Oracle Co. (NYSE:ORCL) Shares Bought by Ullmann Wealth Partners Group LLC

Ullmann Wealth Partners Group LLC grew its position in Oracle Co. (NYSE:ORCL) by 36.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,329 shares of the enterprise software provider’s stock after acquiring an additional 628 shares during the quarter. Ullmann Wealth Partners Group LLC’s holdings in Oracle were worth $388,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in Oracle by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,416,362 shares of the enterprise software provider’s stock valued at $411,748,000 after purchasing an additional 121,874 shares in the last quarter. RMR Wealth Builders lifted its stake in shares of Oracle by 383.4% in the fourth quarter. RMR Wealth Builders now owns 7,155 shares of the enterprise software provider’s stock worth $1,192,000 after buying an additional 5,675 shares in the last quarter. Itau Unibanco Holding S.A. boosted its position in Oracle by 15.3% during the second quarter. Itau Unibanco Holding S.A. now owns 24,800 shares of the enterprise software provider’s stock worth $3,502,000 after acquiring an additional 3,300 shares during the last quarter. Chase Investment Counsel Corp purchased a new stake in Oracle during the 3rd quarter valued at about $4,160,000. Finally, Oppenheimer Asset Management Inc. raised its holdings in Oracle by 79.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 286,460 shares of the enterprise software provider’s stock valued at $48,813,000 after acquiring an additional 126,985 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Trading Up 0.9 %

ORCL opened at $159.73 on Friday. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a one year low of $105.68 and a one year high of $198.31. The company has a market cap of $446.76 billion, a P/E ratio of 39.05, a PEG ratio of 3.03 and a beta of 1.06. The business’s 50-day simple moving average is $176.53 and its 200-day simple moving average is $161.22.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 earnings per share. As a group, equities research analysts expect that Oracle Co. will post 5.01 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 1.00%. Oracle’s dividend payout ratio is presently 39.12%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ORCL shares. Jefferies Financial Group increased their price target on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Monness Crespi & Hardt downgraded Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a research note on Friday, December 20th. Mizuho boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. UBS Group raised their price objective on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, BNP Paribas upgraded shares of Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus price target of $181.48.

Oracle Company 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.