Endowment Wealth Management Inc. Has $369,000 Stock Position in Oracle Co. (NYSE:ORCL)

Endowment Wealth Management Inc. cut its holdings in shares of Oracle Co. (NYSE:ORCL) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,212 shares of the enterprise software provider’s stock after selling 121 shares during the period. Endowment Wealth Management Inc.’s holdings in Oracle were worth $369,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Activest Wealth Management boosted its stake in Oracle by 21.9% in the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after acquiring an additional 56 shares during the last quarter. Second Line Capital LLC lifted its stake in shares of Oracle by 1.5% during the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider’s stock valued at $650,000 after buying an additional 58 shares in the last quarter. Cadence Bank lifted its stake in shares of Oracle by 0.8% during the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider’s stock valued at $1,296,000 after buying an additional 59 shares in the last quarter. Requisite Capital Management LLC lifted 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. Finally, Cookson Peirce & Co. Inc. lifted its stake in Oracle by 4.4% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider’s stock worth $237,000 after purchasing an additional 60 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Safra Catz sold 345,174 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 42.20% of the stock is currently owned by insiders.

Oracle Trading Down 4.1 %

Oracle stock opened at $148.87 on Tuesday. Oracle Co. has a one year low of $111.18 and a one year high of $198.31. The company has a market cap of $416.38 billion, a price-to-earnings ratio of 36.40, a P/E/G ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a 50-day moving average of $167.27 and a 200-day moving average of $169.58.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.02). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same period last year, the company posted $1.41 earnings per share. The business’s revenue was up 6.4% compared to the same quarter last year. On average, equities analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.34%. This is a boost from Oracle’s previous quarterly dividend of $0.40. Oracle’s payout ratio is presently 39.12%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. BMO Capital Markets increased their price target on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a report on Tuesday, December 10th. Jefferies Financial Group raised their price target on shares of Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Guggenheim reaffirmed a “buy” rating and set a $220.00 target price on shares of Oracle in a research note on Wednesday, March 5th. Finally, Evercore ISI raised their target price on Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Eleven analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

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.