Quantinno Capital Management LP Raises Stock Holdings in Oracle Co. (NYSE:ORCL)

Quantinno Capital Management LP boosted its position in shares of Oracle Co. (NYSE:ORCL - Free Report) by 12.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 168,032 shares of the enterprise software provider's stock after acquiring an additional 19,079 shares during the period. Quantinno Capital Management LP's holdings in Oracle were worth $28,001,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ORCL. Requisite Capital Management LLC boosted its stake in Oracle by 2.8% in the 4th quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider's stock worth $373,000 after purchasing an additional 60 shares in the last quarter. Cookson Peirce & Co. Inc. lifted its stake in shares of Oracle by 4.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider's stock worth $237,000 after buying an additional 60 shares during the period. McLean Asset Management Corp lifted its stake in shares of Oracle by 1.1% during the fourth quarter. McLean Asset Management Corp now owns 5,447 shares of the enterprise software provider's stock worth $908,000 after buying an additional 61 shares during the period. Warther Private Wealth LLC grew its holdings in shares of Oracle by 1.8% during the fourth quarter. Warther Private Wealth LLC now owns 3,621 shares of the enterprise software provider's stock valued at $603,000 after buying an additional 63 shares during the last quarter. Finally, Howard Bailey Securities LLC increased its position in shares of Oracle by 2.9% in the 4th quarter. Howard Bailey Securities LLC now owns 2,274 shares of the enterprise software provider's stock valued at $379,000 after acquiring an additional 64 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the sale, the director now directly owns 34,630 shares in the company, valued at $5,049,400.30. This represents a 5.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Leon E. Panetta sold 5,000 shares of Oracle stock in a transaction on Friday, April 11th. The stock was sold at an average price of $129.77, for a total value of $648,850.00. Following the transaction, the director now owns 58,090 shares in the company, valued at approximately $7,538,339.30. This represents a 7.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,366 shares of company stock valued at $4,015,723. Corporate insiders own 42.20% of the company's stock.

Oracle Price Performance

ORCL stock traded up $0.91 during trading on Friday, hitting $160.31. The stock had a trading volume of 8,495,670 shares, compared to its average volume of 9,479,850. The company's 50-day moving average price is $142.91 and its two-hundred day moving average price is $162.49. Oracle Co. has a twelve month low of $114.55 and a twelve month high of $198.31. The stock has a market capitalization of $448.39 billion, a P/E ratio of 39.20, a PEG ratio of 3.46 and a beta of 1.27. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly 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). The firm had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.41 earnings per share. As a group, research analysts predict that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a yield of 1.25%. Oracle's payout ratio is presently 46.95%.

Analyst Ratings Changes

ORCL has been the topic of several research analyst reports. Royal Bank of Canada set a $145.00 price target on Oracle and gave the company a "sector perform" rating in a research note on Tuesday, March 11th. Morgan Stanley cut their price target on shares of Oracle from $170.00 to $160.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. KeyCorp restated an "overweight" rating and set a $200.00 price objective on shares of Oracle in a research note on Tuesday, March 11th. Jefferies Financial Group cut their price objective on shares of Oracle from $220.00 to $190.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Finally, Barclays decreased their target price on shares of Oracle from $212.00 to $202.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. Fourteen analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $174.42.

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.