Yousif Capital Management LLC Trims Holdings in Oracle Co. (NYSE:ORCL)

Yousif Capital Management LLC reduced its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 1.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 207,599 shares of the enterprise software provider's stock after selling 2,150 shares during the period. Yousif Capital Management LLC's holdings in Oracle were worth $29,024,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sunbeam Capital Management LLC bought a new position in Oracle in the 4th quarter worth $30,000. Hurley Capital LLC bought a new stake in Oracle during the 4th quarter worth approximately $33,000. Synergy Investment Management LLC purchased a new stake in shares of Oracle in the fourth quarter worth $34,000. TFC Financial Management Inc. raised its position in shares of Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after purchasing an additional 120 shares during the period. Finally, Mpwm Advisory Solutions LLC purchased a new position in shares of Oracle during the 4th quarter valued at $36,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oracle news, Director Leon E. Panetta sold 17,500 shares of Oracle stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $151.24, for a total value of $2,646,700.00. Following the transaction, the director now directly owns 58,090 shares of the company's stock, valued at approximately $8,785,531.60. The trade was a 23.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,866 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $149.53, for a total value of $428,552.98. Following the transaction, the director now directly owns 31,764 shares in the company, valued at $4,749,670.92. This represents a 8.28% 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 worth $4,015,723 over the last 90 days. Company insiders own 42.20% of the company's stock.

Oracle Stock Up 0.3%

Shares of ORCL stock traded up $0.46 during mid-day trading on Tuesday, hitting $177.61. The stock had a trading volume of 11,039,682 shares, compared to its average volume of 9,517,049. Oracle Co. has a 12-month low of $118.86 and a 12-month 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 firm's 50-day moving average is $147.83 and its two-hundred day moving average is $160.13. The firm has a market capitalization of $496.77 billion, a P/E ratio of 43.43, a price-to-earnings-growth ratio of 3.46 and a beta of 1.32.

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

Analyst Upgrades and Downgrades

ORCL has been the subject of a number of analyst reports. Mizuho cut their price target on Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Cantor Fitzgerald cut their target price on Oracle from $214.00 to $175.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. DA Davidson lowered their price target on Oracle from $150.00 to $140.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Evercore ISI dropped their price target on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Oracle from $140.00 to $135.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 11th. Thirteen analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and an average target price of $177.35.

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.