Oracle Co. (NYSE:ORCL) Stock Holdings Boosted by National Pension Service

National Pension Service increased its position in Oracle Co. (NYSE:ORCL) by 13.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,238,861 shares of the enterprise software provider’s stock after buying an additional 394,004 shares during the quarter. Oracle comprises approximately 0.5% of National Pension Service’s holdings, making the stock its 26th largest position. National Pension Service owned approximately 0.12% of Oracle worth $551,902,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Silicon Valley Capital Partners boosted its holdings in Oracle by 6.4% during the third quarter. Silicon Valley Capital Partners now owns 7,789 shares of the enterprise software provider’s stock worth $1,327,000 after buying an additional 471 shares in the last quarter. CORDA Investment Management LLC. raised its position in shares of Oracle by 1.4% during the third quarter. CORDA Investment Management LLC. now owns 7,898 shares of the enterprise software provider’s stock worth $1,346,000 after purchasing an additional 107 shares during the period. Vestor Capital LLC lifted its holdings in shares of Oracle by 37.7% during the third quarter. Vestor Capital LLC now owns 89,551 shares of the enterprise software provider’s stock valued at $15,259,000 after purchasing an additional 24,525 shares during the last quarter. Roman Butler Fullerton & Co. lifted its holdings in shares of Oracle by 0.5% during the third quarter. Roman Butler Fullerton & Co. now owns 14,640 shares of the enterprise software provider’s stock valued at $2,549,000 after purchasing an additional 68 shares during the last quarter. Finally, TrueWealth Advisors LLC boosted its position in shares of Oracle by 20.6% in the 3rd quarter. TrueWealth Advisors LLC now owns 4,509 shares of the enterprise software provider’s stock valued at $768,000 after purchasing an additional 771 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Maria Smith sold 6,320 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $165.00, for a total value of $1,042,800.00. Following the sale, the executive vice president now owns 42,889 shares of the company’s stock, valued at $7,076,685. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 42.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on ORCL shares. Bank of America upped their price objective on shares of Oracle from $155.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, September 10th. Stifel Nicolaus lifted their price objective on shares of Oracle from $135.00 to $155.00 and gave the stock a “hold” rating in a research report on Tuesday, September 10th. JMP Securities increased their target price on Oracle from $175.00 to $205.00 and gave the company a “market outperform” rating in a report on Friday, October 18th. Piper Sandler upped their price target on Oracle from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. Finally, Mizuho raised their price objective on Oracle from $170.00 to $185.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Twelve analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $168.52.

Oracle Stock Performance

Shares of NYSE ORCL opened at $169.81 on Monday. The business’s 50-day simple moving average is $163.43 and its 200-day simple moving average is $142.24. The company has a debt-to-equity ratio of 6.68, a quick ratio of 0.72 and a current ratio of 0.72. Oracle Co. has a 52 week low of $99.26 and a 52 week high of $178.61. The firm has a market cap of $470.55 billion, a price-to-earnings ratio of 43.82, a P/E/G ratio of 3.09 and a beta of 1.02.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, September 9th. The enterprise software provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. Oracle had a return on equity of 171.38% and a net margin of 20.40%. The company had revenue of $13.31 billion for the quarter, compared to the consensus estimate of $13.23 billion. During the same quarter last year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, equities research analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, October 10th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Thursday, October 10th. Oracle’s dividend payout ratio is 41.24%.

About Oracle

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.