Traders sold shares of Oracle Co. (NYSE:ORCL) on strength during trading on Wednesday. $81.15 million flowed into the stock on the tick-up and $144.48 million flowed out of the stock on the tick-down, for a money net flow of $63.33 million out of the stock. Of all companies tracked, Oracle had the 32nd highest net out-flow for the day. Oracle traded up $0.96 for the day and closed at $49.45

A number of brokerages recently issued reports on ORCL. Instinet began coverage on Oracle in a research report on Wednesday, January 24th. They issued a “buy” rating and a $51.12 price objective on the stock. ValuEngine upgraded Oracle from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Vetr upgraded Oracle from a “hold” rating to a “strong-buy” rating and set a $60.60 price objective on the stock in a research report on Thursday, November 2nd. Nomura began coverage on Oracle in a research report on Tuesday, January 23rd. They issued a “buy” rating and a $64.00 price objective on the stock. Finally, Zacks Investment Research upgraded Oracle from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, ten have given a hold rating and thirty have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $55.39.

The company has a debt-to-equity ratio of 1.03, a current ratio of 5.07 and a quick ratio of 5.04. The company has a market cap of $204,700.00, a P/E ratio of 21.22, a PEG ratio of 1.84 and a beta of 1.08.

Oracle (NYSE:ORCL) last posted its earnings results on Thursday, December 14th. The enterprise software provider reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.02. The company had revenue of $9.63 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Oracle had a return on equity of 20.49% and a net margin of 25.48%. Oracle’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.61 earnings per share. sell-side analysts expect that Oracle Co. will post 2.68 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $0.76 annualized dividend and a dividend yield of 1.54%. Oracle’s payout ratio is presently 32.62%.

Oracle announced that its board has initiated a stock buyback program on Thursday, December 14th that allows the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization allows the enterprise software provider to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

In other Oracle news, EVP Dorian Daley sold 100,000 shares of Oracle stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $47.59, for a total transaction of $4,759,000.00. Following the sale, the executive vice president now directly owns 136,954 shares of the company’s stock, valued at approximately $6,517,640.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 45,000 shares of Oracle stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $51.34, for a total value of $2,310,300.00. Following the sale, the director now directly owns 62,498 shares in the company, valued at $3,208,647.32. The disclosure for this sale can be found here. Insiders sold 1,952,500 shares of company stock worth $98,130,250 over the last three months. 29.00% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the business. Acrospire Investment Management LLC boosted its position in Oracle by 947.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,990 shares of the enterprise software provider’s stock valued at $100,000 after acquiring an additional 1,800 shares in the last quarter. Burt Wealth Advisors boosted its position in shares of Oracle by 4.3% in the 2nd quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock worth $107,000 after purchasing an additional 88 shares in the last quarter. Tarbox Family Office Inc. boosted its position in shares of Oracle by 71.1% in the 4th quarter. Tarbox Family Office Inc. now owns 2,322 shares of the enterprise software provider’s stock worth $110,000 after purchasing an additional 965 shares in the last quarter. IHT Wealth Management LLC boosted its position in shares of Oracle by 65.9% in the 2nd quarter. IHT Wealth Management LLC now owns 2,383 shares of the enterprise software provider’s stock worth $154,000 after purchasing an additional 947 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Oracle by 81,200.0% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,439 shares of the enterprise software provider’s stock worth $118,000 after purchasing an additional 2,436 shares in the last quarter. 57.77% of the stock is currently owned by institutional investors and hedge funds.

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About Oracle

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.

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