Oracle Co. (NYSE:ORCL) Shares Bought by Wrapmanager Inc.

Wrapmanager Inc. raised its holdings in Oracle Co. (NYSE:ORCL) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,685 shares of the enterprise software provider’s stock after buying an additional 471 shares during the period. Wrapmanager Inc.’s holdings in Oracle were worth $1,614,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. State Street Corp raised its holdings in Oracle by 2.7% in the third quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider’s stock valued at $12,003,241,000 after acquiring an additional 1,847,561 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Oracle by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider’s stock valued at $5,977,015,000 after purchasing an additional 885,041 shares in the last quarter. Franklin Resources Inc. raised its stake in Oracle by 11.6% in the third quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider’s stock valued at $3,370,640,000 after buying an additional 1,917,416 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in Oracle by 1.8% during the 3rd quarter. Fisher Asset Management LLC now owns 17,898,029 shares of the enterprise software provider’s stock worth $3,049,824,000 after buying an additional 310,709 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Oracle by 0.4% during the 3rd quarter. Janus Henderson Group PLC now owns 14,608,951 shares of the enterprise software provider’s stock worth $2,489,345,000 after acquiring an additional 54,868 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $170.00 on Tuesday. 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 cap of $475.48 billion, a PE ratio of 41.56, a P/E/G ratio of 3.46 and a beta of 1.05. The company’s fifty day simple moving average is $168.97 and its 200-day simple moving average is $167.87. Oracle Co. has a 52 week low of $109.79 and a 52 week high of $198.31.

Oracle (NYSE:ORCL) last released its quarterly earnings data 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). 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 analysts’ expectations of $14.12 billion. During the same period last year, the business earned $1.34 earnings per share. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.94%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. This represents a 23.58 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 42.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on ORCL shares. BNP Paribas raised Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Piper Sandler raised their price target on Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Citigroup increased their price objective on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $165.00 price target on shares of Oracle in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.