Bank of New Hampshire Sells 452 Shares of Oracle Co. (NYSE:ORCL)

Bank of New Hampshire lessened its holdings in Oracle Co. (NYSE:ORCL) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,893 shares of the enterprise software provider’s stock after selling 452 shares during the period. Bank of New Hampshire’s holdings in Oracle were worth $2,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Orion Capital Management LLC bought a new stake in shares of Oracle during the third quarter worth about $25,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Oracle by 298.4% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 243 shares of the enterprise software provider’s stock worth $26,000 after purchasing an additional 182 shares during the last quarter. Spartan Planning & Wealth Management bought a new stake in shares of Oracle during the third quarter worth about $27,000. Cornerstone Planning Group LLC lifted its stake in shares of Oracle by 1,268.0% in the third quarter. Cornerstone Planning Group LLC now owns 342 shares of the enterprise software provider’s stock worth $36,000 after acquiring an additional 317 shares during the period. Finally, BOK Financial Private Wealth Inc. lifted its stake in shares of Oracle by 139.4% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 371 shares of the enterprise software provider’s stock worth $39,000 after acquiring an additional 216 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

ORCL traded up $3.41 during trading on Friday, reaching $118.30. 4,862,109 shares of the company were exchanged, compared to its average volume of 8,433,691. The company’s 50-day moving average is $119.30 and its two-hundred day moving average is $113.06. The company has a market cap of $325.15 billion, a price-to-earnings ratio of 30.31, a P/E/G ratio of 2.31 and a beta of 1.01. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 13.34. Oracle Co. has a 12-month low of $93.29 and a 12-month 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. The business had revenue of $13.28 billion for 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%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS. Research analysts forecast that Oracle Co. will post 4.44 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.35%. Oracle’s payout ratio is currently 42.22%.

Analyst Upgrades and Downgrades

ORCL has been the topic of a number of recent analyst reports. William Blair raised Oracle from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 12th. The Goldman Sachs Group lifted their price objective on Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. KeyCorp assumed coverage on Oracle in a research note on Thursday, March 21st. They issued an “overweight” rating and a $150.00 price objective on the stock. HSBC boosted 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. Finally, Oppenheimer assumed coverage on Oracle in a research note on Thursday, April 18th. They issued a “market perform” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $130.76.

Insider Buying and Selling at Oracle

In other Oracle news, CEO Safra Catz sold 790,000 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $126.54, for a total value of $99,966,600.00. Following the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $141,546,631.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 42.80% of the company’s stock.

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.