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

United Advisor Group LLC lessened its stake in Oracle Co. (NYSE:ORCL - Free Report) by 50.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Capital & Planning LLC increased its stake in shares of Oracle by 0.5% during the fourth quarter. Capital & Planning LLC now owns 15,727 shares of the enterprise software provider's stock worth $2,621,000 after purchasing an additional 81 shares during the period. Brighton Jones LLC raised its position in Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Oracle by 1.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 100,994 shares of the enterprise software provider's stock worth $16,830,000 after acquiring an additional 1,187 shares in the last quarter. Drive Wealth Management LLC raised its position in shares of Oracle by 1.0% in the 4th quarter. Drive Wealth Management LLC now owns 6,958 shares of the enterprise software provider's stock worth $1,160,000 after acquiring an additional 67 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of Oracle by 4.6% in the 4th quarter. PFG Investments LLC now owns 38,479 shares of the enterprise software provider's stock valued at $6,412,000 after buying an additional 1,677 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,866 shares of the company's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $149.53, for a total value of $428,552.98. Following the completion of the sale, the director now owns 31,764 shares of the company's stock, valued at approximately $4,749,670.92. This represents a 8.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Leon E. Panetta sold 17,500 shares of the stock in a transaction on Friday, May 2nd. The stock was 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. This represents a 23.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,366 shares of company stock valued at $4,015,723 over the last quarter. 42.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of research analyst reports. Jefferies Financial Group cut their target price on Oracle from $220.00 to $190.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Bank of America decreased their price target 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. Stephens initiated coverage on shares of Oracle in a research report on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 target price for the company. JPMorgan Chase & Co. cut their price target on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. Finally, Monness Crespi & Hardt raised Oracle from a "sell" rating to a "neutral" rating in a research note on Monday, March 3rd. Fourteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $174.42.

Oracle Price Performance

Shares of NYSE ORCL traded up $5.87 during mid-day trading on Tuesday, reaching $161.84. 6,969,407 shares of the company traded hands, compared to its average volume of 9,499,682. The firm has a market cap of $452.66 billion, a PE ratio of 39.57, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27. Oracle Co. has a fifty-two week low of $114.55 and a fifty-two week 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 stock has a fifty day simple moving average of $143.94 and a 200-day simple moving average of $161.60.

Oracle (NYSE:ORCL - Get Free Report) last posted 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). 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 company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.41 EPS. Equities research analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.24%. This is a boost from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is presently 46.95%.

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.