San Luis Wealth Advisors LLC Buys 75 Shares of Oracle Co. (NYSE:ORCL)

San Luis Wealth Advisors LLC boosted its position in shares of Oracle Co. (NYSE:ORCL) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,375 shares of the enterprise software provider’s stock after acquiring an additional 75 shares during the period. San Luis Wealth Advisors LLC’s holdings in Oracle were worth $896,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of Oracle by 2.7% during the 3rd quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider’s stock valued at $12,003,241,000 after buying an additional 1,847,561 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Oracle by 2.6% in the third quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider’s stock valued at $5,977,015,000 after acquiring an additional 885,041 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Oracle by 11.6% during the third quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider’s stock worth $3,370,640,000 after purchasing an additional 1,917,416 shares in the last quarter. Fisher Asset Management LLC grew its position in shares of Oracle by 1.8% during the third quarter. Fisher Asset Management LLC now owns 17,898,029 shares of the enterprise software provider’s stock worth $3,049,824,000 after purchasing an additional 310,709 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Oracle by 0.4% in the 3rd quarter. Janus Henderson Group PLC now owns 14,608,951 shares of the enterprise software provider’s stock worth $2,489,345,000 after purchasing an additional 54,868 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of Oracle stock opened at $156.34 on Wednesday. Oracle Co. has a 12 month low of $105.42 and a 12 month high of $198.31. The stock’s fifty day moving average price is $176.99 and its 200-day moving average price is $161.24. The firm has a market cap of $437.28 billion, a P/E ratio of 38.22, a P/E/G ratio of 3.39 and a beta of 1.06. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the firm posted $1.34 EPS. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, equities research analysts expect that Oracle Co. will post 5.03 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analyst Ratings Changes

ORCL has been the topic of several recent analyst reports. Citigroup lifted their price objective on shares of Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. JMP Securities reiterated a “market outperform” rating and issued a $205.00 price target on shares of Oracle in a research note on Tuesday, December 10th. KeyCorp increased their price objective on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Evercore ISI boosted their target price on Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Finally, Mizuho raised their price target on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $181.48.

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.