Valeo Financial Advisors LLC Has $13.89 Million Stock Position in Oracle Co. (NYSE:ORCL)

Valeo Financial Advisors LLC grew its position in Oracle Co. (NYSE:ORCL) by 2.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 83,371 shares of the enterprise software provider’s stock after acquiring an additional 2,382 shares during the period. Valeo Financial Advisors LLC’s holdings in Oracle were worth $13,893,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its holdings in shares of Oracle by 0.8% in the 4th quarter. Blue Trust Inc. now owns 27,413 shares of the enterprise software provider’s stock valued at $4,568,000 after buying an additional 224 shares during the period. Roman Butler Fullerton & Co. grew its holdings in shares of Oracle by 2.0% in the 4th quarter. Roman Butler Fullerton & Co. now owns 14,932 shares of the enterprise software provider’s stock valued at $2,363,000 after buying an additional 292 shares during the period. GFG Capital LLC grew its holdings in shares of Oracle by 1.6% in the 4th quarter. GFG Capital LLC now owns 21,388 shares of the enterprise software provider’s stock valued at $3,564,000 after buying an additional 330 shares during the period. Campbell Wealth Management acquired a new position in shares of Oracle in the 4th quarter valued at $476,000. Finally, Asset Planning Inc acquired a new position in Oracle in the 4th quarter worth $118,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In related news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction 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 completion of the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. This trade represents a 65.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 42.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ORCL shares. KeyCorp upped their target price on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Piper Sandler upped their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Guggenheim upped their target price on shares of Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. UBS Group upped their target price on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, DA Davidson boosted their price target on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $182.73.

Oracle Price Performance

ORCL stock opened at $173.50 on Friday. The company has a fifty day moving average price of $169.69 and a 200-day moving average price of $165.35. The company has a market capitalization of $485.27 billion, a P/E ratio of 42.42, a PEG ratio of 3.39 and a beta of 1.05. Oracle Co. has a 52-week low of $106.51 and a 52-week high of $198.31. 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 (NYSE:ORCL) last released its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.34 EPS. As a group, equities analysts expect that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio is presently 39.12%.

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.