Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in Oracle Corporation (NYSE:ORCL)

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 0.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,307,586 shares of the enterprise software provider's stock after purchasing an additional 11,095 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Oracle were worth $182,814,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after purchasing an additional 107,404 shares during the period. Rockland Trust Co. increased its position in Oracle by 4.8% in the 1st quarter. Rockland Trust Co. now owns 10,165 shares of the enterprise software provider's stock valued at $1,421,000 after buying an additional 467 shares in the last quarter. Calamos Advisors LLC raised its stake in Oracle by 1.5% during the 1st quarter. Calamos Advisors LLC now owns 711,290 shares of the enterprise software provider's stock worth $99,445,000 after buying an additional 10,426 shares during the period. Cornerstone Advisory LLC boosted its holdings in 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 in the last quarter. Finally, Peak Retirement Planning Inc. acquired a new stake in Oracle in the fourth quarter valued at approximately $211,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on ORCL. Citigroup raised shares of Oracle from a "hold" rating to a "strong-buy" rating in a report on Friday. Bank of America lifted their target price on shares of Oracle from $156.00 to $220.00 and gave the stock a "neutral" rating in a research report on Thursday, June 12th. Westpark Capital upped their target price on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Cowen reiterated a "buy" rating on shares of Oracle in a report on Thursday, June 12th. Finally, Mizuho cut their price objective on Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Nine analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Oracle has a consensus rating of "Moderate Buy" and an average target price of $218.29.

Insiders Place Their Bets

In other Oracle news, Director Leon E. Panetta sold 17,500 shares of the company's 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 sale, the director owned 58,090 shares in the company, valued at $8,785,531.60. This represents a 23.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 448,669 shares of company stock valued at $85,555,309. 42.20% of the stock is currently owned by corporate insiders.

Oracle Stock Down 2.1%

NYSE ORCL traded down $5.17 during mid-day trading on Tuesday, reaching $238.37. The stock had a trading volume of 11,355,365 shares, compared to its average volume of 10,382,317. The stock has a market cap of $669.53 billion, a PE ratio of 54.92, a price-to-earnings-growth ratio of 3.63 and a beta of 1.39. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $251.60. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The company has a fifty day moving average price of $196.21 and a 200 day moving average price of $168.97.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The firm had revenue of $15.90 billion for the quarter, compared to the consensus estimate of $15.58 billion. During the same quarter last year, the firm posted $1.63 EPS. The business's quarterly revenue was up 11.3% compared to the same quarter last year. On average, research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 0.84%. Oracle's dividend payout ratio is currently 46.08%.

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.