Moloney Securities Asset Management LLC Has $1.42 Million Stock Position in Oracle Co. (NYSE:ORCL)

Moloney Securities Asset Management LLC lessened its position in Oracle Co. (NYSE:ORCL) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,512 shares of the enterprise software provider’s stock after selling 274 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Oracle were worth $1,418,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Group Ltd. acquired a new stake in shares of Oracle during the 3rd quarter worth approximately $222,000. Watts Gwilliam & Co. LLC acquired a new position in shares of Oracle in the 3rd quarter valued at $215,000. LVW Advisors LLC lifted its holdings in shares of Oracle by 27.8% during the 3rd quarter. LVW Advisors LLC now owns 3,021 shares of the enterprise software provider’s stock worth $515,000 after acquiring an additional 657 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its stake in Oracle by 33.2% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 151,188 shares of the enterprise software provider’s stock valued at $25,756,000 after acquiring an additional 37,709 shares during the period. Finally, First Affirmative Financial Network lifted its stake in Oracle by 16.9% during the third quarter. First Affirmative Financial Network now owns 4,913 shares of the enterprise software provider’s stock worth $837,000 after purchasing an additional 709 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Up 1.3 %

Shares of Oracle stock opened at $174.53 on Friday. Oracle Co. has a 12 month low of $106.51 and a 12 month high of $198.31. The business has a fifty day simple moving average of $170.42 and a 200 day simple moving average of $164.35. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a market cap of $488.15 billion, a PE ratio of 42.67, a price-to-earnings-growth ratio of 3.39 and a beta of 1.05.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $14.12 billion. During the same period last year, the company earned $1.34 earnings per share. The business’s revenue was up 8.6% compared to the same quarter last year. Research analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio is currently 39.12%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $165.00 price objective on shares of Oracle in a research note on Thursday, December 5th. Stifel Nicolaus upped their price target on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Citigroup lifted their price objective on Oracle from $157.00 to $194.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. DA Davidson upped their target price on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Finally, Jefferies Financial Group lifted their price target on shares of Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, December 5th. One 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Buying and Selling

In related news, CEO Safra Catz sold 345,174 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 42.20% of the stock is currently owned by company insiders.

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.