Vanguard Personalized Indexing Management LLC Has $16.75 Million Stake in Oracle Co. (NYSE:ORCL)

Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Oracle Co. (NYSE:ORCL - Free Report) by 8.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,838 shares of the enterprise software provider's stock after purchasing an additional 12,460 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Oracle were worth $16,746,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Wellington Management Group LLP boosted its position in Oracle by 9,299.3% in the 3rd quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider's stock valued at $865,472,000 after buying an additional 8,084,067 shares during the last quarter. Vanguard Group Inc. boosted its position in Oracle by 5.7% in the 3rd quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider's stock valued at $15,599,200,000 after buying an additional 7,883,515 shares during the last quarter. Boston Partners boosted its position in Oracle by 382.4% in the 4th quarter. Boston Partners now owns 4,563,366 shares of the enterprise software provider's stock valued at $481,820,000 after buying an additional 3,617,413 shares during the last quarter. DNB Asset Management AS boosted its position in Oracle by 313.4% in the 4th quarter. DNB Asset Management AS now owns 1,766,621 shares of the enterprise software provider's stock valued at $186,255,000 after buying an additional 1,339,311 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in Oracle by 26,602.4% in the 4th quarter. International Assets Investment Management LLC now owns 1,259,550 shares of the enterprise software provider's stock valued at $132,794,000 after buying an additional 1,254,833 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 790,000 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $126.54, for a total value of $99,966,600.00. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $141,546,631.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Safra Catz sold 790,000 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $126.54, for a total value of $99,966,600.00. Following the completion of the sale, the chief executive officer now owns 1,118,592 shares in the company, valued at $141,546,631.68. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director George H. Conrades sold 20,000 shares of Oracle stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $116.00, for a total value of $2,320,000.00. Following the sale, the director now owns 17,836 shares in the company, valued at $2,068,976. The disclosure for this sale can be found here. Insiders sold 880,000 shares of company stock worth $110,488,150 over the last three months. Company insiders own 42.80% of the company's stock.

Oracle Price Performance

ORCL traded up $0.80 during trading on Wednesday, hitting $121.67. 6,600,520 shares of the stock traded hands, compared to its average volume of 8,151,612. Oracle Co. has a twelve month low of $96.92 and a twelve month high of $132.77. The company has a market cap of $334.41 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.33 and a beta of 1.03. The company has a debt-to-equity ratio of 13.34, a current ratio of 0.85 and a quick ratio of 0.85. The business has a 50 day moving average price of $120.71 and a 200 day moving average price of $114.12.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.04. The company had revenue of $13.28 billion during the quarter, compared to the consensus estimate of $13.29 billion. Oracle had a net margin of 20.27% and a return on equity of 336.11%. The company's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.96 earnings per share. Equities research analysts forecast that Oracle Co. will post 4.44 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. Oracle's payout ratio is 42.22%.

Analysts Set New Price Targets

Several research analysts have weighed in on ORCL shares. KeyCorp started coverage on Oracle in a report on Thursday, March 21st. They set an "overweight" rating and a $150.00 target price on the stock. William Blair raised Oracle from a "market perform" rating to an "outperform" rating in a research note on Tuesday, March 12th. HSBC lifted their price target on Oracle from $144.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, March 13th. StockNews.com raised Oracle from a "hold" rating to a "buy" rating in a research note on Thursday, May 9th. Finally, The Goldman Sachs Group lifted their price target on Oracle from $115.00 to $130.00 and gave the company a "neutral" rating in a research note on Wednesday, March 13th. Ten analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $130.76.

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.

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