Oracle Co. (NYSE:ORCL) Shares Acquired by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC lifted its holdings in shares of Oracle Co. (NYSE:ORCL) by 125.4% during the 4th quarter, Holdings Channel reports. The firm owned 7,974 shares of the enterprise software provider’s stock after buying an additional 4,437 shares during the period. Consilium Wealth Advisory LLC’s holdings in Oracle were worth $1,329,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ORCL. R Squared Ltd acquired a new stake in Oracle in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC raised its holdings in 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 acquiring an additional 87 shares in the last quarter. TFC Financial Management Inc. raised its holdings in Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after acquiring an additional 120 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in Oracle in the third quarter valued at approximately $44,000. Finally, Synergy Asset Management LLC acquired a new stake in Oracle in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ORCL. Morgan Stanley raised their target price on shares of Oracle from $145.00 to $175.00 and gave the company an “equal weight” rating in a report on Tuesday, December 10th. Citigroup raised their target price on shares of Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Mizuho increased their price target on shares of Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Guggenheim increased their price target on shares of Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $182.73.

Insider Transactions at Oracle

In related news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction dated Friday, January 24th. The stock was 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 owns 1,118,592 shares in the company, valued at approximately $207,565,931.52. This trade represents a 23.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 42.20% of the company’s stock.

Oracle Price Performance

Shares of NYSE ORCL opened at $172.37 on Thursday. 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 fifty day moving average price of $169.08 and a 200 day moving average price of $168.15. Oracle Co. has a 1-year low of $109.79 and a 1-year high of $198.31. The company has a market cap of $482.11 billion, a PE ratio of 42.14, a P/E/G ratio of 3.46 and a beta of 1.05.

Oracle (NYSE:ORCL) last released its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same period last year, the business posted $1.34 EPS. Oracle’s revenue was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Oracle Co. will post 5 EPS 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 paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

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.