Focus Partners Advisor Solutions LLC Grows Stock Holdings in Oracle Corporation $ORCL

Focus Partners Advisor Solutions LLC lifted its position in Oracle Corporation (NYSE:ORCLFree Report) by 30.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 63,800 shares of the enterprise software provider’s stock after buying an additional 14,886 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Oracle were worth $16,958,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares during the last quarter. Sivia Capital Partners LLC increased its position in Oracle by 21.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,348 shares of the enterprise software provider’s stock valued at $951,000 after buying an additional 768 shares in the last quarter. United Bank raised its stake in Oracle by 6.8% in the second quarter. United Bank now owns 15,038 shares of the enterprise software provider’s stock valued at $3,288,000 after buying an additional 963 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Oracle by 19.2% in the second quarter. Schnieders Capital Management LLC. now owns 52,856 shares of the enterprise software provider’s stock worth $11,556,000 after acquiring an additional 8,530 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Up 2.7%

Shares of Oracle stock opened at $149.32 on Tuesday. The stock has a market cap of $429.02 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.27 and a beta of 1.66. The firm has a fifty day moving average price of $173.29 and a 200 day moving average price of $223.14. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.28, a current ratio of 0.91 and a quick ratio of 0.91.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The enterprise software provider reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.62. The company had revenue of $16.06 billion for the quarter, compared to the consensus estimate of $16.19 billion. Oracle had a return on equity of 70.60% and a net margin of 25.28%.The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period last year, the firm earned $1.47 EPS. Equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Friday, January 9th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, January 9th. Oracle’s dividend payout ratio is currently 37.59%.

Insider Buying and Selling

In related news, CEO Clayton M. Magouyrk sold 10,000 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $155.23, for a total transaction of $1,552,300.00. Following the sale, the chief executive officer directly owned 134,030 shares of the company’s stock, valued at approximately $20,805,476.90. This represents a 6.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Douglas A. Kehring sold 35,000 shares of Oracle stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $194.89, for a total transaction of $6,821,150.00. Following the completion of the transaction, the executive vice president directly owned 33,638 shares of the company’s stock, valued at $6,555,709.82. The trade was a 50.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 72,223 shares of company stock worth $13,689,064. 40.90% of the stock is currently owned by company insiders.

More Oracle News

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Wall Street Analysts Forecast Growth

ORCL has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 23rd. UBS Group reissued a “buy” rating on shares of Oracle in a research report on Monday, February 2nd. Bank of America cut their price target on shares of Oracle from $368.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. KeyCorp decreased their price target on shares of Oracle from $350.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Finally, Scotiabank lowered their price objective on shares of Oracle from $260.00 to $220.00 and set a “sector outperform” rating for the company in a research note on Tuesday, February 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $287.94.

Get Our Latest Stock Report on ORCL

Oracle Company Profile

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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