ORG Partners LLC Increases Stock Position in Oracle Co. (NYSE:ORCL)

ORG Partners LLC grew its position in shares of Oracle Co. (NYSE:ORCL) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,005 shares of the enterprise software provider’s stock after purchasing an additional 130 shares during the quarter. ORG Partners LLC’s holdings in Oracle were worth $1,001,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in ORCL. Baker Tilly Wealth Management LLC raised its holdings in shares of Oracle by 7.3% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 19,584 shares of the enterprise software provider’s stock valued at $3,264,000 after buying an additional 1,340 shares during the last quarter. Fortitude Family Office LLC increased its position in Oracle by 16.7% in the 4th quarter. Fortitude Family Office LLC now owns 1,036 shares of the enterprise software provider’s stock valued at $173,000 after acquiring an additional 148 shares during the period. Legacy Private Trust Co. purchased a new stake in Oracle during the 4th quarter valued at approximately $278,000. First Hawaiian Bank lifted its position in Oracle by 5.3% during the 4th quarter. First Hawaiian Bank now owns 43,417 shares of the enterprise software provider’s stock worth $7,235,000 after acquiring an additional 2,167 shares during the period. Finally, Farmers Trust Co. increased its holdings in shares of Oracle by 25.6% in the fourth quarter. Farmers Trust Co. now owns 24,456 shares of the enterprise software provider’s stock valued at $4,075,000 after purchasing an additional 4,992 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Trading Down 3.9 %

ORCL traded down $6.37 during trading on Friday, hitting $156.37. The company’s stock had a trading volume of 3,189,125 shares, compared to its average volume of 5,972,659. The stock has a market cap of $437.36 billion, a PE ratio of 38.23, a PEG ratio of 3.39 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.72. Oracle Co. has a twelve month low of $103.54 and a twelve month high of $198.31. The firm’s 50 day moving average price is $177.93 and its 200-day moving average price is $160.63.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the company earned $1.34 EPS. The company’s revenue was up 8.6% compared to the same quarter last year. On average, analysts expect that Oracle Co. will post 5.03 earnings per share for the current year.

Oracle Announces Dividend

The company also recently disclosed 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 1.02%. Oracle’s dividend payout ratio (DPR) is 39.12%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ORCL shares. StockNews.com lowered shares of Oracle from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th. BMO Capital Markets boosted their price target on shares of Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 10th. Royal Bank of Canada restated a “sector perform” rating and issued a $165.00 price objective on shares of Oracle in a research report on Thursday, December 5th. Melius Research raised Oracle from a “hold” rating to a “buy” rating in a research note on Monday, September 16th. Finally, UBS Group upped their price objective on Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $181.48.

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.