LVM Capital Management Ltd. MI Has $885,000 Stock Holdings in Oracle Co. (NYSE:ORCL)

LVM Capital Management Ltd. MI trimmed its position in Oracle Co. (NYSE:ORCL) by 7.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,311 shares of the enterprise software provider’s stock after selling 423 shares during the period. LVM Capital Management Ltd. MI’s holdings in Oracle were worth $885,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Quest Partners LLC bought a new stake in shares of Oracle in the second quarter valued at approximately $40,000. Bahl & Gaynor Inc. boosted its stake in Oracle by 2.7% during the second quarter. Bahl & Gaynor Inc. now owns 31,304 shares of the enterprise software provider’s stock worth $4,420,000 after buying an additional 832 shares in the last quarter. American Century Companies Inc. increased its stake in Oracle by 223.9% in the second quarter. American Century Companies Inc. now owns 1,067,682 shares of the enterprise software provider’s stock valued at $150,757,000 after acquiring an additional 738,085 shares during the period. Y.D. More Investments Ltd raised its position in Oracle by 272.8% in the second quarter. Y.D. More Investments Ltd now owns 16,104 shares of the enterprise software provider’s stock worth $2,273,000 after purchasing an additional 11,784 shares in the last quarter. Finally, Trueblood Wealth Management LLC boosted its holdings in Oracle by 0.8% during the second quarter. Trueblood Wealth Management LLC now owns 12,251 shares of the enterprise software provider’s stock valued at $1,730,000 after purchasing an additional 101 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several analyst reports. Citigroup raised their target price on Oracle from $157.00 to $194.00 and gave the stock a “neutral” rating in a research 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. Sanford C. Bernstein raised their price objective on shares of Oracle from $201.00 to $202.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. BMO Capital Markets boosted their target price on Oracle from $173.00 to $205.00 and gave the stock a “market perform” rating in a report on Tuesday, December 10th. Finally, UBS Group increased their price objective on shares of Oracle from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $181.48.

Oracle Stock Down 4.5 %

Shares of Oracle stock traded down $7.39 during trading on Friday, reaching $155.35. The stock had a trading volume of 7,060,749 shares, compared to its average volume of 6,647,369. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 5.65. The company has a market capitalization of $434.51 billion, a price-to-earnings ratio of 37.98, a P/E/G ratio of 3.39 and a beta of 1.06. The stock has a fifty day moving average price of $177.93 and a two-hundred day moving average price of $160.63. Oracle Co. has a 52 week low of $103.54 and a 52 week high of $198.31.

Oracle (NYSE:ORCL) last issued 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the previous year, the firm posted $1.34 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. Sell-side analysts predict that Oracle Co. will post 5.03 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. Oracle’s dividend payout ratio is presently 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.