Oracle Co. (NYSE:ORCL) Position Raised by Yousif Capital Management LLC

Yousif Capital Management LLC grew its position in shares of Oracle Co. (NYSE:ORCL) by 0.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 235,005 shares of the enterprise software provider’s stock after acquiring an additional 107 shares during the quarter. Yousif Capital Management LLC’s holdings in Oracle were worth $24,777,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ORCL. Bison Wealth LLC raised its holdings in shares of Oracle by 0.8% during the third quarter. Bison Wealth LLC now owns 12,089 shares of the enterprise software provider’s stock valued at $1,280,000 after buying an additional 91 shares during the last quarter. MONECO Advisors LLC grew its stake in shares of Oracle by 1.1% in the third quarter. MONECO Advisors LLC now owns 8,652 shares of the enterprise software provider’s stock worth $916,000 after purchasing an additional 94 shares in the last quarter. Everhart Financial Group Inc. increased its holdings in shares of Oracle by 1.4% during the fourth quarter. Everhart Financial Group Inc. now owns 7,163 shares of the enterprise software provider’s stock valued at $755,000 after purchasing an additional 96 shares during the period. Nicholas Hoffman & Company LLC. raised its stake in shares of Oracle by 1.0% during the third quarter. Nicholas Hoffman & Company LLC. now owns 9,443 shares of the enterprise software provider’s stock valued at $1,000,000 after purchasing an additional 98 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in Oracle by 0.5% in the third quarter. J.W. Cole Advisors Inc. now owns 21,290 shares of the enterprise software provider’s stock worth $2,255,000 after purchasing an additional 100 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 790,000 shares of the stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $141,546,631.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 42.80% of the company’s stock.

Oracle Stock Up 0.5 %

Shares of ORCL stock traded up $0.54 during trading on Tuesday, hitting $115.07. 5,491,654 shares of the company were exchanged, compared to its average volume of 8,535,559. The business’s 50-day simple moving average is $119.23 and its 200 day simple moving average is $113.03. Oracle Co. has a twelve month low of $93.29 and a twelve month high of $132.77. The firm has a market capitalization of $316.27 billion, a price-to-earnings ratio of 30.36, a P/E/G ratio of 2.30 and a beta of 1.01. The company has a debt-to-equity ratio of 13.34, a quick ratio of 0.85 and a current ratio of 0.85.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.04. The company had revenue of $13.28 billion during the quarter, compared to analyst estimates of $13.29 billion. Oracle had a net margin of 20.27% and a return on equity of 336.11%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. As a group, analysts forecast that Oracle Co. will post 4.44 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Tuesday, April 9th. Oracle’s dividend payout ratio (DPR) is presently 42.22%.

Analysts Set New Price Targets

ORCL has been the topic of a number of recent analyst reports. Oppenheimer assumed coverage on shares of Oracle in a research report on Thursday, April 18th. They set a “market perform” rating on the stock. Piper Sandler cut their target price on Oracle from $125.00 to $122.00 and set an “overweight” rating for the company in a research report on Tuesday, January 2nd. StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a research report on Thursday, March 21st. HSBC boosted their price objective on Oracle from $144.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. Finally, Argus raised Oracle from a “hold” rating to a “buy” rating in a report on Thursday, March 14th. Eleven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $130.76.

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.