GFG Capital LLC Grows Holdings in Oracle Co. (NYSE:ORCL)

GFG Capital LLC lifted its holdings in Oracle Co. (NYSE:ORCL) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,388 shares of the enterprise software provider’s stock after buying an additional 330 shares during the quarter. Oracle makes up about 0.9% of GFG Capital LLC’s holdings, making the stock its 24th biggest holding. GFG Capital LLC’s holdings in Oracle were worth $3,564,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ORCL. Principal Financial Group Inc. lifted its stake in Oracle by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock valued at $411,748,000 after acquiring an additional 121,874 shares during the period. McClarren Financial Advisors Inc. lifted its stake in Oracle by 201.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,599 shares of the enterprise software provider’s stock valued at $266,000 after acquiring an additional 1,069 shares during the period. RMR Wealth Builders increased its position in shares of Oracle by 383.4% during the 4th quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock valued at $1,192,000 after purchasing an additional 5,675 shares during the last quarter. Foundations Investment Advisors LLC increased its position in shares of Oracle by 24.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 164,593 shares of the enterprise software provider’s stock valued at $27,428,000 after purchasing an additional 32,718 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in shares of Oracle during the 4th quarter valued at about $1,800,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Up 1.1 %

NYSE:ORCL opened at $174.08 on Friday. The company has a market cap of $486.89 billion, a price-to-earnings ratio of 42.56, a price-to-earnings-growth ratio of 3.39 and a beta of 1.05. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a twelve month low of $106.51 and a twelve month high of $198.31. The stock has a fifty day simple moving average of $169.94 and a 200-day simple moving average of $165.29.

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 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 business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.34 EPS. Analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.92%. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ORCL shares. Evercore ISI upped their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Cantor Fitzgerald began coverage on shares of Oracle in a report on Friday, January 17th. They issued an “overweight” rating and a $214.00 target price for the company. Monness Crespi & Hardt lowered shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a report on Friday, December 20th. Stifel Nicolaus increased their target price on shares of Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Finally, Morgan Stanley increased their target price on shares of Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 10th. One investment 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 MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $207,565,931.52. This trade represents a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 42.20% of the stock is owned by insiders.

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.