Dorsey & Whitney Trust CO LLC Sells 685 Shares of Oracle Co. (NYSE:ORCL)

Dorsey & Whitney Trust CO LLC lowered its holdings in shares of Oracle Co. (NYSE:ORCL) by 2.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 25,352 shares of the enterprise software provider’s stock after selling 685 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Oracle were worth $4,225,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd bought a new stake in shares of Oracle during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC boosted its holdings in shares of Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after acquiring an additional 87 shares during the period. Synergy Investment Management LLC bought a new stake in shares of Oracle during the fourth quarter worth approximately $34,000. TFC Financial Management Inc. boosted 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 worth $35,000 after acquiring an additional 120 shares during the period. Finally, Synergy Asset Management LLC bought a new stake in shares of Oracle during the fourth quarter worth approximately $47,000. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Up 3.3 %

Shares of NYSE:ORCL opened at $155.89 on Friday. 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 52-week low of $111.18 and a 52-week high of $198.31. The company has a market capitalization of $436.01 billion, a PE ratio of 38.11, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. The company has a fifty day moving average of $167.63 and a 200-day moving average of $169.10.

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 the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the firm earned $1.34 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, equities analysts predict 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 1.03%. Oracle’s dividend payout ratio is 39.12%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ORCL. JMP Securities reiterated a “market outperform” rating and issued a $205.00 price target on shares of Oracle in a research report on Wednesday, January 22nd. DA Davidson lifted their price target on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Morgan Stanley lifted their price target on shares of Oracle from $145.00 to $175.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 10th. KeyCorp lifted their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Finally, Mizuho lifted their price target on shares of Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Twelve research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 345,174 shares of the company’s 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 sale, the chief executive officer now 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 42.20% of the stock is currently owned by 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.