Oracle Co. (NYSE:ORCL) is Bryn Mawr Capital Management LLC’s 7th Largest Position

Bryn Mawr Capital Management LLC lowered its stake in shares of Oracle Co. (NYSE:ORCL) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 229,819 shares of the enterprise software provider’s stock after selling 16,613 shares during the period. Oracle makes up approximately 2.1% of Bryn Mawr Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Bryn Mawr Capital Management LLC’s holdings in Oracle were worth $38,297,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. R Squared Ltd bought a new position in Oracle during the fourth quarter worth $25,000. Winch Advisory Services LLC grew its position in Oracle by 89.7% in 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. TFC Financial Management Inc. lifted its position in Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock worth $35,000 after acquiring an additional 120 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in Oracle during the third quarter worth about $44,000. Finally, Synergy Asset Management LLC acquired a new position in Oracle in the fourth quarter worth about $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $168.51 on Wednesday. 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 business has a 50 day moving average of $168.94 and a two-hundred day moving average of $168.12. The company has a market cap of $471.31 billion, a P/E ratio of 41.20, a PEG ratio of 3.46 and a beta of 1.05. Oracle Co. has a 52 week low of $109.79 and a 52 week high of $198.31.

Oracle (NYSE:ORCL) last announced 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 firm had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $1.34 EPS. As a group, analysts anticipate 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. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.95%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Citigroup upped their price target on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Stifel Nicolaus upped their target price on shares of Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Jefferies Financial Group lifted their price target on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. BMO Capital Markets boosted their price objective on shares of Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research report on Tuesday, December 10th. Finally, Guggenheim lifted their price target on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and an average target price of $182.73.

Insider Activity at Oracle

In related news, CEO Safra Catz sold 345,174 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares in the company, 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 is accessible through the SEC website. 42.20% of the stock is owned by insiders.

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.