Oracle Corporation $ORCL Shares Bought by Compound Planning Inc.

Compound Planning Inc. raised its holdings in Oracle Corporation (NYSE:ORCL) by 5.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,751 shares of the enterprise software provider’s stock after purchasing an additional 848 shares during the period. Compound Planning Inc.’s holdings in Oracle were worth $2,482,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ORCL. Brighton Jones LLC increased its position in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after acquiring an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after acquiring an additional 404 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Oracle by 7.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 64,065 shares of the enterprise software provider’s stock worth $10,676,000 after acquiring an additional 4,550 shares during the period. Hancock Whitney Corp increased its holdings in shares of Oracle by 0.8% in the 4th quarter. Hancock Whitney Corp now owns 25,814 shares of the enterprise software provider’s stock worth $4,302,000 after acquiring an additional 201 shares during the period. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of Oracle by 268.4% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,077,947 shares of the enterprise software provider’s stock worth $512,909,000 after acquiring an additional 2,242,520 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

ORCL stock opened at $236.1670 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07. The company has a market capitalization of $663.35 billion, a price-to-earnings ratio of 54.42, a P/E/G ratio of 3.48 and a beta of 1.43. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $260.87. The firm has a 50 day moving average of $235.36 and a two-hundred day moving average of $182.79.

Oracle (NYSE:ORCL) last posted its earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, topping the consensus estimate of $1.64 by $0.06. The company had revenue of $15.90 billion during the quarter, compared to the consensus estimate of $15.58 billion. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.63 earnings per share. As a group, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, July 10th. Oracle’s payout ratio is currently 46.08%.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 15,880 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $254.48, for a total value of $4,041,142.40. Following the completion of the sale, the insider directly owned 99,212 shares of the company’s stock, valued at $25,247,469.76. The trade was a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 444,183 shares of company stock valued at $86,521,198. 42.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of research reports. Jefferies Financial Group raised their target price on shares of Oracle from $190.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, June 9th. Morgan Stanley reiterated an “overweight” rating on shares of Oracle in a report on Wednesday, June 18th. UBS Group raised their target price on shares of Oracle from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Barclays reiterated an “overweight” rating and issued a $221.00 target price (up from $202.00) on shares of Oracle in a report on Friday, June 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $227.04.

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.