Oracle Co. (NYSE:ORCL) Shares Acquired by Sivia Capital Partners LLC

Sivia Capital Partners LLC grew its position in Oracle Co. (NYSE:ORCL) by 2.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,409 shares of the enterprise software provider’s stock after buying an additional 70 shares during the period. Sivia Capital Partners LLC’s holdings in Oracle were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. State Street Corp grew its position in Oracle by 2.7% in the 3rd quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider’s stock valued at $12,003,241,000 after buying an additional 1,847,561 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Oracle by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider’s stock worth $5,977,015,000 after acquiring an additional 885,041 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Oracle by 11.6% in the third quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider’s stock valued at $3,370,640,000 after acquiring an additional 1,917,416 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Oracle by 1.8% during the third quarter. Fisher Asset Management LLC now owns 17,898,029 shares of the enterprise software provider’s stock valued at $3,049,824,000 after acquiring an additional 310,709 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in Oracle by 0.4% during the third quarter. Janus Henderson Group PLC now owns 14,608,951 shares of the enterprise software provider’s stock worth $2,489,345,000 after purchasing an additional 54,868 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Down 0.7 %

Shares of NYSE ORCL traded down $1.01 during trading hours on Monday, hitting $153.49. The stock had a trading volume of 5,285,580 shares, compared to its average volume of 7,441,910. The company has a market capitalization of $429.30 billion, a P/E ratio of 37.53, a P/E/G ratio of 3.39 and a beta of 1.06. The firm’s 50-day moving average price is $177.62 and its two-hundred day moving average price is $161.04. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.72 and a current ratio of 0.81. Oracle Co. has a 52 week low of $105.42 and a 52 week high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly 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 analyst estimates of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.34 EPS. Analysts anticipate that Oracle Co. will post 5.03 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Friday, January 10th. Oracle’s dividend payout ratio is 39.12%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Monness Crespi & Hardt downgraded shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target for the company. in a report on Friday, December 20th. Jefferies Financial Group lifted their price objective on shares of Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Royal Bank of Canada reissued a “sector perform” rating and set a $165.00 target price on shares of Oracle in a research note on Thursday, December 5th. Finally, KeyCorp upped their price target on Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.