Teachers Advisors LLC raised its position in shares of Oracle Corporation (NYSE:ORCL) by 9.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,506,060 shares of the enterprise software provider’s stock after purchasing an additional 762,214 shares during the period. Oracle accounts for approximately 0.6% of Teachers Advisors LLC’s holdings, making the stock its 22nd biggest position. Teachers Advisors LLC owned approximately 0.21% of Oracle worth $426,494,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ORCL. Burt Wealth Advisors raised its holdings in shares of Oracle by 4.3% in the 2nd quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock worth $107,000 after purchasing an additional 88 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its holdings in shares of Oracle by 1,150.0% in the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 2,500 shares of the enterprise software provider’s stock worth $112,000 after purchasing an additional 2,300 shares in the last quarter. TrimTabs Asset Management LLC raised its holdings in shares of Oracle by 88.8% during the first quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider’s stock valued at $120,000 after acquiring an additional 1,264 shares during the period. Baystate Wealth Management LLC raised its holdings in shares of Oracle by 9.2% during the second quarter. Baystate Wealth Management LLC now owns 2,439 shares of the enterprise software provider’s stock valued at $123,000 after acquiring an additional 206 shares during the period. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Oracle during the second quarter valued at approximately $129,000. 57.70% of the stock is owned by hedge funds and other institutional investors.

ORCL has been the topic of a number of recent analyst reports. Vetr lowered shares of Oracle from a “sell” rating to a “strong sell” rating and set a $46.58 price target on the stock. in a report on Tuesday, September 12th. Rosenblatt Securities restated a “buy” rating and set a $58.00 price target on shares of Oracle in a report on Monday, September 11th. Canaccord Genuity initiated coverage on shares of Oracle in a report on Friday, October 6th. They set a “buy” rating and a $57.00 price target on the stock. BTIG Research restated a “buy” rating and set a $58.00 price target on shares of Oracle in a report on Tuesday, September 19th. Finally, Moffett Nathanson started coverage on shares of Oracle in a report on Wednesday, September 6th. They set a “buy” rating and a $65.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $54.85.

Shares of Oracle Corporation (ORCL) traded down $0.07 during mid-day trading on Tuesday, hitting $48.33. 8,136,373 shares of the stock were exchanged, compared to its average volume of 13,241,463. Oracle Corporation has a 52 week low of $38.30 and a 52 week high of $53.14. The firm has a market cap of $207,046.64, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.89 and a beta of 1.05. The company has a current ratio of 3.63, a quick ratio of 3.61 and a debt-to-equity ratio of 0.86.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Oracle had a net margin of 25.34% and a return on equity of 20.55%. The company 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 company posted $0.55 EPS. The business’s revenue was up 7.0% on a year-over-year basis. research analysts forecast that Oracle Corporation will post 2.68 EPS for the current year.

In other Oracle news, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $50.35, for a total transaction of $188,812.50. Following the sale, the director now owns 18,125 shares of the company’s stock, valued at approximately $912,593.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey Berg sold 45,000 shares of the stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $48.03, for a total transaction of $2,161,350.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 305,776 shares of company stock valued at $14,821,999. Corporate insiders own 29.00% of the company’s stock.

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About Oracle

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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