JSF Financial LLC Sells 225 Shares of Oracle Co. (NYSE:ORCL)

JSF Financial LLC decreased its holdings in shares of Oracle Co. (NYSE:ORCL) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,690 shares of the enterprise software provider’s stock after selling 225 shares during the period. JSF Financial LLC’s holdings in Oracle were worth $448,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORCL. R Squared Ltd acquired a new stake in shares of Oracle during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC increased its holdings 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 valued at $31,000 after purchasing an additional 87 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in shares of Oracle in the third quarter valued at approximately $44,000. Synergy Asset Management LLC acquired a new stake in shares of Oracle in the fourth quarter valued at approximately $47,000. Finally, Friedenthal Financial acquired a new stake in shares of Oracle in the third quarter valued at approximately $51,000. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction 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 directly owns 1,118,592 shares in the company, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 42.20% of the company’s stock.

Oracle Stock Performance

NYSE ORCL opened at $178.97 on Tuesday. The firm has a 50-day moving average price of $170.42 and a two-hundred day moving average price of $164.68. Oracle Co. has a 12-month low of $106.51 and a 12-month high of $198.31. 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 $500.58 billion, a P/E ratio of 43.76, a P/E/G ratio of 3.39 and a beta of 1.05.

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

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analyst Ratings Changes

ORCL has been the subject of a number of analyst reports. BNP Paribas raised shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. KeyCorp lifted their target price on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research report on Friday, December 20th. Guggenheim lifted their price target on shares of Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Piper Sandler lifted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

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.