Beacon Financial Advisory LLC Buys 96 Shares of Oracle Co. (NYSE:ORCL)

Beacon Financial Advisory LLC increased its stake in shares of Oracle Co. (NYSE:ORCL) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,388 shares of the enterprise software provider’s stock after acquiring an additional 96 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Oracle were worth $731,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of ORCL. R Squared Ltd acquired a new stake in shares of Oracle in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC raised its stake in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after acquiring an additional 87 shares in the last quarter. Reston Wealth Management LLC bought a new position in shares of Oracle in the third quarter worth about $44,000. Synergy Asset Management LLC bought a new stake in shares of Oracle during the 4th quarter valued at approximately $47,000. Finally, Avondale Wealth Management acquired a new position in Oracle during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $185.35, for a total value of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 42.20% of the company’s stock.

Oracle Trading Up 2.2 %

NYSE:ORCL opened at $171.52 on Thursday. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a one year low of $106.51 and a one year high of $198.31. The company has a market cap of $479.73 billion, a PE ratio of 41.94, a PEG ratio of 3.35 and a beta of 1.05. The firm has a 50-day moving average of $171.05 and a 200-day moving average of $164.00.

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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same period in the prior year, the firm posted $1.34 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities research analysts expect that Oracle Co. will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analysts Set New Price Targets

A number of research firms have weighed in on ORCL. KeyCorp boosted 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. UBS Group upped their target price on Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. BNP Paribas upgraded Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Cantor Fitzgerald began coverage on Oracle in a research note on Friday, January 17th. They issued an “overweight” rating and a $214.00 price objective for the company. Finally, Piper Sandler lifted their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.