Capital One National Association decreased its position in shares of Oracle Corp. (NYSE:ORCL) by 2.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,080 shares of the enterprise software provider’s stock after selling 1,485 shares during the period. Capital One National Association’s holdings in Oracle Corp. were worth $2,910,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Oracle Corp. by 0.4% in the second quarter. Vanguard Group Inc. now owns 192,375,888 shares of the enterprise software provider’s stock valued at $7,873,946,000 after buying an additional 812,821 shares during the period. First Eagle Investment Management LLC boosted its position in Oracle Corp. by 1.7% in the second quarter. First Eagle Investment Management LLC now owns 40,498,196 shares of the enterprise software provider’s stock valued at $1,657,591,000 after buying an additional 694,698 shares during the period. BlackRock Fund Advisors boosted its position in Oracle Corp. by 0.9% in the second quarter. BlackRock Fund Advisors now owns 40,398,570 shares of the enterprise software provider’s stock valued at $1,653,513,000 after buying an additional 368,093 shares during the period. Magellan Asset Management Ltd boosted its position in Oracle Corp. by 1.5% in the second quarter. Magellan Asset Management Ltd now owns 27,617,584 shares of the enterprise software provider’s stock valued at $1,130,388,000 after buying an additional 415,490 shares during the period. Finally, First Pacific Advisors LLC boosted its position in Oracle Corp. by 5.9% in the second quarter. First Pacific Advisors LLC now owns 26,667,007 shares of the enterprise software provider’s stock valued at $1,091,481,000 after buying an additional 1,486,487 shares during the period. Hedge funds and other institutional investors own 56.94% of the company’s stock.

Institutional Ownership by Quarter for Oracle Corp. (NYSE:ORCL)

Oracle Corp. (NYSE:ORCL) traded up 0.07% during midday trading on Monday, hitting $40.30. The stock had a trading volume of 12,118,281 shares. The firm has a 50 day moving average of $38.88 and a 200 day moving average of $39.90. The firm has a market cap of $165.45 billion, a price-to-earnings ratio of 19.14 and a beta of 1.19. Oracle Corp. has a 52 week low of $33.13 and a 52 week high of $42.00.

Oracle Corp. (NYSE:ORCL) last posted its quarterly earnings data on Thursday, September 15th. The enterprise software provider reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by $0.03. The firm earned $8.60 billion during the quarter. Oracle Corp. had a return on equity of 22.10% and a net margin of 24.16%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. Equities research analysts predict that Oracle Corp. will post $2.63 EPS for the current year.

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A number of analysts have recently commented on ORCL shares. DA Davidson set a $52.00 price objective on shares of Oracle Corp. and gave the stock a “buy” rating in a research report on Tuesday, October 11th. BTIG Research reissued a “buy” rating and issued a $47.00 price objective on shares of Oracle Corp. in a research report on Monday, August 22nd. Vetr raised shares of Oracle Corp. from a “hold” rating to a “buy” rating and set a $42.94 price objective on the stock in a research report on Wednesday, August 31st. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $41.00 price objective on shares of Oracle Corp. in a research report on Thursday, September 15th. Finally, Cowen and Company reissued an “outperform” rating and issued a $46.00 price objective on shares of Oracle Corp. in a research report on Monday, September 26th. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating and twenty-six have given a buy rating to the company’s stock. Oracle Corp. has a consensus rating of “Buy” and an average target price of $43.79.

In other Oracle Corp. news, EVP Dorian Daley sold 16,065 shares of the stock in a transaction on Thursday, September 22nd. The stock was sold at an average price of $39.61, for a total value of $636,334.65. Following the completion of the transaction, the executive vice president now owns 25,000 shares in the company, valued at $990,250. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $39.06, for a total value of $146,475.00. Following the completion of the transaction, the director now owns 8,281 shares of the company’s stock, valued at approximately $323,455.86. The disclosure for this sale can be found here. 29.00% of the stock is owned by company insiders.

About Oracle Corp.

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

5 Day Chart for NYSE:ORCL

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