Sivia Capital Partners LLC Has $464,000 Holdings in Oracle Co. (NYSE:ORCL)

Sivia Capital Partners LLC lifted its holdings in shares of Oracle Co. (NYSE:ORCL) by 19.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,284 shares of the enterprise software provider’s stock after acquiring an additional 546 shares during the period. Sivia Capital Partners LLC’s holdings in Oracle were worth $464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of Oracle by 153.3% in the 4th quarter. International Assets Investment Management LLC now owns 11,947 shares of the enterprise software provider’s stock worth $1,260,000 after purchasing an additional 7,230 shares during the last quarter. Brio Consultants LLC boosted its holdings in Oracle by 4.1% during the fourth quarter. Brio Consultants LLC now owns 2,942 shares of the enterprise software provider’s stock worth $310,000 after buying an additional 117 shares during the last quarter. Precision Wealth Strategies LLC grew its position in shares of Oracle by 4.1% during the 4th quarter. Precision Wealth Strategies LLC now owns 3,951 shares of the enterprise software provider’s stock worth $417,000 after buying an additional 155 shares during the period. Gilbert & Cook Inc. bought a new stake in shares of Oracle in the 4th quarter valued at about $359,000. Finally, Aveo Capital Partners LLC acquired a new stake in shares of Oracle in the 4th quarter valued at approximately $290,000. 42.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Mizuho upped their target price on shares of Oracle from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Monday, June 17th. Sanford C. Bernstein raised their price objective on Oracle from $159.00 to $171.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 12th. BMO Capital Markets boosted their target price on Oracle from $142.00 to $160.00 and gave the company a “market perform” rating in a research note on Monday, June 17th. Morgan Stanley reaffirmed an “equal weight” rating and set a $125.00 price target on shares of Oracle in a research report on Tuesday, June 25th. Finally, JMP Securities reiterated a “market perform” rating on shares of Oracle in a research report on Tuesday, June 11th. Fourteen investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $145.83.

Oracle Stock Down 0.6 %

ORCL stock opened at $141.78 on Friday. Oracle Co. has a twelve month low of $99.26 and a twelve month high of $146.59. The company has a market cap of $390.73 billion, a price-to-earnings ratio of 38.22, a P/E/G ratio of 2.55 and a beta of 1.01. 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 business has a 50 day moving average price of $138.72 and a two-hundred day moving average price of $128.33.

Oracle (NYSE:ORCL) last released its earnings results 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 firm had revenue of $14.29 billion during the quarter, compared to the consensus estimate of $14.57 billion. During the same period in the prior year, the business posted $1.35 earnings per share. Oracle’s quarterly revenue was up 3.3% compared to the same quarter last year. Analysts anticipate that Oracle Co. will post 5.02 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 25th. Stockholders of record on Thursday, July 11th were issued a $0.40 dividend. The ex-dividend date was Thursday, July 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.13%. Oracle’s payout ratio is 43.13%.

Insider Activity at Oracle

In other Oracle news, Director Jeffrey Berg sold 22,500 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $143.12, for a total transaction of $3,220,200.00. Following the transaction, the director now owns 210,712 shares of the company’s stock, valued at $30,157,101.44. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Jeffrey Berg sold 22,500 shares of Oracle stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $143.12, for a total transaction of $3,220,200.00. Following the completion of the transaction, the director now directly owns 210,712 shares in the company, valued at approximately $30,157,101.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edward Screven sold 235,918 shares of the stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $144.30, for a total value of $34,042,967.40. Following the completion of the sale, the insider now owns 2,626,764 shares in the company, valued at approximately $379,042,045.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,862,500 shares of company stock worth $266,776,624. Insiders own 42.80% of the company’s stock.

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.