Compagnie Lombard Odier SCmA Sells 1,935 Shares of Oracle Co. (NYSE:ORCL)

Compagnie Lombard Odier SCmA trimmed its position in shares of Oracle Co. (NYSE:ORCL) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,123 shares of the enterprise software provider’s stock after selling 1,935 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Oracle were worth $7,186,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in Oracle by 1.5% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 16,485 shares of the enterprise software provider’s stock valued at $2,747,000 after acquiring an additional 241 shares during the period. Root Financial Partners LLC increased its stake in Oracle by 79.3% during the fourth quarter. Root Financial Partners LLC now owns 5,579 shares of the enterprise software provider’s stock valued at $930,000 after acquiring an additional 2,468 shares during the period. Values Added Financial LLC increased its stake in Oracle by 14.8% during the fourth quarter. Values Added Financial LLC now owns 2,505 shares of the enterprise software provider’s stock valued at $417,000 after acquiring an additional 322 shares during the period. Bogart Wealth LLC increased its stake in Oracle by 2.1% during the fourth quarter. Bogart Wealth LLC now owns 11,221 shares of the enterprise software provider’s stock valued at $1,870,000 after acquiring an additional 228 shares during the period. Finally, Catalyst Financial Partners LLC grew its stake in shares of Oracle by 5.0% in the 4th quarter. Catalyst Financial Partners LLC now owns 6,624 shares of the enterprise software provider’s stock valued at $1,104,000 after purchasing an additional 316 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Performance

ORCL stock opened at $174.08 on Friday. Oracle Co. has a twelve month low of $106.51 and a twelve month high of $198.31. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market cap of $486.89 billion, a P/E ratio of 42.56, a price-to-earnings-growth ratio of 3.39 and a beta of 1.05. The business’s fifty day moving average is $169.94 and its 200-day moving average is $165.29.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the business earned $1.34 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. Equities research analysts forecast that Oracle Co. will post 5 EPS for the current 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 given a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.92%. Oracle’s dividend payout ratio is currently 39.12%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald assumed coverage on Oracle in a research note on Friday, January 17th. They issued an “overweight” rating and a $214.00 price objective on the stock. BNP Paribas upgraded Oracle to a “strong-buy” rating in a research note on Tuesday, December 10th. KeyCorp upped their price objective on Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Evercore ISI upped their price objective on Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Finally, Piper Sandler upped their price objective on Oracle from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $182.73.

Insider Transactions at Oracle

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

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.