Fermata Advisors LLC Grows Position in Oracle Co. (NYSE:ORCL)

Fermata Advisors LLC boosted its stake in shares of Oracle Co. (NYSE:ORCL) by 98.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,934 shares of the enterprise software provider’s stock after acquiring an additional 2,943 shares during the period. Fermata Advisors LLC’s holdings in Oracle were worth $989,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORCL. Winch Advisory Services LLC grew its position in shares of Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after purchasing an additional 87 shares in the last quarter. Quest Partners LLC purchased a new position in Oracle during the 2nd quarter valued at approximately $40,000. Reston Wealth Management LLC bought a new stake in Oracle in the 3rd quarter worth approximately $44,000. Avondale Wealth Management purchased a new stake in shares of Oracle during the 3rd quarter worth approximately $51,000. Finally, Friedenthal Financial bought a new position in shares of Oracle during the 3rd quarter valued at approximately $51,000. 42.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ORCL has been the topic of several research reports. Mizuho boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Royal Bank of Canada restated a “sector perform” rating and issued a $165.00 target price on shares of Oracle in a report on Thursday, December 5th. DA Davidson increased their price target on shares of Oracle from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Sanford C. Bernstein boosted their price objective on Oracle from $201.00 to $202.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Finally, Jefferies Financial Group raised their price objective on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $181.48.

Oracle Stock Up 0.9 %

NYSE:ORCL opened at $159.73 on Friday. 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 $446.76 billion, a PE ratio of 39.05, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06. The company has a 50-day moving average of $176.53 and a 200 day moving average of $161.22. Oracle Co. has a 1-year low of $105.68 and a 1-year high of $198.31.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. Oracle’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.34 EPS. As a group, research analysts anticipate that Oracle Co. will post 5.01 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.00%. Oracle’s dividend payout ratio is presently 39.12%.

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.