Values Added Financial LLC raised its holdings in Oracle Co. (NYSE:ORCL – Free Report) by 17.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,183 shares of the enterprise software provider’s stock after purchasing an additional 320 shares during the quarter. Values Added Financial LLC’s holdings in Oracle were worth $372,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. Janus Henderson Group PLC increased its stake in shares of Oracle by 148.8% during the first quarter. Janus Henderson Group PLC now owns 12,872,300 shares of the enterprise software provider’s stock worth $1,616,855,000 after acquiring an additional 7,699,141 shares during the period. PineStone Asset Management Inc. increased its stake in shares of Oracle by 131.2% during the second quarter. PineStone Asset Management Inc. now owns 3,911,201 shares of the enterprise software provider’s stock worth $552,262,000 after acquiring an additional 2,219,450 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Oracle by 97.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,242,647 shares of the enterprise software provider’s stock worth $532,920,000 after acquiring an additional 2,093,893 shares during the period. International Assets Investment Management LLC increased its stake in shares of Oracle by 16,023.4% during the third quarter. International Assets Investment Management LLC now owns 2,065,083 shares of the enterprise software provider’s stock worth $351,890,000 after acquiring an additional 2,052,275 shares during the period. Finally, Altshuler Shaham Ltd increased its stake in shares of Oracle by 5,853.1% during the second quarter. Altshuler Shaham Ltd now owns 1,552,580 shares of the enterprise software provider’s stock worth $219,224,000 after acquiring an additional 1,526,500 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, EVP Maria Smith sold 6,320 shares of the 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 completion of the sale, the executive vice president now owns 42,889 shares of the company’s stock, valued at $7,076,685. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 42.20% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Report on ORCL
Oracle Trading Up 1.6 %
Shares of NYSE:ORCL traded up $2.66 during trading on Friday, reaching $170.50. The stock had a trading volume of 796,581 shares, compared to its average volume of 8,279,524. The business has a fifty day moving average price of $162.81 and a 200-day moving average price of $141.58. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 6.68. The stock has a market cap of $472.47 billion, a P/E ratio of 43.26, a PEG ratio of 3.22 and a beta of 1.01. Oracle Co. has a fifty-two week low of $99.26 and a fifty-two week high of $178.61.
Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings results on Monday, September 9th. The enterprise software provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.33 by $0.06. Oracle had a net margin of 20.40% and a return on equity of 171.38%. The firm had revenue of $13.31 billion during the quarter, compared to analyst estimates of $13.23 billion. During the same quarter in the prior year, the business posted $0.95 earnings per share. Oracle’s revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.
Oracle Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, October 10th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.94%. The ex-dividend date was Thursday, October 10th. Oracle’s dividend payout ratio (DPR) is 41.24%.
About Oracle
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.
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