Oxford Financial Group LTD. LLC Has $1.08 Million Position in Oracle Co. (NYSE:ORCL)

Oxford Financial Group LTD. LLC lessened its position in Oracle Co. (NYSE:ORCL) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 6,507 shares of the enterprise software provider’s stock after selling 166 shares during the period. Oxford Financial Group LTD. LLC’s holdings in Oracle were worth $1,084,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ORCL. R Squared Ltd acquired a new position in Oracle during the fourth quarter worth $25,000. Winch Advisory Services LLC lifted its stake in shares of Oracle by 89.7% during 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 during the last quarter. Synergy Investment Management LLC bought a new position in Oracle during the fourth quarter worth about $34,000. TFC Financial Management Inc. increased its position in Oracle by 129.0% during the fourth 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 bought a new position in Oracle during the fourth quarter worth about $47,000. Institutional investors own 42.44% of the company’s stock.

Insider Activity

In other news, CEO Safra Catz sold 2,101,154 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the completion of the transaction, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 42.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. KeyCorp reaffirmed an “overweight” rating and set a $200.00 price target on shares of Oracle in a report on Tuesday, March 11th. Stephens assumed coverage on shares of Oracle in a report on Wednesday. They set an “equal weight” rating and a $167.00 price target on the stock. Monness Crespi & Hardt raised shares of Oracle from a “sell” rating to a “neutral” rating in a report on Monday, March 3rd. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Finally, BMO Capital Markets cut their target price on shares of Oracle from $205.00 to $175.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 11th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average target price of $179.20.

Oracle Trading Up 0.2 %

ORCL stock opened at $152.78 on Friday. The company has a market capitalization of $427.31 billion, a PE ratio of 37.35, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. Oracle Co. has a one year low of $112.78 and a one year high of $198.31. The company’s 50 day moving average price is $164.90 and its two-hundred day moving average price is $169.77. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81.

Oracle (NYSE:ORCL) last released its quarterly earnings results 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 company had revenue of $14.13 billion during 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%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.41 EPS. As a group, 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 $0.50 dividend. This is a positive change from Oracle’s previous quarterly dividend of $0.40. The ex-dividend date is Thursday, April 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.31%. Oracle’s payout ratio is 46.95%.

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.