Capstone Triton Financial Group LLC Purchases Shares of 9,105 Oracle Co. (NYSE:ORCL)

Capstone Triton Financial Group LLC purchased a new stake in shares of Oracle Co. (NYSE:ORCL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,105 shares of the enterprise software provider’s stock, valued at approximately $1,551,000.

Several other institutional investors have also added to or reduced their stakes in the company. Eagle Rock Investment Company LLC grew its holdings in shares of Oracle by 0.4% during the third quarter. Eagle Rock Investment Company LLC now owns 17,626 shares of the enterprise software provider’s stock worth $3,003,000 after purchasing an additional 64 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Oracle by 1.7% during the third quarter. Versant Capital Management Inc now owns 3,957 shares of the enterprise software provider’s stock worth $674,000 after purchasing an additional 65 shares during the last quarter. Trust Point Inc. grew its holdings in shares of Oracle by 0.5% during the third quarter. Trust Point Inc. now owns 13,606 shares of the enterprise software provider’s stock worth $2,318,000 after purchasing an additional 66 shares during the last quarter. First International Bank & Trust grew its holdings in shares of Oracle by 1.8% during the third quarter. First International Bank & Trust now owns 3,734 shares of the enterprise software provider’s stock worth $636,000 after purchasing an additional 67 shares during the last quarter. Finally, Adirondack Trust Co. raised its stake in Oracle by 0.8% during the 3rd quarter. Adirondack Trust Co. now owns 8,636 shares of the enterprise software provider’s stock valued at $1,472,000 after acquiring an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, EVP Maria Smith sold 6,320 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $165.00, for a total value of $1,042,800.00. Following the transaction, the executive vice president now owns 42,889 shares of the company’s stock, valued at approximately $7,076,685. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 42.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Oracle from $135.00 to $155.00 and gave the company a “hold” rating in a research report on Tuesday, September 10th. UBS Group reissued a “market outperform” rating on shares of Oracle in a report on Friday, October 18th. BMO Capital Markets boosted their target price on Oracle from $160.00 to $173.00 and gave the stock a “market perform” rating in a research report on Tuesday, September 10th. Royal Bank of Canada started coverage on Oracle in a report on Wednesday, October 23rd. They issued a “sector perform” rating and a $165.00 price target for the company. Finally, StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a research report on Friday, October 25th. Twelve analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.52.

Oracle Trading Up 1.0 %

Shares of ORCL traded up $1.74 on Wednesday, hitting $175.17. 1,166,889 shares of the stock traded hands, compared to its average volume of 8,287,284. Oracle Co. has a 1 year low of $99.26 and a 1 year high of $178.61. The stock’s 50 day moving average is $161.53 and its two-hundred day moving average is $141.16. The firm has a market capitalization of $485.41 billion, a P/E ratio of 44.71, a P/E/G ratio of 3.20 and a beta of 1.01. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 6.68.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Monday, September 9th. The enterprise software provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. Oracle had a return on equity of 171.38% and a net margin of 20.40%. The firm had revenue of $13.31 billion for the quarter, compared to analyst estimates of $13.23 billion. During the same period last year, the company earned $0.95 EPS. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, sell-side analysts predict that Oracle Co. will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, October 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Thursday, October 10th. Oracle’s dividend payout ratio (DPR) is currently 41.24%.

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.