Gibson Capital LLC Increases Stock Holdings in Oracle Co. (NYSE:ORCL)

Gibson Capital LLC boosted its position in shares of Oracle Co. (NYSE:ORCL) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,320 shares of the enterprise software provider’s stock after acquiring an additional 105 shares during the period. Gibson Capital LLC’s holdings in Oracle were worth $387,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd bought a new position in shares of Oracle in the fourth quarter worth approximately $25,000. Winch Advisory Services LLC increased its holdings in shares of Oracle by 89.7% in the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares during the last quarter. Synergy Investment Management LLC bought a new position in shares of Oracle in the 4th quarter worth $34,000. TFC Financial Management Inc. lifted its holdings in shares of Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock worth $35,000 after acquiring an additional 120 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new position in Oracle in the fourth quarter worth $47,000. Institutional investors own 42.44% of the company’s stock.

Insider Activity at Oracle

In other Oracle news, CEO Safra Catz sold 345,174 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 42.20% of the stock is currently owned by corporate insiders.

Oracle Trading Down 0.6 %

Oracle stock opened at $140.07 on Tuesday. Oracle Co. has a one year low of $112.78 and a one year high of $198.31. The business’s fifty day moving average is $163.52 and its 200 day moving average is $170.16. 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 stock has a market capitalization of $391.77 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter last year, the company earned $1.41 EPS. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, sell-side analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.50 per share. This is a positive change from Oracle’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Thursday, April 10th. Oracle’s dividend payout ratio (DPR) is 46.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. JMP Securities restated a “market outperform” rating and set a $205.00 price target on shares of Oracle in a research report on Wednesday, January 22nd. BMO Capital Markets cut their target price on Oracle from $205.00 to $175.00 and set a “market perform” rating for the company in a research note on Tuesday, March 11th. UBS Group reissued a “market perform” rating on shares of Oracle in a research note on Tuesday, March 11th. JPMorgan Chase & Co. cut their price objective on shares of Oracle from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Tuesday, March 11th. Finally, StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Thirteen investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and a consensus price target of $178.00.

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.