Oracle Co. (NYSE:ORCL) Holdings Increased by Guardian Wealth Advisors LLC NC

Guardian Wealth Advisors LLC NC increased its holdings in Oracle Co. (NYSE:ORCL - Free Report) by 59.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,489 shares of the enterprise software provider's stock after acquiring an additional 3,915 shares during the quarter. Guardian Wealth Advisors LLC NC's holdings in Oracle were worth $1,748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Fortitude Family Office LLC raised its holdings in shares of Oracle by 16.7% in the fourth quarter. Fortitude Family Office LLC now owns 1,036 shares of the enterprise software provider's stock valued at $173,000 after buying an additional 148 shares during the last quarter. Baker Tilly Wealth Management LLC raised its holdings in shares of Oracle by 7.3% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 19,584 shares of the enterprise software provider's stock valued at $3,264,000 after buying an additional 1,340 shares during the last quarter. ORG Partners LLC raised its holdings in shares of Oracle by 2.2% in the fourth quarter. ORG Partners LLC now owns 6,005 shares of the enterprise software provider's stock valued at $1,001,000 after buying an additional 130 shares during the last quarter. ORG Wealth Partners LLC raised its holdings in shares of Oracle by 22.1% in the fourth quarter. ORG Wealth Partners LLC now owns 3,747 shares of the enterprise software provider's stock valued at $624,000 after buying an additional 678 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Oracle in the fourth quarter valued at about $454,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ORCL. Monness Crespi & Hardt raised shares of Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. Guggenheim reissued a "buy" rating and set a $220.00 price target on shares of Oracle in a report on Thursday, April 3rd. DA Davidson cut their price target on shares of Oracle from $150.00 to $140.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Stifel Nicolaus cut their price target on shares of Oracle from $175.00 to $150.00 and set a "hold" rating for the company in a report on Tuesday, March 11th. Finally, Westpark Capital assumed coverage on shares of Oracle in a report on Tuesday, April 1st. They set a "buy" rating and a $195.00 price target for the company. Fourteen research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and a consensus price target of $174.42.

Insider Activity at Oracle

In other news, Director Leon E. Panetta sold 17,500 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $8,785,531.60. This trade represents a 23.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,000 shares of Oracle stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the completion of the sale, the director now owns 34,630 shares in the company, valued at approximately $5,049,400.30. This represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 27,366 shares of company stock valued at $4,015,723. Corporate insiders own 42.20% of the company's stock.

Oracle Trading Up 4.5%

ORCL traded up $6.84 during trading on Monday, hitting $157.18. 7,872,284 shares of the company's stock were exchanged, compared to its average volume of 9,448,946. The stock has a 50 day moving average price of $142.12 and a 200 day moving average price of $162.87. Oracle Co. has a 1 year low of $114.55 and a 1 year high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market cap of $439.62 billion, a P/E ratio of 38.43, a price-to-earnings-growth ratio of 3.46 and a beta of 1.27.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 company had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the company posted $1.41 earnings per share. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. As a group, analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.27%. This is a positive change from Oracle's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, April 10th. Oracle's dividend payout ratio (DPR) is presently 46.95%.

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.