CWS Financial Advisors LLC Acquires New Stake in Oracle Co. (NYSE:ORCL)

CWS Financial Advisors LLC acquired a new stake in Oracle Co. (NYSE:ORCL) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,206 shares of the enterprise software provider’s stock, valued at approximately $201,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Prasad Wealth Partners LLC bought a new stake in Oracle in the 4th quarter valued at $682,000. BankPlus Trust Department acquired a new stake in Oracle in the 4th quarter valued at $626,000. IFP Advisors Inc increased its stake in Oracle by 6.1% in the 4th quarter. IFP Advisors Inc now owns 37,667 shares of the enterprise software provider’s stock valued at $6,277,000 after buying an additional 2,153 shares during the last quarter. Rowlandmiller & PARTNERS.ADV increased its stake in Oracle by 12.4% in the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 4,165 shares of the enterprise software provider’s stock valued at $694,000 after buying an additional 460 shares during the last quarter. Finally, New World Advisors LLC increased its stake in Oracle by 27.7% in the 4th quarter. New World Advisors LLC now owns 4,065 shares of the enterprise software provider’s stock valued at $677,000 after buying an additional 882 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were 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 owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 42.20% of the stock is currently owned by insiders.

Oracle Stock Performance

NYSE ORCL opened at $170.00 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market capitalization of $475.48 billion, a P/E ratio of 41.56, a P/E/G ratio of 3.46 and a beta of 1.05. Oracle Co. has a 12-month low of $109.79 and a 12-month high of $198.31. The firm has a 50-day moving average price of $168.97 and a two-hundred day moving average price of $167.87.

Oracle (NYSE:ORCL) last issued its quarterly earnings results 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the company posted $1.34 EPS. The business’s revenue was up 8.6% on a year-over-year basis. Analysts anticipate that Oracle Co. will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. BMO Capital Markets boosted their price objective on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt lowered shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective on the stock. in a research note on Friday, December 20th. Citigroup boosted their price objective on shares of Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. KeyCorp boosted their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, Piper Sandler lifted their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $182.73.

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.