Oracle Co. (NYSE:ORCL) Holdings Boosted by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC grew its stake in shares of Oracle Co. (NYSE:ORCL) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,150 shares of the enterprise software provider’s stock after purchasing an additional 114 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Oracle were worth $543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ORCL. Wellington Management Group LLP increased its position in Oracle by 9,299.3% in the 3rd quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider’s stock valued at $865,472,000 after acquiring an additional 8,084,067 shares during the period. Vanguard Group Inc. increased its holdings in shares of Oracle by 5.7% during the third quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock valued at $15,599,200,000 after purchasing an additional 7,883,515 shares during the period. DNB Asset Management AS raised its stake in shares of Oracle by 313.4% during the fourth quarter. DNB Asset Management AS now owns 1,766,621 shares of the enterprise software provider’s stock valued at $186,255,000 after purchasing an additional 1,339,311 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Oracle by 26,602.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,259,550 shares of the enterprise software provider’s stock worth $132,794,000 after purchasing an additional 1,254,833 shares during the period. Finally, Northern Trust Corp grew its position in Oracle by 3.5% in the 3rd quarter. Northern Trust Corp now owns 18,718,180 shares of the enterprise software provider’s stock valued at $1,982,630,000 after buying an additional 635,994 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Oracle

In other news, Director George H. Conrades sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $116.13, for a total value of $2,903,250.00. Following the sale, the director now directly owns 17,836 shares in the company, valued at approximately $2,071,294.68. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director George H. Conrades sold 25,000 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $116.13, for a total value of $2,903,250.00. Following the sale, the director now owns 17,836 shares of the company’s stock, valued at approximately $2,071,294.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Boskin sold 45,000 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $117.74, for a total transaction of $5,298,300.00. Following the completion of the transaction, the director now owns 87,473 shares in the company, valued at $10,299,071.02. The disclosure for this sale can be found here. In the last three months, insiders sold 880,000 shares of company stock valued at $110,488,150. Company insiders own 42.80% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock traded down $0.82 during trading on Thursday, reaching $116.57. The company had a trading volume of 3,236,172 shares, compared to its average volume of 8,150,866. The company has a market capitalization of $320.39 billion, a PE ratio of 30.78, a PEG ratio of 2.32 and a beta of 1.03. The company has a debt-to-equity ratio of 13.34, a current ratio of 0.85 and a quick ratio of 0.85. The firm’s 50 day simple moving average is $120.30 and its two-hundred day simple moving average is $113.59. Oracle Co. has a one year low of $96.26 and a one year high of $132.77.

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

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Tuesday, April 9th. Oracle’s dividend payout ratio is 42.22%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ORCL shares. The Goldman Sachs Group upped their price target on shares of Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. HSBC increased their price target on Oracle from $144.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th. Oppenheimer initiated coverage on Oracle in a research note on Thursday, April 18th. They issued a “market perform” rating on the stock. StockNews.com raised shares of Oracle from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets increased their price objective on Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a research report on Tuesday, March 12th. Ten investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.76.

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.