LGT Capital Partners LTD. continued to hold its stake in Oracle Corp. (NYSE:ORCL) during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 107,200 shares of the enterprise software provider’s stock at the end of the third quarter. LGT Capital Partners LTD.’s holdings in Oracle Corp. were worth $4,211,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ORCL. Point View Wealth Management Inc. raised its position in shares of Oracle Corp. by 0.5% in the second quarter. Point View Wealth Management Inc. now owns 6,959 shares of the enterprise software provider’s stock worth $285,000 after buying an additional 37 shares in the last quarter. Capital Asset Advisory Services LLC raised its position in shares of Oracle Corp. by 0.9% in the third quarter. Capital Asset Advisory Services LLC now owns 6,200 shares of the enterprise software provider’s stock worth $244,000 after buying an additional 55 shares in the last quarter. Enterprise Financial Services Corp raised its position in shares of Oracle Corp. by 0.8% in the second quarter. Enterprise Financial Services Corp now owns 7,443 shares of the enterprise software provider’s stock worth $305,000 after buying an additional 62 shares in the last quarter. Bollard Group LLC raised its position in shares of Oracle Corp. by 0.4% in the second quarter. Bollard Group LLC now owns 18,731 shares of the enterprise software provider’s stock worth $767,000 after buying an additional 69 shares in the last quarter. Finally, Lourd Capital LLC raised its position in shares of Oracle Corp. by 1.2% in the second quarter. Lourd Capital LLC now owns 7,854 shares of the enterprise software provider’s stock worth $321,000 after buying an additional 92 shares in the last quarter. 56.94% of the stock is currently owned by institutional investors and hedge funds.

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

Oracle Corp. (NYSE:ORCL) traded down 0.89% during midday trading on Wednesday, hitting $40.19. 14,374,592 shares of the stock traded hands. The firm has a market cap of $165.00 billion, a P/E ratio of 19.09 and a beta of 1.19. The company has a 50-day moving average price of $38.88 and a 200-day moving average price of $39.90. Oracle Corp. has a 1-year low of $33.13 and a 1-year high of $42.00.

Oracle Corp. (NYSE:ORCL) last posted its earnings results on Thursday, September 15th. The enterprise software provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.03. Oracle Corp. had a return on equity of 22.10% and a net margin of 24.16%. The firm had revenue of $8.60 billion for the quarter. During the same quarter in the prior year, the firm posted $0.53 earnings per share. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. Analysts predict that Oracle Corp. will post $2.63 EPS for the current year.

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A number of research analysts have weighed in on the stock. DA Davidson reissued a “buy” rating and issued a $52.00 target price on shares of Oracle Corp. in a research note on Saturday, September 17th. Rosenblatt Securities set a $48.00 target price on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Saturday, September 17th. SunTrust Banks Inc. set a $48.00 target price on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Saturday, September 17th. reissued an “underperform” rating and issued a $42.00 target price on shares of Oracle Corp. in a research note on Tuesday, November 8th. Finally, Societe Generale set a $46.00 target price on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Monday, September 19th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $43.85.

In related news, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $39.06, for a total value of $146,475.00. Following the transaction, the director now directly owns 8,281 shares of the company’s stock, valued at approximately $323,455.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dorian Daley sold 16,065 shares of the firm’s stock in a transaction dated Thursday, September 22nd. The shares were sold at an average price of $39.61, for a total transaction of $636,334.65. Following the completion of the transaction, the executive vice president now directly owns 25,000 shares in the company, valued at $990,250. The disclosure for this sale can be found here. Insiders own 29.00% of the company’s stock.

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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