Rowlandmiller & PARTNERS.ADV Buys 460 Shares of Oracle Co. (NYSE:ORCL)

Rowlandmiller & PARTNERS.ADV raised its stake in shares of Oracle Co. (NYSE:ORCL) by 12.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,165 shares of the enterprise software provider’s stock after acquiring an additional 460 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Oracle were worth $694,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. New World Advisors LLC lifted its stake in shares of Oracle by 27.7% in the 4th quarter. New World Advisors LLC now owns 4,065 shares of the enterprise software provider’s stock worth $677,000 after purchasing an additional 882 shares during the period. Dover Advisors LLC lifted its stake in shares of Oracle by 2.1% in the 4th quarter. Dover Advisors LLC now owns 8,196 shares of the enterprise software provider’s stock worth $1,366,000 after purchasing an additional 172 shares during the period. B&D White Capital Company LLC bought a new position in shares of Oracle in the 4th quarter worth approximately $700,000. Cape ANN Savings Bank lifted its stake in shares of Oracle by 1.1% in the 4th quarter. Cape ANN Savings Bank now owns 5,820 shares of the enterprise software provider’s stock worth $970,000 after purchasing an additional 65 shares during the period. Finally, Colonial River Investments LLC bought a new position in shares of Oracle in the 4th quarter worth approximately $767,000. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

ORCL has been the topic of several recent research reports. Piper Sandler increased their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Cantor Fitzgerald cut shares of Oracle to an “overweight” rating in a research note on Monday, February 10th. Royal Bank of Canada restated a “sector perform” rating and set a $165.00 target price on shares of Oracle in a research note on Thursday, December 5th. Finally, DA Davidson raised their target price on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.73.

Oracle Trading Down 4.6 %

ORCL stock opened at $167.92 on Monday. The firm has a fifty day moving average price of $168.99 and a 200 day moving average price of $167.58. Oracle Co. has a fifty-two week low of $109.66 and a fifty-two week high of $198.31. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $469.66 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 3.46 and a beta of 1.05.

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

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.95%. 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.