Investors purchased shares of Oracle Corporation (NYSE:ORCL) on weakness during trading hours on Tuesday. $157.42 million flowed into the stock on the tick-up and $102.36 million flowed out of the stock on the tick-down, for a money net flow of $55.06 million into the stock. Of all companies tracked, Oracle Corporation had the 3rd highest net in-flow for the day. Oracle Corporation traded down ($0.39) for the day and closed at $48.63

Several analysts recently issued reports on ORCL shares. Vetr lowered shares of Oracle Corporation from a “buy” rating to a “hold” rating and set a $46.58 price objective on the stock. in a report on Sunday, September 3rd. Zacks Investment Research lowered shares of Oracle Corporation from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Jefferies Group LLC restated a “buy” rating and set a $60.00 target price on shares of Oracle Corporation in a research note on Tuesday, July 25th. Royal Bank Of Canada restated a “buy” rating and set a $53.00 target price on shares of Oracle Corporation in a research note on Sunday, August 27th. Finally, BidaskClub raised Oracle Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, October 27th. Eleven equities research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company. Oracle Corporation currently has an average rating of “Buy” and a consensus price target of $54.85.

The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.61 and a current ratio of 3.63. The stock has a market capitalization of $204,580.00, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 1.86 and a beta of 1.07.

Oracle Corporation (NYSE:ORCL) last issued its quarterly earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.02. Oracle Corporation had a return on equity of 20.55% and a net margin of 25.34%. The business had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same period in the previous year, the business earned $0.55 EPS. The business’s quarterly revenue was up 7.0% on a year-over-year basis. research analysts predict that Oracle Corporation will post 2.68 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Wednesday, October 11th were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, October 10th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.56%. Oracle Corporation’s dividend payout ratio (DPR) is 33.19%.

In related news, Director George H. Conrades sold 56,250 shares of the business’s stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of $48.25, for a total transaction of $2,714,062.50. Following the completion of the transaction, the director now owns 66,250 shares in the company, valued at approximately $3,196,562.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dorian Daley sold 25,776 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $48.05, for a total value of $1,238,536.80. Following the transaction, the executive vice president now owns 30,977 shares of the company’s stock, valued at approximately $1,488,444.85. The disclosure for this sale can be found here. Insiders sold a total of 305,776 shares of company stock valued at $14,821,999 over the last quarter. Company insiders own 29.00% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. Acrospire Investment Management LLC boosted its position in Oracle Corporation by 947.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,990 shares of the enterprise software provider’s stock worth $100,000 after acquiring an additional 1,800 shares during the period. Burt Wealth Advisors boosted its position in Oracle Corporation by 4.3% during the 2nd quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock worth $107,000 after acquiring an additional 88 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Oracle Corporation by 1,150.0% during the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 2,500 shares of the enterprise software provider’s stock worth $112,000 after acquiring an additional 2,300 shares during the period. Wealthcare Advisory Partners LLC boosted its position in Oracle Corporation by 81,200.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,439 shares of the enterprise software provider’s stock worth $118,000 after acquiring an additional 2,436 shares during the period. Finally, TrimTabs Asset Management LLC boosted its position in Oracle Corporation by 88.8% during the 1st quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider’s stock worth $120,000 after acquiring an additional 1,264 shares during the period. Institutional investors own 58.09% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Investors Buy Oracle Corporation (ORCL) on Weakness” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/11/21/investors-buy-oracle-corporation-orcl-on-weakness.html.

Oracle Corporation Company Profile

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.

Receive News & Stock Ratings for Oracle Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle Corporation and related stocks with our FREE daily email newsletter.