Hirtle Callaghan & Co LLC Grows Stock Position in Oracle Co. (NYSE:ORCL)

Hirtle Callaghan & Co LLC increased its holdings in Oracle Co. (NYSE:ORCL) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,099 shares of the enterprise software provider’s stock after buying an additional 199 shares during the period. Hirtle Callaghan & Co LLC’s holdings in Oracle were worth $516,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ORCL. R Squared Ltd purchased a new stake in shares of Oracle in the 4th quarter worth about $25,000. Winch Advisory Services LLC lifted its holdings in Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after purchasing an additional 87 shares in the last quarter. Synergy Investment Management LLC purchased a new position in Oracle in the 4th quarter valued at about $34,000. TFC Financial Management Inc. lifted its holdings in Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after purchasing an additional 120 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new position in Oracle in the 4th quarter valued at about $47,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of ORCL opened at $152.83 on Monday. The business’s fifty day moving average price is $164.87 and its 200 day moving average price is $170.27. Oracle Co. has a 12-month low of $112.78 and a 12-month high of $198.31. The stock has a market capitalization of $427.45 billion, a PE ratio of 37.37, a price-to-earnings-growth 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.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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 quarter last year, the business earned $1.41 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts forecast that Oracle Co. will post 5 EPS for the current 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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.31%. This is a boost from Oracle’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 10th. Oracle’s dividend payout ratio (DPR) is presently 46.95%.

Analysts Set New Price Targets

A number of research analysts have issued reports on ORCL shares. DA Davidson restated a “neutral” rating and issued a $150.00 target price on shares of Oracle in a report on Tuesday, March 11th. Stifel Nicolaus reduced their target price on shares of Oracle from $175.00 to $150.00 and set a “hold” rating on the stock in a report on Tuesday, March 11th. Jefferies Financial Group upped their target price on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, December 5th. UBS Group restated a “market perform” rating on shares of Oracle in a report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Oracle from $140.00 to $135.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $179.20.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was 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 in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 42.20% of the stock is currently owned by company insiders.

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.