Personal CFO Solutions LLC Has $985,000 Stake in Oracle Co. (NYSE:ORCL)

Personal CFO Solutions LLC grew its holdings in Oracle Co. (NYSE:ORCL) by 114.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,339 shares of the enterprise software provider’s stock after purchasing an additional 4,978 shares during the quarter. Personal CFO Solutions LLC’s holdings in Oracle were worth $985,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ORCL. Vantage Financial Partners Ltd. Inc. boosted its position in Oracle by 2.6% in the 4th quarter. Vantage Financial Partners Ltd. Inc. now owns 3,900 shares of the enterprise software provider’s stock valued at $411,000 after buying an additional 100 shares during the last quarter. Vermillion & White Wealth Management Group LLC acquired a new stake in Oracle in the fourth quarter worth about $110,000. Waterloo Capital L.P. raised its holdings in Oracle by 75.6% during the 4th quarter. Waterloo Capital L.P. now owns 5,721 shares of the enterprise software provider’s stock worth $603,000 after purchasing an additional 2,463 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in Oracle during the 4th quarter valued at about $633,000. Finally, Prudential PLC boosted its stake in shares of Oracle by 13.7% in the 4th quarter. Prudential PLC now owns 113,953 shares of the enterprise software provider’s stock valued at $12,014,000 after purchasing an additional 13,724 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent analyst reports. Argus upgraded Oracle from a “hold” rating to a “buy” rating in a report on Thursday, March 14th. BMO Capital Markets boosted their price objective on shares of Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a report on Tuesday, March 12th. William Blair upgraded shares of Oracle from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 12th. Oppenheimer assumed coverage on shares of Oracle in a research report on Thursday, April 18th. They issued a “market perform” rating for the company. Finally, The Goldman Sachs Group lifted their target price on Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Eleven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average target price of $130.76.

Insiders Place Their Bets

In related news, Director George H. Conrades sold 20,000 shares of Oracle stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $116.00, for a total transaction of $2,320,000.00. Following the sale, the director now directly owns 17,836 shares in the company, valued at approximately $2,068,976. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Oracle news, Director George H. Conrades sold 20,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $116.00, for a total transaction of $2,320,000.00. Following the completion of the sale, the director now owns 17,836 shares of the company’s stock, valued at approximately $2,068,976. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael J. Boskin sold 45,000 shares of Oracle stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $117.74, for a total transaction of $5,298,300.00. Following the transaction, the director now directly owns 87,473 shares of the company’s stock, valued at approximately $10,299,071.02. The disclosure for this sale can be found here. Insiders sold a total of 880,000 shares of company stock valued at $110,488,150 in the last 90 days. Corporate insiders own 42.80% of the company’s stock.

Oracle Stock Performance

Oracle stock traded up $2.42 during midday trading on Friday, hitting $125.92. The company’s stock had a trading volume of 11,544,957 shares, compared to its average volume of 6,887,071. The company has a debt-to-equity ratio of 13.34, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $346.09 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.60 and a beta of 1.01. Oracle Co. has a 1-year low of $99.26 and a 1-year high of $132.77. The company has a 50-day moving average price of $120.21 and a two-hundred day moving average price of $115.53.

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

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. Oracle’s dividend payout ratio is currently 42.22%.

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.