Prospera Financial Services Inc Boosts Holdings in Oracle Corporation $ORCL

Prospera Financial Services Inc raised its stake in shares of Oracle Corporation (NYSE:ORCLFree Report) by 15.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,305 shares of the enterprise software provider’s stock after purchasing an additional 11,159 shares during the period. Prospera Financial Services Inc’s holdings in Oracle were worth $16,242,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ORCL. Xponance Inc. boosted its stake in shares of Oracle by 1.8% in the third quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider’s stock worth $114,336,000 after acquiring an additional 7,320 shares during the last quarter. Stonegate Investment Group LLC boosted its stake in shares of Oracle by 3.2% in the third quarter. Stonegate Investment Group LLC now owns 99,400 shares of the enterprise software provider’s stock worth $27,955,000 after acquiring an additional 3,065 shares during the last quarter. DDD Partners LLC acquired a new position in Oracle during the fourth quarter worth $1,677,000. William Blair Investment Management LLC boosted its stake in Oracle by 28.6% during the third quarter. William Blair Investment Management LLC now owns 1,107,586 shares of the enterprise software provider’s stock worth $311,497,000 after buying an additional 246,243 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its stake in Oracle by 6.6% during the third quarter. Meridian Wealth Management LLC now owns 50,712 shares of the enterprise software provider’s stock worth $14,262,000 after buying an additional 3,150 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

NYSE ORCL opened at $192.13 on Friday. The company has a market cap of $552.58 billion, a P/E ratio of 34.49, a P/E/G ratio of 1.83 and a beta of 1.55. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a 50-day moving average of $166.27 and a two-hundred day moving average of $179.99. Oracle Corporation has a 1-year low of $134.57 and a 1-year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The company had revenue of $17.19 billion for the quarter, compared to the consensus estimate of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.Oracle’s revenue was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, analysts anticipate that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Stephens reaffirmed an “equal weight” rating and issued a $254.00 price target on shares of Oracle in a research note on Tuesday, April 7th. Stifel Nicolaus decreased their price target on Oracle from $275.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, March 11th. Sanford C. Bernstein set a $313.00 price target on Oracle in a research note on Monday, February 9th. JPMorgan Chase & Co. raised Oracle from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $230.00 to $210.00 in a research note on Wednesday, March 11th. Finally, Scotiabank decreased their price target on Oracle from $220.00 to $215.00 and set a “sector outperform” rating on the stock in a research note on Monday, March 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $261.46.

Check Out Our Latest Stock Report on Oracle

Key Stories Impacting Oracle

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Insider Transactions at Oracle

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the sale, the executive vice president owned 3,429 shares of the company’s stock, valued at $604,155.51. This trade represents a 81.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by corporate insiders.

Oracle 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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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