Consilium Wealth Advisory LLC Raises Stake in Oracle Co. (NYSE:ORCL)

Consilium Wealth Advisory LLC grew its stake in shares of Oracle Co. (NYSE:ORCL) by 125.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,974 shares of the enterprise software provider’s stock after purchasing an additional 4,437 shares during the quarter. Consilium Wealth Advisory LLC’s holdings in Oracle were worth $1,329,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Wealth Group Ltd. purchased a new stake in Oracle in the third quarter worth about $222,000. Howard Capital Management Group LLC lifted its position in shares of Oracle by 12.4% during the third quarter. Howard Capital Management Group LLC now owns 8,019 shares of the enterprise software provider’s stock valued at $1,366,000 after buying an additional 883 shares during the last quarter. Valmark Advisers Inc. increased its holdings in shares of Oracle by 3.5% during the third quarter. Valmark Advisers Inc. now owns 5,241 shares of the enterprise software provider’s stock valued at $893,000 after acquiring an additional 176 shares in the last quarter. Fidelis Capital Partners LLC raised its position in shares of Oracle by 4.7% in the 3rd quarter. Fidelis Capital Partners LLC now owns 12,728 shares of the enterprise software provider’s stock valued at $2,203,000 after purchasing an additional 566 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. raised its position in shares of Oracle by 27.5% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 9,923 shares of the enterprise software provider’s stock valued at $1,691,000 after purchasing an additional 2,140 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. This represents a 23.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 42.20% of the stock is currently owned by corporate insiders.

Oracle Trading Up 2.3 %

Shares of ORCL opened at $172.37 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12-month low of $109.79 and a 12-month high of $198.31. The firm has a 50-day moving average price of $169.08 and a 200 day moving average price of $168.15. The firm has a market capitalization of $482.11 billion, a P/E ratio of 42.14, a P/E/G ratio of 3.46 and a beta of 1.05.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the company posted $1.34 EPS. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Oracle Co. will post 5 EPS for the current 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 $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio is currently 39.12%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. DA Davidson raised their price target on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $165.00 target price on shares of Oracle in a report on Thursday, December 5th. JMP Securities reaffirmed a “market outperform” rating and set a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. Stifel Nicolaus lifted their target price on shares of Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Finally, KeyCorp lifted their target price on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Oracle 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.