Oracle Co. (NYSE:ORCL) is Autumn Glory Partners LLC’s 10th Largest Position

Autumn Glory Partners LLC raised its holdings in shares of Oracle Co. (NYSE:ORCL) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,295 shares of the enterprise software provider’s stock after buying an additional 322 shares during the period. Oracle comprises 1.6% of Autumn Glory Partners LLC’s investment portfolio, making the stock its 10th largest position. Autumn Glory Partners LLC’s holdings in Oracle were worth $4,147,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. LVW Advisors LLC purchased a new stake in shares of Oracle during the 1st quarter valued at about $246,000. Exchange Capital Management Inc. lifted its position in shares of Oracle by 6.1% during the first quarter. Exchange Capital Management Inc. now owns 4,432 shares of the enterprise software provider’s stock worth $557,000 after purchasing an additional 256 shares in the last quarter. Naviter Wealth LLC purchased a new position in shares of Oracle in the first quarter valued at $763,000. Tradewinds Capital Management LLC grew its holdings in Oracle by 1,041.7% during the 1st quarter. Tradewinds Capital Management LLC now owns 1,096 shares of the enterprise software provider’s stock valued at $138,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in Oracle by 1.6% during the 1st quarter. Valeo Financial Advisors LLC now owns 78,877 shares of the enterprise software provider’s stock worth $9,908,000 after buying an additional 1,271 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 6,320 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $165.00, for a total transaction of $1,042,800.00. Following the sale, the executive vice president now directly owns 42,889 shares in the company, valued at approximately $7,076,685. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 42.20% of the stock is currently owned by insiders.

Oracle Price Performance

NYSE ORCL opened at $172.43 on Tuesday. The company has a 50-day moving average price of $160.84 and a two-hundred day moving average price of $140.79. Oracle Co. has a 52 week low of $99.26 and a 52 week high of $178.61. The stock has a market cap of $477.81 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 3.20 and a beta of 1.01. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 6.68.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, September 9th. The enterprise software provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. The business had revenue of $13.31 billion during the quarter, compared to analyst estimates of $13.23 billion. Oracle had a return on equity of 171.38% and a net margin of 20.40%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.95 EPS. Analysts forecast 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, October 24th. Investors of record on Thursday, October 10th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend was Thursday, October 10th. Oracle’s payout ratio is currently 41.24%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ORCL. KeyCorp upped their price objective on shares of Oracle from $165.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. DA Davidson lifted their price objective on Oracle from $105.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, September 10th. Morgan Stanley increased their target price on Oracle from $125.00 to $145.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 10th. Melius Research upgraded shares of Oracle from a “hold” rating to a “buy” rating in a research note on Monday, September 16th. Finally, Mizuho increased their price objective on shares of Oracle from $170.00 to $185.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Twelve analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $168.52.

Oracle 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.