Caledonia Investments PLC Sells 92,000 Shares of Oracle Co. (NYSE:ORCL)

Caledonia Investments PLC cut its position in shares of Oracle Co. (NYSE:ORCL) by 12.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 667,100 shares of the enterprise software provider’s stock after selling 92,000 shares during the quarter. Oracle accounts for 13.3% of Caledonia Investments PLC’s investment portfolio, making the stock its biggest holding. Caledonia Investments PLC’s holdings in Oracle were worth $111,199,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Quest Partners LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $40,000. Bahl & Gaynor Inc. boosted its holdings in shares of Oracle by 2.7% during the second quarter. Bahl & Gaynor Inc. now owns 31,304 shares of the enterprise software provider’s stock worth $4,420,000 after purchasing an additional 832 shares during the last quarter. American Century Companies Inc. grew its position in shares of Oracle by 223.9% in the second quarter. American Century Companies Inc. now owns 1,067,682 shares of the enterprise software provider’s stock valued at $150,757,000 after purchasing an additional 738,085 shares during the period. Y.D. More Investments Ltd increased its stake in Oracle by 272.8% in the second quarter. Y.D. More Investments Ltd now owns 16,104 shares of the enterprise software provider’s stock valued at $2,273,000 after purchasing an additional 11,784 shares during the last quarter. Finally, Trueblood Wealth Management LLC boosted its stake in Oracle by 0.8% in the 2nd quarter. Trueblood Wealth Management LLC now owns 12,251 shares of the enterprise software provider’s stock worth $1,730,000 after buying an additional 101 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on ORCL shares. Morgan Stanley upped their price target on Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt cut shares of Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price target on the stock. in a research report on Friday, December 20th. StockNews.com downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. KeyCorp upped their price target on shares of Oracle from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Finally, Mizuho raised their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $181.48.

Oracle Stock Performance

Shares of Oracle stock opened at $163.13 on Friday. The stock’s fifty day simple moving average is $177.93 and its 200 day simple moving average is $160.63. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 5.65. The company has a market capitalization of $456.27 billion, a PE ratio of 39.89, a PEG ratio of 3.39 and a beta of 1.06. Oracle Co. has a 12 month low of $102.72 and a 12 month high of $198.31.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.06 billion during the quarter, compared to analyst estimates of $14.12 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.34 EPS. On average, research analysts predict that Oracle Co. will post 5.03 EPS for the current year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend was Friday, January 10th. Oracle’s dividend payout ratio is currently 39.12%.

Oracle Company 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.