Oracle Co. (NYSE:ORCL) Shares Purchased by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC boosted its holdings in shares of Oracle Co. (NYSE:ORCL) by 5.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,624 shares of the enterprise software provider’s stock after purchasing an additional 316 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Oracle were worth $1,104,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ORCL. Principal Financial Group Inc. boosted its stake 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 valued at $411,748,000 after acquiring an additional 121,874 shares during the last quarter. McClarren Financial Advisors Inc. raised its stake in shares of Oracle by 201.7% in the 4th 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. RMR Wealth Builders lifted its position in shares of Oracle by 383.4% during the fourth quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock worth $1,192,000 after purchasing an additional 5,675 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in Oracle by 24.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock worth $27,428,000 after purchasing an additional 32,718 shares in the last quarter. Finally, Crews Bank & Trust bought a new stake in Oracle in the fourth quarter valued at about $1,800,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the company. Jefferies Financial Group increased their target price on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. KeyCorp raised their price objective on Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Guggenheim boosted their target price on shares of Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. JMP Securities reissued a “market outperform” rating and set a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. Finally, UBS Group lifted their price target on shares of Oracle from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. One 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Shares of ORCL opened at $174.08 on Friday. Oracle Co. has a 52-week low of $106.51 and a 52-week high of $198.31. The firm has a market capitalization of $486.89 billion, a PE ratio of 42.56, a P/E/G ratio of 3.39 and a beta of 1.05. The firm has a 50-day moving average price of $169.94 and a 200 day moving average price of $165.29. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.34 EPS. On average, sell-side analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.92%. Oracle’s dividend payout ratio (DPR) is 39.12%.

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.