Vista Investment Partners II LLC Has $2.84 Million Stock Holdings in Oracle Corporation (NYSE:ORCL)

Vista Investment Partners II LLC grew its position in Oracle Corporation (NYSE:ORCL - Free Report) by 10.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,301 shares of the enterprise software provider's stock after purchasing an additional 1,953 shares during the period. Oracle comprises approximately 1.6% of Vista Investment Partners II LLC's holdings, making the stock its 20th biggest holding. Vista Investment Partners II LLC's holdings in Oracle were worth $2,838,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ORCL. Norges Bank acquired a new stake in shares of Oracle in the 4th quarter valued at $2,216,314,000. Raymond James Financial Inc. acquired a new stake in shares of Oracle in the 4th quarter valued at $930,095,000. GAMMA Investing LLC lifted its position in Oracle by 15,012.3% during the 1st quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock worth $664,810,000 after buying an additional 4,723,631 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Oracle by 20.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,825,360 shares of the enterprise software provider's stock worth $2,303,858,000 after buying an additional 2,350,448 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Oracle by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 157,411,949 shares of the enterprise software provider's stock worth $26,231,127,000 after buying an additional 2,296,069 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 12th. Stifel Nicolaus upped their price target on shares of Oracle from $150.00 to $180.00 and gave the stock a "hold" rating in a research report on Thursday, June 12th. BMO Capital Markets upgraded shares of Oracle from a "market perform" rating to an "outperform" rating and upped their price target for the stock from $200.00 to $235.00 in a research report on Friday, June 13th. Evercore ISI reiterated a "buy" rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Stephens assumed coverage on shares of Oracle in a research report on Wednesday, March 19th. They set an "equal weight" rating and a $167.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $197.67.

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 15,000 shares of the stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $214.10, for a total transaction of $3,211,500.00. Following the completion of the sale, the insider now directly owns 60,722 shares of the company's stock, valued at approximately $13,000,580.20. This represents a 19.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $190.42, for a total transaction of $76,168,000.00. Following the transaction, the insider now directly owns 1,097,576 shares of the company's stock, valued at $209,000,421.92. This represents a 26.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 442,366 shares of company stock valued at $83,395,223. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Performance

Shares of ORCL stock opened at $210.16 on Friday. 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 stock has a market cap of $590.31 billion, a PE ratio of 48.42, a price-to-earnings-growth ratio of 3.19 and a beta of 1.32. The stock has a 50-day moving average of $168.42 and a 200-day moving average of $162.36. Oracle Corporation has a one year low of $118.86 and a one year high of $216.93.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. Oracle had a return on equity of 87.34% and a net margin of 21.68%. The company had revenue of $15.90 billion during the quarter, compared to analysts' expectations of $15.58 billion. During the same period in the prior year, the business posted $1.63 EPS. Oracle's revenue was up 11.3% on a year-over-year basis. As a group, sell-side 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. Investors of record on Thursday, July 10th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 0.95%. Oracle's payout ratio is 46.08%.

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.

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