Tudor Financial Inc. Sells 1,294 Shares of Oracle Co. (NYSE:ORCL)

Tudor Financial Inc. lessened its holdings in shares of Oracle Co. (NYSE:ORCL) by 14.4% during the 4th quarter, Holdings Channel reports. The firm owned 7,693 shares of the enterprise software provider’s stock after selling 1,294 shares during the period. Tudor Financial Inc.’s holdings in Oracle were worth $1,282,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Winch Advisory Services LLC grew its holdings in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares in the last quarter. Reston Wealth Management LLC purchased a new position in Oracle during the 3rd quarter valued at approximately $44,000. Avondale Wealth Management purchased a new position in Oracle during the 3rd quarter valued at approximately $51,000. Friedenthal Financial purchased a new position in shares of Oracle in the 3rd quarter worth approximately $51,000. Finally, Activest Wealth Management boosted its holdings in shares of Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after purchasing an additional 56 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Up 0.9 %

Shares of ORCL stock opened at $161.05 on Tuesday. 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’s fifty day moving average price is $175.44 and its 200 day moving average price is $161.58. The company has a market cap of $450.44 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 3.16 and a beta of 1.06. Oracle Co. has a 1-year low of $106.51 and a 1-year high of $198.31.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.34 EPS. On average, research analysts expect that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.99%. Oracle’s payout ratio is 39.12%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ORCL shares. Evercore ISI lifted their target price on Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. BMO Capital Markets lifted their target price on Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a report on Tuesday, December 10th. Stifel Nicolaus lifted their target price on Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. BNP Paribas upgraded Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Finally, Guggenheim boosted their price objective on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $182.73.

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.