3,526 Shares in Oracle Co. (NYSE:ORCL) Purchased by Argentarii LLC

Argentarii LLC purchased a new position in Oracle Co. (NYSE:ORCL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,526 shares of the enterprise software provider’s stock, valued at approximately $588,000.

Several other institutional investors have also modified their holdings of the business. R Squared Ltd acquired a new stake in Oracle during the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC raised its stake in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares in the last quarter. Synergy Investment Management LLC bought a new position in shares of Oracle during the fourth quarter valued at approximately $34,000. TFC Financial Management Inc. grew its holdings in shares of Oracle by 129.0% during the fourth 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 during the last quarter. Finally, Synergy Asset Management LLC bought a new position in shares of Oracle during the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ORCL shares. Evercore ISI upped their target price on Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Stifel Nicolaus increased their price objective on Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. UBS Group increased their price objective on Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Morgan Stanley increased their price target on Oracle from $145.00 to $175.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 10th. Finally, BNP Paribas raised Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Twelve analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.73.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 345,174 shares of the stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. This represents a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 42.20% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $155.89 on Friday. 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 1 year low of $111.18 and a 1 year high of $198.31. The business has a fifty day simple moving average of $167.63 and a 200 day simple moving average of $169.30. The firm has a market cap of $436.01 billion, a price-to-earnings ratio of 38.11, a P/E/G ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL) last posted its 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). The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.34 earnings per share. As a group, sell-side analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.03%. The ex-dividend date was Friday, January 10th. Oracle’s 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.