Oracle Co. (NYSE:ORCL) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC raised its holdings in shares of Oracle Co. (NYSE:ORCL) by 166.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,957 shares of the enterprise software provider’s stock after purchasing an additional 43,703 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Oracle were worth $11,658,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. R Squared Ltd bought a new stake in shares of Oracle in the fourth quarter worth $25,000. Winch Advisory Services LLC grew its holdings in Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after acquiring an additional 87 shares in the last quarter. Reston Wealth Management LLC bought a new stake in shares of Oracle in the 3rd quarter worth about $44,000. Synergy Asset Management LLC acquired a new stake in shares of Oracle in the 4th quarter valued at about $47,000. Finally, Avondale Wealth Management bought a new position in shares of Oracle during the third quarter worth about $51,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total transaction of $389,448,893.90. Following the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. The trade was a 65.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 42.20% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $169.91 on Friday. The stock’s 50 day moving average price is $171.89 and its 200 day moving average price is $163.41. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $475.24 billion, a price-to-earnings ratio of 41.54, a PEG ratio of 3.19 and a beta of 1.06. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.34 earnings per share. Equities research analysts anticipate that Oracle Co. will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio is 39.12%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ORCL shares. Mizuho boosted their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Jefferies Financial Group upped their price target on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. JMP Securities reaffirmed a “market outperform” rating and issued a $205.00 price objective on shares of Oracle in a report on Wednesday, January 22nd. Citigroup boosted their target price on shares of Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, BMO Capital Markets raised their price target on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average price target of $182.73.

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.