Nilsine Partners LLC Acquires 2,445 Shares of Oracle Co. (NYSE:ORCL)

Nilsine Partners LLC grew its holdings in Oracle Co. (NYSE:ORCL) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,067 shares of the enterprise software provider’s stock after purchasing an additional 2,445 shares during the quarter. Nilsine Partners LLC’s holdings in Oracle were worth $4,844,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ORCL. Winch Advisory Services LLC boosted its position in shares of Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after acquiring an additional 87 shares during the period. Reston Wealth Management LLC bought a new stake in shares of Oracle in the third quarter valued at about $44,000. Avondale Wealth Management acquired a new position in Oracle in the 3rd quarter valued at approximately $51,000. Friedenthal Financial bought a new stake in shares of Oracle in the 3rd quarter worth approximately $51,000. Finally, Activest Wealth Management grew its holdings in shares of Oracle by 21.9% during 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 in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This trade represents a 65.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 42.20% of the stock is owned by corporate insiders.

Oracle Trading Down 13.9 %

NYSE ORCL opened at $158.10 on Tuesday. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31. The stock has a 50-day simple moving average of $174.41 and a 200 day simple moving average of $162.79. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market capitalization of $442.19 billion, a PE ratio of 38.65, a P/E/G ratio of 3.62 and a beta of 1.06.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. Research analysts forecast that Oracle Co. will post 5.01 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ORCL. Evercore ISI lifted their price target on shares of Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Jefferies Financial Group upped their target price on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. JMP Securities restated a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research note on Wednesday, January 22nd. DA Davidson upped their price objective on Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, Mizuho increased their target price on Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and an average price target of $182.73.

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.