Apertura Capital LLC cut its holdings in shares of Oracle Corporation (NYSE:ORCL) by 20.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 400,000 shares of the enterprise software provider’s stock after selling 105,000 shares during the quarter. Oracle Corporation comprises 5.0% of Apertura Capital LLC’s investment portfolio, making the stock its 4th largest holding. Apertura Capital LLC’s holdings in Oracle Corporation were worth $20,056,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. State Street Corp lifted its holdings in shares of Oracle Corporation by 1.0% during the first quarter. State Street Corp now owns 123,195,917 shares of the enterprise software provider’s stock worth $5,495,769,000 after buying an additional 1,187,802 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Oracle Corporation by 2.9% during the first quarter. Bank of New York Mellon Corp now owns 53,750,832 shares of the enterprise software provider’s stock worth $2,397,824,000 after buying an additional 1,521,879 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of Oracle Corporation by 1.2% during the second quarter. First Eagle Investment Management LLC now owns 41,717,395 shares of the enterprise software provider’s stock worth $2,091,710,000 after buying an additional 482,220 shares during the last quarter. Harris Associates L P lifted its holdings in shares of Oracle Corporation by 0.4% during the first quarter. Harris Associates L P now owns 41,561,715 shares of the enterprise software provider’s stock worth $1,854,068,000 after buying an additional 156,122 shares during the last quarter. Finally, Boston Partners lifted its holdings in shares of Oracle Corporation by 5.4% during the second quarter. Boston Partners now owns 19,225,637 shares of the enterprise software provider’s stock worth $963,974,000 after buying an additional 991,458 shares during the last quarter. Institutional investors own 58.05% of the company’s stock.

A number of research firms have recently issued reports on ORCL. Wedbush restated an “outperform” rating and set a $58.00 price objective on shares of Oracle Corporation in a research report on Friday, September 15th. UBS AG restated a “buy” rating and set a $57.00 price objective (up from $52.00) on shares of Oracle Corporation in a research report on Friday, September 15th. J P Morgan Chase & Co set a $55.00 price objective on Oracle Corporation and gave the company a “buy” rating in a research report on Friday, September 15th. Zacks Investment Research cut Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Finally, Jefferies Group LLC boosted their price objective on Oracle Corporation from $60.00 to $61.00 and gave the company a “buy” rating in a research report on Friday, September 15th. Twelve analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the stock. Oracle Corporation currently has an average rating of “Buy” and an average target price of $55.05.

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Oracle Corporation (NYSE:ORCL) opened at $49.32 on Monday. The company has a current ratio of 3.63, a quick ratio of 3.61 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $205,836.33, a PE ratio of 19.34, a P/E/G ratio of 1.88 and a beta of 1.07. Oracle Corporation has a fifty-two week low of $37.64 and a fifty-two week high of $53.14.

Oracle Corporation (NYSE:ORCL) last posted its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.02. The business had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $9.03 billion. Oracle Corporation had a return on equity of 20.55% and a net margin of 25.34%. Oracle Corporation’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned $0.55 earnings per share. analysts anticipate that Oracle Corporation will post 2.68 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 11th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, October 10th. This represents a $0.76 dividend on an annualized basis and a yield of 1.54%. Oracle Corporation’s dividend payout ratio is 33.19%.

In other Oracle Corporation news, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $48.70, for a total value of $182,625.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dorian Daley sold 25,776 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $48.05, for a total value of $1,238,536.80. Following the completion of the transaction, the executive vice president now owns 30,977 shares of the company’s stock, valued at $1,488,444.85. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 305,776 shares of company stock valued at $14,822,112. Corporate insiders own 29.00% of the company’s stock.

Oracle Corporation Profile

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

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Institutional Ownership by Quarter for Oracle Corporation (NYSE:ORCL)

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