Oracle Co. (NYSE:ORCL) Shares Sold by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI reduced its holdings in Oracle Co. (NYSE:ORCL) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,311 shares of the enterprise software provider’s stock after selling 423 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in Oracle were worth $885,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in shares of Oracle during the second quarter valued at $27,000. Quest Partners LLC bought a new position in Oracle in the 2nd quarter valued at about $40,000. Reston Wealth Management LLC acquired a new position in Oracle during the 3rd quarter valued at about $44,000. Avondale Wealth Management bought a new stake in shares of Oracle during the 3rd quarter worth about $51,000. Finally, Friedenthal Financial acquired a new stake in shares of Oracle in the 3rd quarter worth approximately $51,000. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Guggenheim lifted their price target on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Melius Research upgraded Oracle from a “hold” rating to a “buy” rating in a report on Monday, September 16th. Citigroup lifted their target price on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Finally, Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $181.48.

Oracle Stock Down 4.5 %

Shares of NYSE:ORCL traded down $7.39 during midday trading on Friday, hitting $155.35. 7,060,749 shares of the stock were exchanged, compared to its average volume of 6,647,369. The business’s fifty day simple moving average is $177.93 and its two-hundred day simple moving average is $160.63. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.72 and a current ratio of 0.81. Oracle Co. has a 52-week low of $103.54 and a 52-week high of $198.31. The company has a market capitalization of $434.51 billion, a PE ratio of 37.98, a P/E/G ratio of 3.39 and a beta of 1.06.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the firm earned $1.34 earnings per share. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, research analysts predict that Oracle Co. will post 5.03 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. Oracle’s dividend payout ratio (DPR) is 39.12%.

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.