Oracle Co. (NYSE:ORCL) Shares Sold by Northstar Advisory Group LLC

Northstar Advisory Group LLC lowered its stake in Oracle Co. (NYSE:ORCL) by 53.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,075 shares of the enterprise software provider’s stock after selling 7,099 shares during the period. Northstar Advisory Group LLC’s holdings in Oracle were worth $640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Spring Capital Management LLC increased its holdings in shares of Oracle by 2.5% in the 4th quarter. Spring Capital Management LLC now owns 63,880 shares of the enterprise software provider’s stock valued at $6,735,000 after acquiring an additional 1,565 shares during the last quarter. Columbia Trust Co 01012016 purchased a new position in shares of Oracle in the 4th quarter valued at about $236,000. PFG Investments LLC grew its stake in Oracle by 15.9% during the 4th quarter. PFG Investments LLC now owns 12,152 shares of the enterprise software provider’s stock worth $1,281,000 after buying an additional 1,670 shares during the last quarter. Roberts Wealth Advisors LLC grew its stake in Oracle by 0.7% during the 4th quarter. Roberts Wealth Advisors LLC now owns 14,254 shares of the enterprise software provider’s stock worth $1,503,000 after buying an additional 105 shares during the last quarter. Finally, Trust Co of the South purchased a new position in Oracle during the 4th quarter worth approximately $349,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ORCL. Morgan Stanley dropped their price target on Oracle from $107.00 to $106.00 and set an “equal weight” rating on the stock in a research note on Tuesday, December 12th. HSBC raised their price target on Oracle from $144.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. UBS Group dropped their price target on Oracle from $135.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, December 12th. Argus upgraded Oracle from a “hold” rating to a “buy” rating in a research note on Thursday, March 14th. Finally, Wolfe Research lowered their target price on Oracle from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 12th. Ten analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.76.

Oracle Stock Performance

Shares of ORCL stock opened at $125.33 on Thursday. The stock has a fifty day moving average price of $116.00 and a 200 day moving average price of $111.37. The stock has a market cap of $344.47 billion, a PE ratio of 33.03, a P/E/G ratio of 2.45 and a beta of 1.00. Oracle Co. has a 1 year low of $89.71 and a 1 year high of $132.77. The company has a debt-to-equity ratio of 13.34, a quick ratio of 0.85 and a current ratio of 0.85.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.04. The firm had revenue of $13.28 billion during the quarter, compared to analysts’ expectations of $13.29 billion. Oracle had a return on equity of 336.11% and a net margin of 20.27%. Oracle’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 earnings per share. Sell-side analysts forecast that Oracle Co. will post 4.44 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, April 9th. Oracle’s payout ratio is 42.22%.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 790,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the completion of the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $141,546,631.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 42.80% of the stock is currently owned by company insiders.

Oracle 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.