Fiera Capital Corp Has $732.89 Million Holdings in Oracle Co. (NYSE:ORCL)

Fiera Capital Corp lessened its position in shares of Oracle Co. (NYSE:ORCL) by 9.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,398,056 shares of the enterprise software provider’s stock after selling 441,995 shares during the period. Oracle accounts for 2.3% of Fiera Capital Corp’s holdings, making the stock its 11th biggest holding. Fiera Capital Corp owned about 0.16% of Oracle worth $732,892,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Group Ltd. bought a new position in shares of Oracle during the 3rd quarter worth approximately $222,000. Exchange Traded Concepts LLC lifted its position in shares of Oracle by 157.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 4,587 shares of the enterprise software provider’s stock valued at $782,000 after acquiring an additional 2,802 shares during the period. Creative Planning boosted its stake in Oracle by 4.1% during the third quarter. Creative Planning now owns 774,912 shares of the enterprise software provider’s stock worth $132,045,000 after acquiring an additional 30,341 shares in the last quarter. EdgeRock Capital LLC grew its holdings in Oracle by 287.4% in the third quarter. EdgeRock Capital LLC now owns 2,673 shares of the enterprise software provider’s stock worth $456,000 after purchasing an additional 1,983 shares during the period. Finally, Braun Bostich & Associates Inc. bought a new stake in Oracle in the third quarter valued at $203,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction on 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. This represents a 65.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Cantor Fitzgerald assumed coverage on shares of Oracle in a research report on Friday, January 17th. They set an “overweight” rating and a $214.00 price objective on the stock. Monness Crespi & Hardt lowered Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a report on Friday, December 20th. Stifel Nicolaus raised their price objective on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. DA Davidson upped their target price on Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, KeyCorp lifted their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $182.73.

Oracle Trading Down 2.8 %

Shares of Oracle stock opened at $172.30 on Thursday. The stock has a fifty day moving average price of $170.25 and a 200-day moving average price of $165.24. 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 firm has a market cap of $481.92 billion, a PE ratio of 42.13, a P/E/G ratio of 3.39 and a beta of 1.05. Oracle Co. has a 1 year low of $106.51 and a 1 year high of $198.31.

Oracle (NYSE:ORCL) last posted 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 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 quarter last year, the business posted $1.34 EPS. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Equities research analysts anticipate 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. Shareholders of record on Thursday, January 23rd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.93%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is 39.12%.

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.