B.O.S.S. Retirement Advisors LLC Acquires 71 Shares of Oracle Co. (NYSE:ORCL)

B.O.S.S. Retirement Advisors LLC grew its stake in Oracle Co. (NYSE:ORCL) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,043 shares of the enterprise software provider’s stock after purchasing an additional 71 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Oracle were worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of ORCL. Fred Alger Management LLC increased its holdings in shares of Oracle by 5.4% during the second quarter. Fred Alger Management LLC now owns 26,970 shares of the enterprise software provider’s stock worth $3,808,000 after buying an additional 1,388 shares in the last quarter. Delta Investment Management LLC acquired a new stake in Oracle during the 2nd quarter valued at $243,000. Dark Forest Capital Management LP acquired a new stake in Oracle during the 2nd quarter valued at $856,000. MBB Public Markets I LLC raised its position in Oracle by 1,903.0% in the 2nd quarter. MBB Public Markets I LLC now owns 149,244 shares of the enterprise software provider’s stock valued at $21,073,000 after purchasing an additional 141,793 shares during the last quarter. Finally, Maverick Capital Ltd. boosted its stake in Oracle by 37.5% in the second quarter. Maverick Capital Ltd. now owns 17,122 shares of the enterprise software provider’s stock worth $2,418,000 after purchasing an additional 4,668 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Trading Down 1.5 %

Shares of NYSE:ORCL opened at $183.59 on Friday. The firm has a market cap of $513.50 billion, a price-to-earnings ratio of 44.89, a PEG ratio of 3.62 and a beta of 1.06. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31. The company’s fifty day simple moving average is $174.41 and its 200 day simple moving average is $162.49. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL) last released 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). The firm had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 EPS. As a group, research analysts forecast that Oracle Co. will post 5.01 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analysts Set New Price Targets

ORCL has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price target on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $205.00 target price on shares of Oracle in a research note on Wednesday. Cantor Fitzgerald began coverage on shares of Oracle in a research note on Friday, January 17th. They set an “overweight” rating and a $214.00 price target on the stock. StockNews.com cut shares of Oracle from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Monness Crespi & Hardt lowered Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective on the stock. in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.73.

Insider Transactions at Oracle

In related news, CEO Safra Catz sold 2,101,154 shares of Oracle stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $207,331,027.20. The trade was a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 42.20% of the company’s stock.

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.