Traphagen Investment Advisors LLC Increases Stock Holdings in Oracle Co. (NYSE:ORCL)

Traphagen Investment Advisors LLC raised its position in Oracle Co. (NYSE:ORCL) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,187 shares of the enterprise software provider’s stock after purchasing an additional 260 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Oracle were worth $1,198,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Winch Advisory Services LLC raised its stake in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after acquiring an additional 87 shares during the period. Reston Wealth Management LLC acquired a new position in Oracle during the third quarter worth $44,000. Avondale Wealth Management purchased a new position in shares of Oracle during the third quarter worth $51,000. Friedenthal Financial purchased a new stake in shares of Oracle in the 3rd quarter valued at $51,000. Finally, Activest Wealth Management lifted its stake in Oracle by 21.9% during the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Price Performance

Oracle stock opened at $172.82 on Wednesday. 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 $106.51 and a one year high of $198.31. The company has a market cap of $483.37 billion, a P/E ratio of 42.25, a price-to-earnings-growth ratio of 3.16 and a beta of 1.06. The business has a fifty day moving average of $174.87 and a two-hundred day moving average of $161.70.

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

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.93%. Oracle’s dividend payout ratio is presently 39.12%.

Analysts Set New Price Targets

Several analysts have recently issued reports on ORCL shares. StockNews.com raised shares of Oracle from a “hold” rating to a “buy” rating in a research report on Thursday, January 16th. JMP Securities restated a “market outperform” rating and issued a $205.00 price target on shares of Oracle in a research note on Tuesday, December 10th. BMO Capital Markets lifted their target price on Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a report on Tuesday, December 10th. BNP Paribas upgraded Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, DA Davidson raised their target price on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

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.