Duncker Streett & Co. Inc. Sells 500 Shares of Oracle Co. (NYSE:ORCL)

Duncker Streett & Co. Inc. lowered its holdings in shares of Oracle Co. (NYSE:ORCL) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,093 shares of the enterprise software provider’s stock after selling 500 shares during the period. Duncker Streett & Co. Inc.’s holdings in Oracle were worth $1,349,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. R Squared Ltd bought a new stake in Oracle during the fourth quarter worth about $25,000. Winch Advisory Services LLC lifted its stake in shares of Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares in the last quarter. TFC Financial Management Inc. lifted its stake in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock worth $35,000 after buying an additional 120 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of Oracle in the fourth quarter worth approximately $47,000. Finally, Activest Wealth Management lifted its stake in shares of Oracle by 21.9% in the third quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after buying an additional 56 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $166.09 on Friday. The firm has a fifty day moving average price of $168.93 and a 200-day moving average price of $168.60. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $464.55 billion, a PE ratio of 40.61, a price-to-earnings-growth ratio of 3.46 and a beta of 1.05. Oracle Co. has a 1 year low of $110.36 and a 1 year high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion during 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 business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the company earned $1.34 earnings per share. Equities analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.96%. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Insider Transactions at Oracle

In related 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 completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 42.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ORCL. Jefferies Financial Group upped their target price on shares of Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Cantor Fitzgerald downgraded shares of Oracle to an “overweight” rating in a research note on Monday, February 10th. Citigroup upped their target price 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. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Finally, BMO Capital Markets upped their target price 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. One equities 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $182.73.

Oracle Company 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.