Oracle Co. (ORCL) Shares Bought by Slow Capital Inc.

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Slow Capital Inc. raised its stake in Oracle Co. (NYSE:ORCL) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,177 shares of the enterprise software provider’s stock after acquiring an additional 1,200 shares during the quarter. Slow Capital Inc.’s holdings in Oracle were worth $821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Godshalk Welsh Capital Management Inc. raised its position in shares of Oracle by 6.1% in the third quarter. Godshalk Welsh Capital Management Inc. now owns 31,400 shares of the enterprise software provider’s stock valued at $1,619,000 after purchasing an additional 1,800 shares during the period. Wealthquest Corp bought a new stake in shares of Oracle in the fourth quarter valued at approximately $202,000. CHURCHILL MANAGEMENT Corp raised its position in shares of Oracle by 27.3% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 108,209 shares of the enterprise software provider’s stock valued at $4,886,000 after purchasing an additional 23,235 shares during the period. Afam Capital Inc. raised its position in shares of Oracle by 1.8% in the third quarter. Afam Capital Inc. now owns 155,585 shares of the enterprise software provider’s stock valued at $8,022,000 after purchasing an additional 2,725 shares during the period. Finally, Trexquant Investment LP raised its position in shares of Oracle by 1,874.8% in the third quarter. Trexquant Investment LP now owns 100,219 shares of the enterprise software provider’s stock valued at $5,167,000 after purchasing an additional 95,144 shares during the period. Hedge funds and other institutional investors own 51.07% of the company’s stock.

In other news, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction on Tuesday, January 15th. The shares were sold at an average price of $48.20, for a total value of $180,750.00. Following the completion of the sale, the director now owns 27,969 shares of the company’s stock, valued at approximately $1,348,105.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dorian Daley sold 25,000 shares of the company’s stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $45.00, for a total transaction of $1,125,000.00. Following the completion of the sale, the executive vice president now directly owns 102,919 shares of the company’s stock, valued at approximately $4,631,355. The disclosure for this sale can be found here. In the last three months, insiders sold 42,552 shares of company stock valued at $1,939,861. Corporate insiders own 32.00% of the company’s stock.

A number of research firms recently weighed in on ORCL. Zacks Investment Research lowered shares of Oracle from a “hold” rating to a “sell” rating in a report on Tuesday, December 11th. Royal Bank of Canada upped their target price on shares of Oracle to $55.00 in a report on Tuesday, December 18th. Needham & Company LLC began coverage on shares of Oracle in a report on Monday, October 22nd. They set a “hold” rating on the stock. Sanford C. Bernstein reaffirmed a “buy” rating and set a $57.00 target price on shares of Oracle in a report on Tuesday, December 18th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Oracle in a report on Friday, October 26th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.56.

ORCL stock opened at $51.23 on Tuesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.80 and a quick ratio of 2.80. Oracle Co. has a one year low of $42.40 and a one year high of $53.48. The company has a market capitalization of $211.24 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of 1.70 and a beta of 1.09.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Monday, December 17th. The enterprise software provider reported $0.80 EPS for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.10. Oracle had a net margin of 10.01% and a return on equity of 29.93%. The business had revenue of $9.57 billion during the quarter, compared to analysts’ expectations of $9.52 billion. During the same quarter in the previous year, the company earned $0.70 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. As a group, equities research analysts forecast that Oracle Co. will post 3.07 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 30th. Shareholders of record on Wednesday, January 16th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, January 15th. This represents a $0.76 dividend on an annualized basis and a yield of 1.48%. Oracle’s dividend payout ratio is presently 26.95%.

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Oracle Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

Further Reading: How Do Front-End Loads Impact an Investment?

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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