Town & Country Bank & Trust CO dba First Bankers Trust CO Has $3.97 Million Stock Holdings in Oracle Co. (NYSE:ORCL)

Town & Country Bank & Trust CO dba First Bankers Trust CO reduced its position in Oracle Co. (NYSE:ORCL) by 4.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 23,832 shares of the enterprise software provider’s stock after selling 1,211 shares during the period. Oracle comprises 1.6% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 17th largest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Oracle were worth $3,971,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORCL. Winch Advisory Services LLC raised 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 acquiring an additional 87 shares during the period. Reston Wealth Management LLC bought a new position in shares of Oracle during the third quarter worth approximately $44,000. Avondale Wealth Management bought a new position in shares of Oracle during the third quarter worth approximately $51,000. Friedenthal Financial acquired a new stake in Oracle during the 3rd quarter worth approximately $51,000. Finally, Activest Wealth Management boosted its stake in Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after purchasing an additional 56 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 13.9 %

Shares of NYSE ORCL opened at $158.10 on Tuesday. The business has a 50-day moving average of $174.41 and a 200-day moving average of $162.79. The firm has a market capitalization of $442.19 billion, a price-to-earnings ratio of 38.65, a PEG ratio of 3.62 and a beta of 1.06. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31.

Oracle (NYSE:ORCL) last issued its quarterly earnings results 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the previous year, the company earned $1.34 EPS. Oracle’s quarterly revenue was up 8.6% on a year-over-year basis. Sell-side analysts expect that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.01%. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was 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 in the company, valued at $207,331,027.20. This represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 42.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on ORCL. Cantor Fitzgerald initiated coverage on Oracle in a report on Friday, January 17th. They set an “overweight” rating and a $214.00 target price for the company. Monness Crespi & Hardt downgraded Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research report on Friday, December 20th. Stifel Nicolaus lifted their price objective on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Citigroup raised their price target on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

Oracle Company 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.