Hantz Financial Services Inc. Has $45.91 Million Position in Oracle Co. (NYSE:ORCL)

Hantz Financial Services Inc. lifted its position in Oracle Co. (NYSE:ORCL) by 19.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 275,531 shares of the enterprise software provider’s stock after purchasing an additional 44,844 shares during the quarter. Oracle accounts for approximately 0.8% of Hantz Financial Services Inc.’s holdings, making the stock its 24th biggest holding. Hantz Financial Services Inc.’s holdings in Oracle were worth $45,914,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Oracle during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC increased 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 purchasing an additional 87 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in Oracle during the 3rd quarter valued at $44,000. Avondale Wealth Management bought a new position in Oracle in the 3rd quarter valued at $51,000. Finally, Friedenthal Financial bought a new stake in shares of Oracle during the third quarter worth $51,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,331,027.20. This trade represents a 65.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 42.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ORCL. Monness Crespi & Hardt cut Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target for the company. in a report on Friday, December 20th. Royal Bank of Canada reiterated a “sector perform” rating and set a $165.00 target price on shares of Oracle in a research report on Thursday, December 5th. StockNews.com cut shares of Oracle from a “buy” rating to a “hold” rating in a research report on Friday, January 24th. Mizuho increased their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Finally, Evercore ISI boosted their target price on Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $182.73.

Oracle Price Performance

NYSE ORCL opened at $164.12 on Wednesday. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a 52-week low of $106.51 and a 52-week high of $198.31. The business has a 50 day simple moving average of $173.36 and a 200 day simple moving average of $163.03. The stock has a market cap of $459.04 billion, a price-to-earnings ratio of 40.13, a PEG ratio of 3.62 and a beta of 1.06.

Oracle (NYSE:ORCL) last issued its quarterly earnings data 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). The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 earnings per share. Analysts anticipate that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio is presently 39.12%.

Oracle Company 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.