V Square Quantitative Management LLC Has $1.69 Million Holdings in Oracle Co. (NYSE:ORCL)

V Square Quantitative Management LLC trimmed its stake in Oracle Co. (NYSE:ORCL) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 10,113 shares of the enterprise software provider’s stock after selling 758 shares during the period. V Square Quantitative Management LLC’s holdings in Oracle were worth $1,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. R Squared Ltd bought a new position in shares of Oracle during the 4th quarter worth about $25,000. Winch Advisory Services LLC raised 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 acquiring an additional 87 shares during the last quarter. TFC Financial Management Inc. raised its stake 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 buying an additional 120 shares during the last quarter. Reston Wealth Management LLC bought a new stake in Oracle in the third quarter valued at approximately $44,000. Finally, Synergy Asset Management LLC bought a new stake in Oracle in the fourth quarter valued at approximately $47,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Price Performance

ORCL opened at $174.08 on Friday. The business has a fifty day moving average of $169.94 and a 200 day moving average of $165.29. Oracle Co. has a 52-week low of $106.51 and a 52-week 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 stock has a market cap of $486.89 billion, a P/E ratio of 42.56, a PEG ratio of 3.39 and a beta of 1.05.

Oracle (NYSE:ORCL) last issued its earnings results 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 firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same quarter in the prior year, the company posted $1.34 earnings per share. Oracle’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Insider Buying and Selling

In other Oracle news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. The trade was a 23.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 42.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ORCL shares. Stifel Nicolaus increased their price objective on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. KeyCorp increased their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. DA Davidson increased their price objective 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. JMP Securities reaffirmed a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research report on Wednesday, January 22nd. Finally, Citigroup raised their price target 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. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, 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.