Fort Sheridan Advisors LLC Buys 150 Shares of Oracle Co. (NYSE:ORCL)

Fort Sheridan Advisors LLC grew its stake in shares of Oracle Co. (NYSE:ORCL) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 23,017 shares of the enterprise software provider’s stock after acquiring an additional 150 shares during the period. Fort Sheridan Advisors LLC’s holdings in Oracle were worth $3,836,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ORCL. Wealth Group Ltd. bought a new position in Oracle in the third quarter worth about $222,000. Howard Capital Management Group LLC boosted its holdings in shares of Oracle by 12.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider’s stock valued at $1,366,000 after acquiring an additional 883 shares during the last quarter. Valmark Advisers Inc. increased its stake in shares of Oracle by 3.5% in the third quarter. Valmark Advisers Inc. now owns 5,241 shares of the enterprise software provider’s stock worth $893,000 after acquiring an additional 176 shares during the period. Cornerstone Wealth Group LLC raised its holdings in shares of Oracle by 0.5% during the third quarter. Cornerstone Wealth Group LLC now owns 16,382 shares of the enterprise software provider’s stock worth $2,791,000 after purchasing an additional 87 shares during the last quarter. Finally, S.A. Mason LLC lifted its position in Oracle by 19.6% during the third quarter. S.A. Mason LLC now owns 9,181 shares of the enterprise software provider’s stock valued at $1,564,000 after purchasing an additional 1,504 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ORCL shares. Guggenheim increased their price target on Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. DA Davidson lifted their price target on Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. BNP Paribas upgraded Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective on the stock. in a research note on Friday, December 20th. Finally, Evercore ISI boosted their target price on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.73.

Oracle Price Performance

NYSE:ORCL opened at $164.71 on Friday. Oracle Co. has a one year low of $110.36 and a one year high of $198.31. The stock has a market cap of $460.68 billion, a PE ratio of 40.27, a P/E/G ratio of 3.46 and a beta of 1.05. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a 50 day moving average price of $169.00 and a 200 day moving average price of $168.13.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $1.34 earnings per share. Equities research analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders 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 yield of 0.97%. Oracle’s payout ratio is 39.12%.

Insider Activity

In other news, CEO Safra Catz sold 2,101,154 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the sale, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate 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.