Oracle Corporation $ORCL Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. grew its position in Oracle Corporation (NYSE:ORCL) by 3.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,230 shares of the enterprise software provider’s stock after buying an additional 829 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Oracle were worth $3,667,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its position in Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the period. Nuveen LLC acquired a new position in Oracle during the 1st quarter worth $732,692,000. Rockland Trust Co. lifted its holdings in shares of Oracle by 4.8% in the first quarter. Rockland Trust Co. now owns 10,165 shares of the enterprise software provider’s stock valued at $1,421,000 after buying an additional 467 shares during the period. Finally, Calamos Advisors LLC lifted its holdings in shares of Oracle by 1.5% in the first quarter. Calamos Advisors LLC now owns 711,290 shares of the enterprise software provider’s stock valued at $99,445,000 after buying an additional 10,426 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, insider Michael D. Sicilia sold 15,880 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $254.48, for a total transaction of $4,041,142.40. Following the completion of the sale, the insider owned 99,212 shares in the company, valued at $25,247,469.76. The trade was a 13.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Rona Alison Fairhead purchased 480 shares of the business’s stock in a transaction that occurred on Monday, July 7th. The stock was bought at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the purchase, the director owned 22,110 shares of the company’s stock, valued at $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 444,183 shares of company stock worth $86,521,198. 42.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on ORCL. KeyCorp upped their price target on Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $195.00 target price (up from $145.00) on shares of Oracle in a research report on Friday, June 13th. CIBC reaffirmed a “buy” rating on shares of Oracle in a research report on Monday, June 9th. BMO Capital Markets upped their target price on Oracle from $235.00 to $245.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Finally, Scotiabank started coverage on Oracle in a research note on Thursday, July 17th. They set a “sector outperform” rating and a $300.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $227.04.

Oracle Price Performance

Oracle stock opened at $235.87 on Thursday. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $662.51 billion, a PE ratio of 54.35, a price-to-earnings-growth ratio of 3.50 and a beta of 1.43. Oracle Corporation has a one year low of $118.86 and a one year high of $260.87. The business has a 50 day simple moving average of $236.89 and a 200 day simple moving average of $184.08.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.06. The firm had revenue of $15.90 billion for the quarter, compared to analyst estimates of $15.58 billion. Oracle had a return on equity of 87.34% and a net margin of 21.68%.The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $1.63 EPS. On average, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

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.