Oracle Co. (NYSE:ORCL) Position Raised by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. lifted its position in shares of Oracle Co. (NYSE:ORCL) by 32.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,849 shares of the enterprise software provider’s stock after acquiring an additional 1,904 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Oracle were worth $1,308,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Oracle in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC grew its holdings in Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares in the last quarter. Synergy Investment Management LLC acquired a new stake in Oracle in the 4th quarter valued at approximately $34,000. TFC Financial Management Inc. boosted 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 period. Finally, Synergy Asset Management LLC acquired a new position in Oracle during the 4th quarter worth $47,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $147.71 on Thursday. The firm has a market cap of $413.15 billion, a P/E ratio of 36.12, a PEG ratio of 3.46 and a beta of 1.07. 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 fifty-two week low of $112.78 and a fifty-two week high of $198.31. The stock’s 50-day moving average is $164.62 and its two-hundred day moving average is $170.28.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.02). The business had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.41 EPS. Analysts predict that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.35%. This is an increase from Oracle’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 10th. Oracle’s dividend payout ratio is presently 46.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ORCL shares. KeyCorp restated an “overweight” rating and set a $200.00 price objective on shares of Oracle in a research note on Tuesday, March 11th. Bank of America reduced their price target on shares of Oracle from $195.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday, March 11th. Piper Sandler lowered their price objective on shares of Oracle from $210.00 to $190.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 11th. BMO Capital Markets cut their target price on Oracle from $205.00 to $175.00 and set a “market perform” rating for the company in a research report on Tuesday, March 11th. Finally, Citigroup decreased their price target on Oracle from $194.00 to $160.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Thirteen research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.20.

Oracle Company 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.