Oracle Co. (NYSE:ORCL) Shares Purchased by Financial Management Professionals Inc.

Financial Management Professionals Inc. raised its holdings in Oracle Co. (NYSE:ORCL) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,306 shares of the enterprise software provider’s stock after purchasing an additional 107 shares during the period. Financial Management Professionals Inc.’s holdings in Oracle were worth $384,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ORCL. Ameritas Advisory Services LLC grew its stake in Oracle by 29.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 29,256 shares of the enterprise software provider’s stock worth $4,875,000 after purchasing an additional 6,732 shares in the last quarter. HB Wealth Management LLC grew its position in shares of Oracle by 2.5% in the 4th quarter. HB Wealth Management LLC now owns 185,623 shares of the enterprise software provider’s stock worth $30,932,000 after acquiring an additional 4,581 shares in the last quarter. KRS Capital Management LLC increased its holdings in shares of Oracle by 0.8% in the 4th quarter. KRS Capital Management LLC now owns 10,916 shares of the enterprise software provider’s stock valued at $1,819,000 after acquiring an additional 85 shares during the last quarter. Trust Co. of Vermont raised its position in shares of Oracle by 4.4% during the 4th quarter. Trust Co. of Vermont now owns 44,938 shares of the enterprise software provider’s stock valued at $7,488,000 after acquiring an additional 1,907 shares in the last quarter. Finally, Westend Capital Management LLC lifted its stake in Oracle by 144.6% during the fourth quarter. Westend Capital Management LLC now owns 494 shares of the enterprise software provider’s stock worth $82,000 after purchasing an additional 292 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ORCL shares. BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt downgraded Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a research note on Friday, December 20th. Jefferies Financial Group increased their price target on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. KeyCorp upped their price objective on Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, DA Davidson raised their target price on Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $182.73.

Oracle Stock Performance

Shares of ORCL opened at $161.05 on Friday. Oracle Co. has a one year low of $106.51 and a one year high of $198.31. The company has a 50-day moving average of $175.44 and a two-hundred day moving average of $161.34. 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 stock has a market cap of $450.44 billion, a price-to-earnings ratio of 39.38, a PEG ratio of 3.03 and a beta of 1.06.

Oracle (NYSE:ORCL) last announced its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (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 firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the firm earned $1.34 earnings per share. Oracle’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 5.01 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. Oracle’s dividend payout ratio is 39.12%.

About Oracle

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.