JLB & Associates Inc. increased its position in Oracle Co. (NYSE:ORCL) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 227,423 shares of the enterprise software provider’s stock after buying an additional 407 shares during the period. Oracle comprises 2.5% of JLB & Associates Inc.’s portfolio, making the stock its 17th largest holding. JLB & Associates Inc.’s holdings in Oracle were worth $10,268,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Godshalk Welsh Capital Management Inc. grew its stake in Oracle by 6.1% during the third quarter. Godshalk Welsh Capital Management Inc. now owns 31,400 shares of the enterprise software provider’s stock worth $1,619,000 after buying an additional 1,800 shares during the period. Trexquant Investment LP grew its stake in Oracle by 1,874.8% during the third quarter. Trexquant Investment LP now owns 100,219 shares of the enterprise software provider’s stock worth $5,167,000 after buying an additional 95,144 shares during the period. Motley Fool Asset Management LLC grew its stake in Oracle by 23.1% during the third quarter. Motley Fool Asset Management LLC now owns 53,782 shares of the enterprise software provider’s stock worth $2,773,000 after buying an additional 10,083 shares during the period. Afam Capital Inc. grew its stake in Oracle by 1.8% during the third quarter. Afam Capital Inc. now owns 155,585 shares of the enterprise software provider’s stock worth $8,022,000 after buying an additional 2,725 shares during the period. Finally, Sterling Capital Management LLC grew its stake in Oracle by 76.8% during the second quarter. Sterling Capital Management LLC now owns 482,931 shares of the enterprise software provider’s stock worth $21,278,000 after buying an additional 209,853 shares during the period. 50.97% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:ORCL traded up $0.57 on Friday, reaching $48.39. 819,946 shares of the company’s stock were exchanged, compared to its average volume of 23,285,662. The stock has a market capitalization of $197.79 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 1.59 and a beta of 1.04. Oracle Co. has a fifty-two week low of $42.40 and a fifty-two week high of $53.48. The company has a debt-to-equity ratio of 1.66, a quick ratio of 2.80 and a current ratio of 2.80.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, December 17th. The enterprise software provider reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.10. The company had revenue of $9.57 billion for the quarter, compared to analysts’ expectations of $9.52 billion. Oracle had a net margin of 10.01% and a return on equity of 29.93%. The firm’s revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.70 earnings per share. Sell-side analysts expect that Oracle Co. will post 3.07 EPS for the current fiscal year.

Oracle announced that its board has authorized a share buyback program on Monday, September 17th that permits the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization permits the enterprise software provider to buy up to 5.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 30th. Investors of record on Wednesday, January 16th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, January 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.57%. Oracle’s dividend payout ratio (DPR) is presently 26.95%.

In related news, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $50.01, for a total value of $187,537.50. Following the sale, the director now owns 27,969 shares of the company’s stock, valued at approximately $1,398,729.69. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Dorian Daley sold 25,000 shares of the stock in a transaction dated Thursday, December 27th. The stock was sold at an average price of $45.00, for a total transaction of $1,125,000.00. Following the completion of the sale, the executive vice president now directly owns 102,919 shares in the company, valued at approximately $4,631,355. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,552 shares of company stock worth $1,936,336. Corporate insiders own 32.00% of the company’s stock.

Several equities research analysts have issued reports on ORCL shares. Goldman Sachs Group reiterated a “buy” rating and set a $55.00 price objective on shares of Oracle in a research note on Tuesday, September 18th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $53.00 price objective on shares of Oracle in a research note on Tuesday, September 18th. Stifel Nicolaus restated a “hold” rating and issued a $49.00 target price (down from $50.00) on shares of Oracle in a research note on Tuesday, September 18th. Wedbush restated a “neutral” rating and issued a $49.00 target price on shares of Oracle in a research note on Tuesday, September 18th. Finally, Credit Suisse Group restated a “buy” rating and issued a $60.00 target price on shares of Oracle in a research note on Tuesday, September 18th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and thirteen have assigned a buy rating to the stock. Oracle currently has a consensus rating of “Hold” and a consensus price target of $52.48.

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Oracle Company Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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