Oracle Co. (NYSE:ORCL) Shares Bought by Sunflower Bank N.A.

Sunflower Bank N.A. increased its holdings in Oracle Co. (NYSE:ORCL) by 5.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,071 shares of the enterprise software provider’s stock after buying an additional 223 shares during the period. Sunflower Bank N.A.’s holdings in Oracle were worth $678,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Fairway Wealth LLC bought a new stake in Oracle in the 2nd quarter valued at about $27,000. Quest Partners LLC bought a new stake in shares of Oracle during the second quarter valued at approximately $40,000. Reston Wealth Management LLC acquired a new position in shares of Oracle during the third quarter worth approximately $44,000. Avondale Wealth Management bought a new position in Oracle in the 3rd quarter worth approximately $51,000. Finally, Friedenthal Financial acquired a new stake in Oracle in the 3rd quarter valued at approximately $51,000. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 0.5 %

Shares of ORCL stock traded down $0.77 on Monday, reaching $153.73. 8,320,609 shares of the company’s stock traded hands, compared to its average volume of 7,901,509. The business’s 50 day moving average price is $177.62 and its two-hundred day moving average price is $161.04. The company has a market capitalization of $429.98 billion, a P/E ratio of 37.59, a price-to-earnings-growth ratio of 3.39 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.72 and a current ratio of 0.81. Oracle Co. has a 12-month low of $105.42 and a 12-month high of $198.31.

Oracle (NYSE:ORCL) last released its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $1.34 EPS. On average, equities analysts forecast that Oracle Co. will post 5.03 earnings per share for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analyst Upgrades and Downgrades

ORCL has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price target on Oracle from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a report on Tuesday, December 10th. Stifel Nicolaus raised their target price on shares of Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $205.00 price target on shares of Oracle in a research note on Tuesday, December 10th. Finally, Melius Research upgraded shares of Oracle from a “hold” rating to a “buy” rating in a report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $181.48.

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.