Blake Schutter Theil Wealth Advisors LLC Sells 7,022 Shares of Oracle Co. (NYSE:ORCL)

Blake Schutter Theil Wealth Advisors LLC decreased its position in shares of Oracle Co. (NYSE:ORCL) by 76.6% in the 4th quarter, HoldingsChannel reports. The fund owned 2,141 shares of the enterprise software provider’s stock after selling 7,022 shares during the period. Blake Schutter Theil Wealth Advisors LLC’s holdings in Oracle were worth $357,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Personal CFO Solutions LLC grew its position in Oracle by 26.8% in the 4th quarter. Personal CFO Solutions LLC now owns 17,350 shares of the enterprise software provider’s stock valued at $2,891,000 after purchasing an additional 3,670 shares during the period. Amundi lifted its stake in shares of Oracle by 15.2% in the fourth quarter. Amundi now owns 12,327,164 shares of the enterprise software provider’s stock valued at $2,012,943,000 after buying an additional 1,623,609 shares in the last quarter. Naviter Wealth LLC grew its holdings in shares of Oracle by 49.5% during the fourth quarter. Naviter Wealth LLC now owns 10,763 shares of the enterprise software provider’s stock valued at $1,794,000 after buying an additional 3,562 shares during the last quarter. Rialto Wealth Management LLC bought a new stake in shares of Oracle during the fourth quarter worth about $68,000. Finally, Hamilton Capital Partners LLC acquired a new stake in shares of Oracle in the 4th quarter worth about $10,582,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Cantor Fitzgerald downgraded Oracle to an “overweight” rating in a research note on Monday, February 10th. Citigroup lifted their target price on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. StockNews.com lowered Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Stifel Nicolaus lifted their price objective 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, BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Twelve research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $182.73.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 345,174 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 42.20% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $155.89 on Friday. The company has a 50-day moving average price of $167.63 and a two-hundred day moving average price of $169.30. Oracle Co. has a twelve month low of $111.18 and a twelve month high of $198.31. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market capitalization of $436.01 billion, a PE ratio of 38.11, a P/E/G ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.06 billion during 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 firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.34 earnings per share. Equities analysts forecast 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 1.03%. Oracle’s dividend payout ratio is currently 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.