Investor s Fiduciary Advisor Network LLC Takes Position in Oracle Co. (NYSE:ORCL)

Investor s Fiduciary Advisor Network LLC purchased a new stake in shares of Oracle Co. (NYSE:ORCL - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 2,754 shares of the enterprise software provider's stock, valued at approximately $458,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ORCL. McClarren Financial Advisors Inc. lifted its holdings in shares of Oracle by 201.7% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider's stock valued at $266,000 after purchasing an additional 1,069 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of Oracle by 24.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider's stock valued at $27,428,000 after purchasing an additional 32,718 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of Oracle during the fourth quarter worth $1,800,000. Boston Trust Walden Corp raised its holdings in shares of Oracle by 40.8% during the fourth quarter. Boston Trust Walden Corp now owns 564,030 shares of the enterprise software provider's stock worth $93,990,000 after acquiring an additional 163,543 shares in the last quarter. Finally, Avanza Fonder AB purchased a new stake in shares of Oracle during the fourth quarter worth $20,346,000. 42.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Naomi O. Seligman sold 2,866 shares of the business'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 transaction, the director now owns 31,764 shares in the company, valued at $4,749,670.92. The trade was a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Leon E. Panetta sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $129.77, for a total transaction of $648,850.00. Following the completion of the transaction, the director now owns 58,090 shares of the company's stock, valued at $7,538,339.30. This trade represents a 7.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,366 shares of company stock worth $4,015,723 in the last quarter. Insiders own 42.20% of the company's stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of several recent research reports. BMO Capital Markets cut their price objective on Oracle from $205.00 to $175.00 and set a "market perform" rating for the company in a report on Tuesday, March 11th. Guggenheim restated a "buy" rating and set a $220.00 target price on shares of Oracle in a report on Thursday, April 3rd. KeyCorp restated an "overweight" rating and set a $200.00 target price on shares of Oracle in a report on Tuesday, March 11th. 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 report on Monday, March 31st. Finally, DA Davidson cut their target price on Oracle from $150.00 to $140.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Fourteen research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average price target of $174.42.

Oracle Price Performance

NYSE ORCL traded up $0.17 during trading on Wednesday, reaching $162.44. 7,495,586 shares of the company traded hands, compared to its average volume of 9,438,959. Oracle Co. has a 1-year low of $114.55 and a 1-year high of $198.31. The stock's 50 day moving average price is $142.26 and its two-hundred day moving average price is $162.76. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $454.34 billion, a price-to-earnings ratio of 39.72, a P/E/G ratio of 3.46 and a beta of 1.27.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 last year, the firm posted $1.41 EPS. The business's revenue was up 6.4% on a year-over-year basis. As a group, analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.23%. The ex-dividend date was Thursday, April 10th. This is a boost from Oracle's previous quarterly dividend of $0.40. Oracle's payout ratio is 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.