Oracle Co. (NYSE:ORCL) Stock Position Decreased by Bath Savings Trust Co

Bath Savings Trust Co decreased its position in shares of Oracle Co. (NYSE:ORCL) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,760 shares of the enterprise software provider’s stock after selling 158 shares during the quarter. Bath Savings Trust Co’s holdings in Oracle were worth $1,126,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of ORCL. Strategic Financial Concepts LLC bought a new position in Oracle during the 2nd quarter valued at $132,000. Acadian Asset Management LLC increased its stake in shares of Oracle by 2.7% in the second quarter. Acadian Asset Management LLC now owns 147,204 shares of the enterprise software provider’s stock worth $20,776,000 after acquiring an additional 3,912 shares during the last quarter. Anchor Capital Advisors LLC raised its stake in shares of Oracle by 29.9% during the 2nd quarter. Anchor Capital Advisors LLC now owns 6,075 shares of the enterprise software provider’s stock worth $858,000 after purchasing an additional 1,400 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in Oracle by 1.6% in the second quarter. Ausdal Financial Partners Inc. now owns 9,530 shares of the enterprise software provider’s stock worth $1,346,000 after acquiring an additional 149 shares in the last quarter. Finally, Mount Lucas Management LP bought a new stake in shares of Oracle during the 2nd quarter worth about $164,000. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 1.8 %

Shares of NYSE ORCL traded down $2.91 during trading hours on Tuesday, hitting $162.78. The company had a trading volume of 3,760,078 shares, compared to its average volume of 5,411,683. The stock has a market capitalization of $455.29 billion, a P/E ratio of 39.80, a price-to-earnings-growth ratio of 3.39 and a beta of 1.06. Oracle Co. has a 1-year low of $102.13 and a 1-year high of $198.31. The firm’s 50 day moving average is $178.48 and its 200-day moving average is $160.45. The company has a quick ratio of 0.72, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL) last issued its 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 business had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 earnings per share. On average, analysts expect that Oracle Co. will post 5.03 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, January 23rd will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.98%. Oracle’s dividend payout ratio (DPR) is 39.12%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ORCL. Barclays upped their price objective on shares of Oracle from $160.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, September 10th. UBS Group lifted their price objective on Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Stifel Nicolaus increased their target price on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. Bank of America upped their price target on Oracle from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Tuesday, September 10th. Finally, StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $181.48.

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.