Fishman Jay A Ltd. MI Has $4.85 Million Position in Oracle Co. (NYSE:ORCL)

Fishman Jay A Ltd. MI increased its position in Oracle Co. (NYSE:ORCL) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,106 shares of the enterprise software provider’s stock after buying an additional 636 shares during the period. Oracle accounts for approximately 0.5% of Fishman Jay A Ltd. MI’s investment portfolio, making the stock its 28th biggest holding. Fishman Jay A Ltd. MI’s holdings in Oracle were worth $4,850,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Quent Capital LLC boosted its stake in Oracle by 1.2% in the 4th quarter. Quent Capital LLC now owns 13,589 shares of the enterprise software provider’s stock worth $2,264,000 after purchasing an additional 158 shares during the period. Community Bank & Trust Waco Texas boosted its stake in Oracle by 0.5% in the fourth quarter. Community Bank & Trust Waco Texas now owns 15,763 shares of the enterprise software provider’s stock worth $2,627,000 after buying an additional 72 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Oracle by 4.9% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 1,643 shares of the enterprise software provider’s stock valued at $274,000 after purchasing an additional 76 shares in the last quarter. Peterson Wealth Services bought a new stake in shares of Oracle in the 4th quarter valued at about $1,471,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Oracle during the fourth quarter valued at approximately $421,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Down 1.0 %

ORCL stock opened at $177.18 on Wednesday. The company’s 50 day moving average price is $170.37 and its 200 day moving average price is $164.97. The firm has a market capitalization of $495.56 billion, a price-to-earnings ratio of 43.32, a PEG ratio of 3.39 and a beta of 1.05. Oracle Co. has a fifty-two week low of $106.51 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.

Oracle (NYSE:ORCL) last announced 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 during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.34 earnings per share. On average, equities research analysts anticipate that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.90%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 42.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ORCL shares. JMP Securities reissued a “market outperform” rating and set a $205.00 target price on shares of Oracle in a research note on Wednesday, January 22nd. Stifel Nicolaus upped their price target on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Morgan Stanley boosted their price target on Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 10th. Citigroup lifted their target price on shares of Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.