2 weeks Ago By ABMN Staff
MBB Public Markets I LLC lifted its holdings in Oracle Co. ( NYSE:ORCL – Free Report ) by 1,903.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 149,244 shares of the enterprise software provider’s stock after purchasing an additional 141,793 shares during the period. MBB Public Markets I LLC’s holdings in Oracle were worth $21,073,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also made changes to their positions in the company.
Werlinich Asset Management LLC lifted its holdings in Oracle by 3.1% during the second quarter. Werlinich Asset Management LLC now owns 2,325 shares of the enterprise software provider’s stock valued at $326,000 after purchasing an additional 70 shares in the last quarter.
RFP Financial Group LLC increased its position in shares of Oracle by 2.7% during the second quarter. RFP Financial Group LLC now owns 2,869 shares of the enterprise software provider’s stock worth $405,000 after purchasing an additional 75 shares in the last quarter.
ERn Financial LLC raised its stake in Oracle by 0.6% in the 2nd quarter. ERn Financial LLC now owns 12,911 shares of the enterprise software provider’s stock valued at $1,823,000 after purchasing an additional 80 shares during the last quarter.
Key Financial Inc raised its position in shares of Oracle by 1.2% in the second quarter. Key Financial Inc now owns 6,600 shares of the enterprise software provider’s stock valued at $932,000 after buying an additional 80 shares during the last quarter.
Finally, Abich Financial Wealth Management LLC lifted its stake in shares of Oracle by 18.0% in the first quarter. Abich Financial Wealth Management LLC now owns 530 shares of the enterprise software provider’s stock worth $67,000 after buying an additional 81 shares in the last quarter.
42.44% of the stock is currently owned by hedge funds and other institutional investors. Oracle Price Performance Shares of ORCL opened at $168.
11 on Friday. The firm has a market capitalization of $465.83 billion, a price-to-earnings ratio of 45.
31, a PEG ratio of 3.05 and a beta of 1.01.
The firm’s fifty day simple moving average is $143.76 and its 200-day simple moving average is $133.07.
The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 6.
68. Oracle Co. has a twelve month low of $99.
26 and a twelve month high of $173.99. Oracle Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th.
Shareholders of record on Thursday, October 10th will be issued a dividend of $0.40 per share. This represents a $1.
60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, October 10th.
Oracle’s payout ratio is 43.13%. Insiders Place Their Bets In related news, EVP Maria Smith sold 6,320 shares of the business’s stock in a transaction dated Monday, September 16th.
The stock was sold at an average price of $165.00, for a total value of $1,042,800.00.
Following the transaction, the executive vice president now owns 42,889 shares in the company, valued at approximately $7,076,685. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . In other news, Director Leon E.
Panetta sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $137.89, for a total value of $2,068,350.
00. Following the completion of the sale, the director now directly owns 58,090 shares of the company’s stock, valued at approximately $8,010,030.10.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, EVP Maria Smith sold 6,320 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $165.
00, for a total value of $1,042,800.00. Following the completion of the sale, the executive vice president now directly owns 42,889 shares of the company’s stock, valued at approximately $7,076,685.
The disclosure for this sale can be found here . Insiders have sold a total of 1,573,181 shares of company stock valued at $225,338,245 over the last quarter. Company insiders own 42.
80% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have recently weighed in on the company. Bank of America boosted their target price on Oracle from $155.
00 to $175.00 and gave the stock a “neutral” rating in a report on Tuesday, September 10th. Sanford C.
Bernstein lifted their price target on shares of Oracle from $159.00 to $171.00 and gave the company an “outperform” rating in a research report on Wednesday, June 12th.
StockNews.com upgraded Oracle from a “hold” rating to a “buy” rating in a research report on Tuesday, September 10th. Oppenheimer reissued a “market perform” rating on shares of Oracle in a research note on Tuesday, September 10th.
Finally, Barclays boosted their price objective on shares of Oracle from $160.00 to $172.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th.
Ten analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.13.
View Our Latest Research Report on ORCL About Oracle ( Free Report ) 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. Read More Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.
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