Creative Financial Designs Inc. ADV Acquires 189 Shares of Oracle Co. (NYSE:ORCL)

Creative Financial Designs Inc. ADV boosted its holdings in Oracle Co. (NYSE:ORCL) by 3.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,753 shares of the enterprise software provider’s stock after buying an additional 189 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Oracle were worth $959,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Activest Wealth Management increased its stake in Oracle by 21.9% in 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. Second Line Capital LLC increased its stake in Oracle by 1.5% in the 3rd quarter. Second Line Capital LLC now owns 3,816 shares of the enterprise software provider’s stock worth $650,000 after acquiring an additional 58 shares during the last quarter. Cadence Bank increased its stake in Oracle by 0.8% in the 3rd quarter. Cadence Bank now owns 7,605 shares of the enterprise software provider’s stock worth $1,296,000 after acquiring an additional 59 shares during the last quarter. Requisite Capital Management LLC increased its stake in Oracle by 2.8% in the 4th quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider’s stock worth $373,000 after acquiring an additional 60 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. increased its stake in Oracle by 4.4% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider’s stock worth $237,000 after acquiring an additional 60 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Safra Catz sold 345,174 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $185.56, for a total value of $64,050,487.44. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares in the company, valued at $207,565,931.52. This trade represents a 23.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 42.20% of the stock is currently owned by company insiders.

Oracle Trading Up 3.2 %

NYSE ORCL opened at $154.01 on Tuesday. The stock has a market cap of $430.76 billion, a P/E ratio of 37.66, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a 50 day simple moving average of $165.57 and a two-hundred day simple moving average of $169.95. Oracle Co. has a fifty-two week low of $112.78 and a fifty-two week high of $198.31.

Oracle (NYSE:ORCL) last released its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). The firm had revenue of $14.13 billion during the quarter, compared to analysts’ expectations of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.41 EPS. On average, analysts forecast that Oracle Co. will post 5 earnings per share for the current year.

Oracle Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Thursday, April 10th. This is a boost from Oracle’s previous quarterly dividend of $0.40. Oracle’s dividend payout ratio (DPR) is presently 46.95%.

Analyst Upgrades and Downgrades

ORCL has been the topic of several recent research reports. DA Davidson reiterated a “neutral” rating and set a $150.00 price objective on shares of Oracle in a research report on Tuesday, March 11th. Stifel Nicolaus reduced their price objective on Oracle from $175.00 to $150.00 and set a “hold” rating on the stock in a research report on Tuesday, March 11th. Mizuho increased their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Morgan Stanley reduced their price objective on Oracle from $175.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Finally, BMO Capital Markets reduced their price objective on Oracle from $205.00 to $175.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 11th. Twelve equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $179.71.

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.