Oracle Co. (NYSE:ORCL) Shares Purchased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT boosted its holdings in Oracle Co. (NYSE:ORCLFree Report) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,477 shares of the enterprise software provider’s stock after acquiring an additional 210 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Oracle were worth $792,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Horizon Wealth Management LLC boosted its position in Oracle by 2.3% in the second quarter. Horizon Wealth Management LLC now owns 3,922 shares of the enterprise software provider’s stock valued at $467,000 after buying an additional 87 shares in the last quarter. Founders Capital Management boosted its position in Oracle by 4.0% in the third quarter. Founders Capital Management now owns 2,443 shares of the enterprise software provider’s stock valued at $259,000 after buying an additional 93 shares in the last quarter. MONECO Advisors LLC boosted its position in Oracle by 1.1% in the third quarter. MONECO Advisors LLC now owns 8,652 shares of the enterprise software provider’s stock valued at $916,000 after buying an additional 94 shares in the last quarter. Mascoma Wealth Management LLC boosted its position in Oracle by 15.7% in the third quarter. Mascoma Wealth Management LLC now owns 701 shares of the enterprise software provider’s stock valued at $74,000 after buying an additional 95 shares in the last quarter. Finally, Noesis Capital Mangement Corp boosted its position in Oracle by 3.2% in the second quarter. Noesis Capital Mangement Corp now owns 3,149 shares of the enterprise software provider’s stock valued at $375,000 after buying an additional 97 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. UBS Group reduced their price target on shares of Oracle from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, December 12th. Edward Jones upgraded shares of Oracle from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Piper Sandler reduced their target price on shares of Oracle from $125.00 to $122.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 2nd. Evercore ISI reduced their target price on shares of Oracle from $135.00 to $130.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 12th. Finally, Morgan Stanley reduced their target price on shares of Oracle from $107.00 to $106.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 12th. Eleven equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $127.00.

View Our Latest Research Report on Oracle

Oracle Stock Down 0.8 %

Shares of ORCL stock opened at $115.74 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 18.84. Oracle Co. has a 1 year low of $82.04 and a 1 year high of $127.54. The firm’s fifty day moving average price is $108.94 and its two-hundred day moving average price is $111.41. The firm has a market capitalization of $318.16 billion, a P/E ratio of 32.22, a PEG ratio of 2.23 and a beta of 1.02.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Monday, December 11th. The enterprise software provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.01. Oracle had a net margin of 19.64% and a return on equity of 703.26%. The firm had revenue of $12.94 billion for the quarter, compared to analyst estimates of $13.05 billion. During the same period in the previous year, the business earned $1.21 EPS. The company’s revenue was up 5.4% compared to the same quarter last year. On average, equities analysts predict that Oracle Co. will post 4.45 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 25th. Stockholders of record on Thursday, January 11th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date was Wednesday, January 10th. Oracle’s dividend payout ratio (DPR) is presently 44.20%.

Insider Activity

In other news, Director Naomi O. Seligman sold 16,300 shares of Oracle stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $106.02, for a total value of $1,728,126.00. Following the completion of the transaction, the director now owns 34,771 shares of the company’s stock, valued at approximately $3,686,421.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 42.80% of the company’s stock.

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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