Edmond DE Rothschild Holding S.A. Has $6.09 Million Stock Position in Oracle Co. (NYSE:ORCL)

Edmond DE Rothschild Holding S.A. raised its holdings in Oracle Co. (NYSE:ORCL) by 128.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,525 shares of the enterprise software provider’s stock after buying an additional 20,527 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Oracle were worth $6,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Meeder Asset Management Inc. raised its holdings in Oracle by 9.2% in the 4th quarter. Meeder Asset Management Inc. now owns 105,058 shares of the enterprise software provider’s stock valued at $17,507,000 after acquiring an additional 8,830 shares during the period. D L Carlson Investment Group Inc. bought a new stake in shares of Oracle in the fourth quarter valued at approximately $2,385,000. AIA Group Ltd increased its stake in Oracle by 121.7% during the 4th quarter. AIA Group Ltd now owns 23,156 shares of the enterprise software provider’s stock worth $3,859,000 after acquiring an additional 12,709 shares during the period. FSB Premier Wealth Management Inc. grew its holdings in shares of Oracle by 11.8% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 20,003 shares of the enterprise software provider’s stock worth $3,333,000 after purchasing an additional 2,118 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Oracle by 200.4% in the fourth quarter. Wellington Management Group LLP now owns 172,483 shares of the enterprise software provider’s stock worth $28,743,000 after purchasing an additional 115,059 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ORCL shares. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. UBS Group restated a “market perform” rating on shares of Oracle in a research report on Tuesday, March 11th. Cantor Fitzgerald decreased their target price on Oracle from $214.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 11th. BMO Capital Markets decreased their target price on shares of Oracle from $205.00 to $175.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 11th. Finally, Morgan Stanley cut their price objective on Oracle from $175.00 to $170.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $178.00.

Insider Buying and Selling

In other news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.20% of the stock is currently owned by corporate insiders.

Oracle Trading Down 0.6 %

Shares of Oracle stock opened at $140.07 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a fifty day simple moving average of $163.52 and a 200 day simple moving average of $170.16. Oracle Co. has a 12-month low of $112.78 and a 12-month high of $198.31. The company has a market capitalization of $391.77 billion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07.

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

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be issued a $0.50 dividend. The ex-dividend date is Thursday, April 10th. This is a positive change from Oracle’s previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a dividend yield of 1.43%. Oracle’s dividend payout ratio is currently 46.95%.

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.