Oracle Co. (NYSE:ORCL) Shares Purchased by Citadel Investment Advisory Inc.

Citadel Investment Advisory Inc. grew its holdings in Oracle Co. (NYSE:ORCL) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,831 shares of the enterprise software provider’s stock after purchasing an additional 264 shares during the period. Oracle comprises approximately 2.0% of Citadel Investment Advisory Inc.’s investment portfolio, making the stock its 8th biggest holding. Citadel Investment Advisory Inc.’s holdings in Oracle were worth $3,805,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ORCL. McAdam LLC grew its stake in Oracle by 12.6% in the fourth quarter. McAdam LLC now owns 7,606 shares of the enterprise software provider’s stock valued at $1,267,000 after purchasing an additional 852 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in shares of Oracle by 166.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 69,957 shares of the enterprise software provider’s stock valued at $11,658,000 after buying an additional 43,703 shares in the last quarter. Greenleaf Trust raised its position in Oracle by 1.9% during the fourth quarter. Greenleaf Trust now owns 74,104 shares of the enterprise software provider’s stock worth $12,349,000 after acquiring an additional 1,360 shares in the last quarter. Nadler Financial Group Inc. lifted its stake in Oracle by 1.4% in the fourth quarter. Nadler Financial Group Inc. now owns 16,869 shares of the enterprise software provider’s stock valued at $2,811,000 after acquiring an additional 232 shares during the last quarter. Finally, Golden State Equity Partners grew its position in shares of Oracle by 167.3% in the 4th quarter. Golden State Equity Partners now owns 8,725 shares of the enterprise software provider’s stock valued at $1,454,000 after acquiring an additional 5,461 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

NYSE ORCL opened at $169.91 on Friday. The firm’s fifty day moving average price is $171.89 and its two-hundred day moving average price is $163.41. The stock has a market cap of $475.24 billion, a PE ratio of 41.54, a PEG ratio of 3.19 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a fifty-two week low of $106.51 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.34 EPS. On average, equities analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. Oracle’s dividend payout ratio is 39.12%.

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their price target on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. DA Davidson boosted their target price on Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. KeyCorp raised their price target on Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. BMO Capital Markets increased their price objective on shares of Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research report on Tuesday, December 10th. Finally, Citigroup upped their price target on shares of Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The stock was 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 approximately $207,565,931.52. This represents a 23.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 42.20% of the stock is currently owned by company insiders.

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.