Oracle Co. (NYSE:ORCL) Shares Sold by Neumann Capital Management LLC

Neumann Capital Management LLC decreased its holdings in shares of Oracle Co. (NYSE:ORCL) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,993 shares of the enterprise software provider’s stock after selling 1,317 shares during the period. Oracle comprises 4.3% of Neumann Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Neumann Capital Management LLC’s holdings in Oracle were worth $12,830,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Winch Advisory Services LLC increased its holdings in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after purchasing an additional 87 shares in the last quarter. Reston Wealth Management LLC bought a new position in Oracle in the 3rd quarter valued at $44,000. Avondale Wealth Management acquired a new stake in Oracle in the third quarter worth about $51,000. Friedenthal Financial bought a new stake in shares of Oracle during the third quarter worth approximately $51,000. Finally, Activest Wealth Management raised its position in shares of Oracle by 21.9% during the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after acquiring an additional 56 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of NYSE ORCL opened at $186.08 on Friday. 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 company has a market cap of $520.44 billion, a PE ratio of 45.50, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. Oracle Co. has a twelve month low of $106.51 and a twelve month high of $198.31. The business’s 50 day moving average price is $174.43 and its two-hundred day moving average price is $162.05.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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). The company had revenue of $14.06 billion during 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 firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company posted $1.34 EPS. On average, analysts predict that Oracle Co. will post 5.01 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.86%. Oracle’s payout ratio is 39.12%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ORCL shares. JMP Securities restated a “market outperform” rating and set a $205.00 target price on shares of Oracle in a report on Wednesday. Cantor Fitzgerald began coverage on shares of Oracle in a report on Friday, January 17th. They set an “overweight” rating and a $214.00 price objective for the company. Evercore ISI increased their target price on shares of Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a report on Friday. Finally, Stifel Nicolaus boosted their target price on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $182.73.

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.