By otakuyassine3@gmail.com 
Oracle Co. (NYSE:ORCL – Get Free Report) shares traded down 0.1% during mid-day trading on Tuesday . The company traded as low as $167.00 and last traded at $168.45. 2,244,460 shares traded hands during trading, a decline of 84% from the average session volume of 14,029,826 shares. The stock had previously closed at $168.60.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Morgan Stanley lifted their target price on Oracle from $145.00 to $175.00 and gave the company an “equal weight” rating in a report on Tuesday, December 10th. Guggenheim upped their target price on shares of Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. KeyCorp raised their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Mizuho upped their price target on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Finally, Monness Crespi & Hardt lowered Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective for the company. in a research note on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.
Get Our Latest Stock Analysis on ORCL
Oracle Trading Up 0.5 %
The firm’s 50 day moving average is $170.83 and its 200 day moving average is $164.05. 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 company has a market capitalization of $482.56 billion, a PE ratio of 42.18, a P/E/G ratio of 3.35 and a beta of 1.05.
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion during the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.34 EPS. As a group, equities analysts predict that Oracle Co. will post 5 EPS for the current year.
Oracle Dividend Announcement
The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.93%. Oracle’s dividend payout ratio is currently 39.12%.
Insider Activity
In related news, CEO Safra Catz sold 345,174 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were 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 owns 1,118,592 shares in the company, valued at $207,565,931.52. The trade was a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 42.20% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in ORCL. Vestmark Advisory Solutions Inc. grew its stake in Oracle by 83.6% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 13,317 shares of the enterprise software provider’s stock worth $2,219,000 after purchasing an additional 6,064 shares during the period. Blue Barn Wealth LLC boosted its holdings in shares of Oracle by 14.3% during the 4th quarter. Blue Barn Wealth LLC now owns 4,620 shares of the enterprise software provider’s stock valued at $770,000 after buying an additional 579 shares in the last quarter. Ethos Financial Group LLC grew its position in shares of Oracle by 33.0% in the 4th quarter. Ethos Financial Group LLC now owns 4,483 shares of the enterprise software provider’s stock worth $747,000 after buying an additional 1,113 shares during the period. Washington Trust Advisors Inc. lifted its position in Oracle by 6.9% during the 4th quarter. Washington Trust Advisors Inc. now owns 2,610 shares of the enterprise software provider’s stock valued at $435,000 after acquiring an additional 168 shares during the period. Finally, Inceptionr LLC bought a new stake in Oracle during the fourth quarter worth about $422,000. Institutional investors own 42.44% of the company’s stock.
Oracle Company 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.
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