Oracle Co. (NYSE:ORCL) Shares Purchased by Stratos Investment Management LLC

Stratos Investment Management LLC lifted its stake in Oracle Co. (NYSE:ORCL) by 13.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,011 shares of the enterprise software provider’s stock after acquiring an additional 703 shares during the quarter. Stratos Investment Management LLC’s holdings in Oracle were worth $1,002,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ORCL. Principal Financial Group Inc. lifted its holdings in Oracle by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock worth $411,748,000 after buying an additional 121,874 shares in the last quarter. RMR Wealth Builders lifted its holdings in Oracle by 383.4% during the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock worth $1,192,000 after buying an additional 5,675 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in Oracle by 24.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock worth $27,428,000 after buying an additional 32,718 shares in the last quarter. Crews Bank & Trust acquired a new stake in Oracle during the 4th quarter worth approximately $1,800,000. Finally, Chase Investment Counsel Corp acquired a new stake in shares of Oracle in the 3rd quarter valued at $4,160,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 0.4 %

ORCL stock opened at $167.98 on Wednesday. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a one year low of $106.51 and a one year high of $198.31. The company has a fifty day moving average of $171.50 and a 200-day moving average of $163.79. The stock has a market capitalization of $469.83 billion, a PE ratio of 41.07, a price-to-earnings-growth ratio of 3.35 and a beta of 1.05.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 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 company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter last year, the business earned $1.34 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, analysts expect that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of Oracle from a “hold” rating to a “buy” rating in a report on Saturday. Piper Sandler raised their price objective on shares of Oracle from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. DA Davidson raised their price objective on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Finally, JMP Securities restated a “market outperform” rating and issued a $205.00 price objective on shares of Oracle in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 42.20% of the company’s stock.

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.