during the quarter, compared to analysts' expectations of $14.40 billion. During the same quarter in the previous year, the company posted $1.41 EPS. The company's revenue was up 6.4% compared to the same quarter last year. Equities analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 10th. This is a boost from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.23%. Oracle's dividend payout ratio is 46.95%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Mizuho dropped their price target on Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Stephens assumed coverage on Oracle in a research report on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 price target for the company. Barclays dropped their price target on Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Stifel Nicolaus dropped their price target on Oracle from $175.00 to $150.00 and set a "hold" rating for the company in a research report on Tuesday, March 11th. Finally, Royal Bank of Canada set a $145.00 price target on Oracle and gave the stock a "sector perform" rating in a research report on Tuesday, March 11th. Fourteen research 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 company. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average price target of $174.42.

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.