Uncommon Cents Investing LLC Has $3.82 Million Position in Oracle Co. (NYSE:ORCL)

Uncommon Cents Investing LLC lowered its position in Oracle Co. (NYSE:ORCL) by 1.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 30,440 shares of the enterprise software provider’s stock after selling 325 shares during the quarter. Oracle accounts for 1.2% of Uncommon Cents Investing LLC’s holdings, making the stock its 20th largest position. Uncommon Cents Investing LLC’s holdings in Oracle were worth $3,824,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in Oracle during the 3rd quarter valued at approximately $25,000. Westend Capital Management LLC acquired a new stake in Oracle during the 1st quarter valued at approximately $25,000. Spartan Planning & Wealth Management acquired a new stake in Oracle during the 3rd quarter valued at approximately $27,000. Tidemark LLC acquired a new stake in Oracle during the 4th quarter valued at approximately $29,000. Finally, Nordwand Advisors LLC acquired a new stake in Oracle during the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Up 0.8 %

NYSE:ORCL traded up $1.10 during trading hours on Thursday, hitting $144.38. 3,560,778 shares of the company traded hands, compared to its average volume of 11,810,036. The company has a quick ratio of 0.72, a current ratio of 0.71 and a debt-to-equity ratio of 8.25. The firm’s 50-day simple moving average is $126.95 and its 200-day simple moving average is $118.95. Oracle Co. has a one year low of $99.26 and a one year high of $145.32. The company has a market cap of $397.89 billion, a PE ratio of 38.92, a PEG ratio of 2.60 and a beta of 1.02.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, June 11th. The enterprise software provider reported $1.63 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.02). Oracle had a net margin of 19.76% and a return on equity of 223.01%. The company had revenue of $14.29 billion for the quarter, compared to the consensus estimate of $14.57 billion. During the same quarter last year, the business posted $1.35 earnings per share. Oracle’s revenue was up 3.3% on a year-over-year basis. Equities analysts predict that Oracle Co. will post 5.01 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, July 11th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.11%. The ex-dividend date is Thursday, July 11th. Oracle’s dividend payout ratio (DPR) is currently 43.13%.

Analysts Set New Price Targets

A number of analysts have weighed in on ORCL shares. The Goldman Sachs Group increased their target price on shares of Oracle from $115.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Oppenheimer assumed coverage on shares of Oracle in a research report on Thursday, April 18th. They set a “market perform” rating for the company. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research report on Thursday, June 6th. JMP Securities reaffirmed a “market perform” rating on shares of Oracle in a research report on Tuesday, June 11th. Finally, Citigroup reduced their price objective on shares of Oracle from $133.00 to $128.00 and set a “neutral” rating for the company in a research report on Monday, June 10th. Fourteen equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average target price of $145.83.

Insider Buying and Selling

In related news, Director George H. Conrades sold 20,000 shares of Oracle stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $116.00, for a total value of $2,320,000.00. Following the completion of the sale, the director now owns 17,836 shares of the company’s stock, valued at approximately $2,068,976. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Oracle news, Director Michael J. Boskin sold 45,000 shares of Oracle stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $117.74, for a total transaction of $5,298,300.00. Following the completion of the transaction, the director now owns 87,473 shares of the company’s stock, valued at approximately $10,299,071.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George H. Conrades sold 20,000 shares of Oracle stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $116.00, for a total value of $2,320,000.00. Following the transaction, the director now directly owns 17,836 shares of the company’s stock, valued at approximately $2,068,976. The disclosure for this sale can be found here. In the last 90 days, insiders sold 385,639 shares of company stock valued at $53,002,729. 42.80% of the stock is owned by insiders.

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.