USAdvisors Wealth Management LLC Sells 225 Shares of Oracle Co. (NYSE:ORCL)

USAdvisors Wealth Management LLC lowered its stake in Oracle Co. (NYSE:ORCL) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,146 shares of the enterprise software provider’s stock after selling 225 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Oracle were worth $357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ORCL. R Squared Ltd acquired a new position in shares of Oracle during the 4th quarter worth approximately $25,000. Winch Advisory Services LLC grew its stake in shares of Oracle by 89.7% in the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares in the last quarter. Reston Wealth Management LLC acquired a new position in Oracle during the third quarter worth $44,000. Avondale Wealth Management bought a new stake in Oracle during the third quarter worth $51,000. Finally, Friedenthal Financial acquired a new stake in Oracle in the third quarter valued at $51,000. Institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

Oracle stock opened at $162.22 on Thursday. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle Co. has a 52 week low of $106.51 and a 52 week high of $198.31. The stock has a market capitalization of $453.71 billion, a P/E ratio of 39.66, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. The stock has a fifty day moving average of $173.36 and a 200-day moving average of $163.03.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the previous year, the firm posted $1.34 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts expect that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. 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 0.99%. Oracle’s payout ratio is presently 39.12%.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,331,027.20. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 42.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ORCL. Mizuho boosted their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” 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 note on Thursday, December 5th. Piper Sandler lifted their target price on Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. StockNews.com downgraded Oracle from a “buy” rating to a “hold” rating in a report on Friday, January 24th. Finally, DA Davidson lifted their price objective on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $182.73.

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.