Voya Investment Management LLC lessened its position in shares of Oracle Corporation (NYSE:ORCL) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,545,905 shares of the enterprise software provider’s stock after selling 184,300 shares during the quarter. Oracle accounts for 0.6% of Voya Investment Management LLC’s portfolio, making the stock its 26th largest position. Voya Investment Management LLC owned approximately 0.13% of Oracle worth $278,071,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Schwab Charles Investment Management Inc. boosted its stake in shares of Oracle by 4.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 10,159,207 shares of the enterprise software provider’s stock worth $509,383,000 after buying an additional 450,836 shares during the last quarter. Partnervest Advisory Services LLC boosted its stake in shares of Oracle by 0.6% in the second quarter. Partnervest Advisory Services LLC now owns 6,731 shares of the enterprise software provider’s stock worth $337,000 after buying an additional 39 shares during the last quarter. Lockheed Martin Investment Management Co. boosted its stake in shares of Oracle by 125.6% in the second quarter. Lockheed Martin Investment Management Co. now owns 166,160 shares of the enterprise software provider’s stock worth $8,331,000 after buying an additional 92,500 shares during the last quarter. Pinnacle Financial Partners Inc. boosted its stake in shares of Oracle by 8.9% in the second quarter. Pinnacle Financial Partners Inc. now owns 113,707 shares of the enterprise software provider’s stock worth $5,701,000 after buying an additional 9,328 shares during the last quarter. Finally, LGT Capital Partners LTD. boosted its stake in shares of Oracle by 14.0% in the second quarter. LGT Capital Partners LTD. now owns 623,463 shares of the enterprise software provider’s stock worth $31,260,000 after buying an additional 76,653 shares during the last quarter. Institutional investors and hedge funds own 57.70% of the company’s stock.

Shares of Oracle Corporation (NYSE:ORCL) traded up $1.08 during trading on Friday, hitting $49.60. The company’s stock had a trading volume of 14,404,743 shares, compared to its average volume of 12,138,436. Oracle Corporation has a fifty-two week low of $38.30 and a fifty-two week high of $53.14. The firm has a market capitalization of $202,497.53, a PE ratio of 19.03, a P/E/G ratio of 1.85 and a beta of 1.05. The company has a quick ratio of 3.61, a current ratio of 3.63 and a debt-to-equity ratio of 0.86.

Oracle (NYSE:ORCL) last announced its earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Oracle had a return on equity of 20.55% and a net margin of 25.34%. The business had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. equities analysts forecast that Oracle Corporation will post 2.68 EPS for the current fiscal year.

A number of analysts have recently commented on the company. Wedbush restated an “outperform” rating and issued a $58.00 target price on shares of Oracle in a research note on Friday, September 15th. UBS restated a “buy” rating and issued a $57.00 target price (up previously from $52.00) on shares of Oracle in a research note on Friday, September 15th. J P Morgan Chase & Co set a $55.00 target price on Oracle and gave the stock a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research cut Oracle from a “buy” rating to a “hold” rating in a report on Friday, September 15th. Finally, Jefferies Group upped their price target on Oracle from $60.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, September 15th. Twelve analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $55.04.

In other news, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $48.83, for a total value of $183,112.50. Following the completion of the sale, the director now directly owns 18,125 shares in the company, valued at $885,043.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey Berg sold 45,000 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $48.03, for a total value of $2,161,350.00. The disclosure for this sale can be found here. Insiders have sold 305,776 shares of company stock valued at $14,821,999 in the last three months. Insiders own 29.00% of the company’s stock.

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Oracle Company 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 (NYSE:ORCL)

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