Oracle Co. (NYSE:ORCL) Stock Position Raised by Diversified Trust Co

Diversified Trust Co lifted its position in Oracle Co. (NYSE:ORCL) by 34.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,311 shares of the enterprise software provider’s stock after buying an additional 9,271 shares during the quarter. Diversified Trust Co’s holdings in Oracle were worth $6,051,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new position in shares of Oracle during the 2nd quarter valued at about $132,000. Acadian Asset Management LLC raised its position in shares of Oracle by 2.7% in the second quarter. Acadian Asset Management LLC now owns 147,204 shares of the enterprise software provider’s stock valued at $20,776,000 after purchasing an additional 3,912 shares during the period. Anchor Capital Advisors LLC boosted its holdings in shares of Oracle by 29.9% during the 2nd quarter. Anchor Capital Advisors LLC now owns 6,075 shares of the enterprise software provider’s stock worth $858,000 after buying an additional 1,400 shares during the period. Ausdal Financial Partners Inc. grew its stake in Oracle by 1.6% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 9,530 shares of the enterprise software provider’s stock valued at $1,346,000 after buying an additional 149 shares during the last quarter. Finally, Mount Lucas Management LP bought a new position in Oracle in the 2nd quarter worth $164,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL traded down $1.84 during midday trading on Tuesday, reaching $163.85. The company’s stock had a trading volume of 2,285,544 shares, compared to its average volume of 5,033,889. The business’s fifty day simple moving average is $178.48 and its 200-day simple moving average is $160.45. The company has a market capitalization of $458.28 billion, a P/E ratio of 40.06, a P/E/G ratio of 3.39 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.72. Oracle Co. has a fifty-two week low of $102.13 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL) last announced its earnings results 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). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.06 billion during 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 company’s revenue was up 8.6% on a year-over-year basis. As a group, equities research analysts expect that Oracle Co. will post 5.03 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.98%. Oracle’s payout ratio is 39.12%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Evercore ISI upped their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. BNP Paribas raised Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Guggenheim increased their price objective on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Mizuho upped their target price on shares of Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Finally, Melius raised shares of Oracle from a “hold” rating to a “buy” rating and set a $210.00 price objective for the company in a research report on Monday, September 16th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $181.48.

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.