Decker Retirement Planning Inc. Purchases New Position in Oracle Co. (NYSE:ORCL)

Decker Retirement Planning Inc. acquired a new stake in shares of Oracle Co. (NYSE:ORCL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,902 shares of the enterprise software provider’s stock, valued at approximately $484,000.

Other large investors have also recently bought and sold shares of the company. Quest Partners LLC bought a new position in Oracle during the second quarter worth about $40,000. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Oracle by 6.7% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 33,689 shares of the enterprise software provider’s stock worth $4,757,000 after purchasing an additional 2,103 shares during the period. Waterloo Capital L.P. lifted its holdings in shares of Oracle by 6.1% during the 2nd quarter. Waterloo Capital L.P. now owns 8,934 shares of the enterprise software provider’s stock valued at $1,261,000 after purchasing an additional 510 shares in the last quarter. LJI Wealth Management LLC grew its position in shares of Oracle by 201.7% in the 2nd quarter. LJI Wealth Management LLC now owns 4,858 shares of the enterprise software provider’s stock valued at $686,000 after purchasing an additional 3,248 shares during the period. Finally, WCG Wealth Advisors LLC increased its stake in Oracle by 26.9% during the 2nd quarter. WCG Wealth Advisors LLC now owns 56,602 shares of the enterprise software provider’s stock worth $7,992,000 after purchasing an additional 12,014 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $159.73 on Friday. The stock has a market capitalization of $446.76 billion, a PE ratio of 39.05, a PEG ratio of 3.03 and a beta of 1.06. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a one year low of $105.68 and a one year high of $198.31. The business’s 50 day simple moving average is $176.53 and its 200 day simple moving average is $161.22.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same quarter in the prior year, the company posted $1.34 EPS. Oracle’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, research analysts forecast that Oracle Co. will post 5.01 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. Stockholders of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.00%. Oracle’s dividend payout ratio is presently 39.12%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Oracle from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Stifel Nicolaus lifted their price target on Oracle from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. BMO Capital Markets lifted their target price on Oracle from $173.00 to $205.00 and gave the company a “market perform” rating in a research report on Tuesday, December 10th. StockNews.com upgraded shares of Oracle from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $165.00 target price on shares of Oracle in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $182.73.

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.