Integrated Investment Consultants LLC Purchases 91 Shares of Oracle Co. (NYSE:ORCL)

Integrated Investment Consultants LLC boosted its holdings in Oracle Co. (NYSE:ORCL) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,298 shares of the enterprise software provider’s stock after acquiring an additional 91 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Oracle were worth $1,050,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Winch Advisory Services LLC boosted its holdings in Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after purchasing an additional 87 shares during the last quarter. Reston Wealth Management LLC bought a new stake in Oracle during the third quarter valued at approximately $44,000. Avondale Wealth Management purchased a new stake in Oracle during the third quarter valued at approximately $51,000. Friedenthal Financial bought a new position in Oracle in the third quarter worth approximately $51,000. Finally, Activest Wealth Management boosted its stake in shares of Oracle by 21.9% during the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock worth $53,000 after acquiring an additional 56 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Stifel Nicolaus raised their target price on Oracle from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Evercore ISI lifted their price target on shares of Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. KeyCorp increased their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. BMO Capital Markets lifted their target price on shares of Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research note on Tuesday, December 10th. Finally, UBS Group increased their price target on Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and an average target price of $182.73.

Oracle Trading Up 0.9 %

ORCL stock opened at $161.05 on Friday. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31. The firm’s 50-day moving average is $176.00 and its 200 day moving average is $161.21. The company has a market capitalization of $450.44 billion, a PE ratio of 39.38, a P/E/G ratio of 3.03 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 0.81.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 EPS. On average, research analysts anticipate that Oracle Co. will post 5.01 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.99%. Oracle’s dividend payout ratio is currently 39.12%.

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.