Bbva Compass Bancshares Inc. lowered its holdings in Oracle Co. (NYSE:ORCL) by 0.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 288,561 shares of the enterprise software provider’s stock after selling 1,015 shares during the period. Oracle makes up 0.9% of Bbva Compass Bancshares Inc.’s holdings, making the stock its 23rd biggest holding. Bbva Compass Bancshares Inc.’s holdings in Oracle were worth $13,029,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Csenge Advisory Group acquired a new position in Oracle during the 3rd quarter worth approximately $25,000. Massey Quick Simon & CO. LLC grew its holdings in Oracle by 220.9% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 600 shares of the enterprise software provider’s stock worth $27,000 after acquiring an additional 413 shares in the last quarter. Cordasco Financial Network grew its holdings in Oracle by 225.0% during the 4th quarter. Cordasco Financial Network now owns 1,300 shares of the enterprise software provider’s stock worth $59,000 after acquiring an additional 900 shares in the last quarter. Edge Wealth Management LLC grew its holdings in Oracle by 101.3% during the 4th quarter. Edge Wealth Management LLC now owns 1,590 shares of the enterprise software provider’s stock worth $72,000 after acquiring an additional 800 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Oracle by 54.5% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,656 shares of the enterprise software provider’s stock worth $75,000 after acquiring an additional 584 shares in the last quarter. Hedge funds and other institutional investors own 46.80% of the company’s stock.

In related news, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction on Monday, December 17th. The shares were sold at an average price of $46.42, for a total value of $174,075.00. Following the completion of the sale, the director now owns 27,969 shares in the company, valued at approximately $1,298,320.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Dorian Daley sold 6,302 shares of the company’s stock in a transaction on Monday, December 24th. The shares were sold at an average price of $43.24, for a total transaction of $272,498.48. Following the completion of the sale, the executive vice president now owns 77,919 shares of the company’s stock, valued at approximately $3,369,217.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,552 shares of company stock valued at $1,945,486. 32.00% of the stock is owned by insiders.

ORCL has been the subject of several analyst reports. Standpoint Research upgraded shares of Oracle from a “hold” rating to a “buy” rating and set a $42.69 price target for the company in a report on Wednesday, December 26th. Barclays cut shares of Oracle from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $60.00 to $55.00 in a report on Wednesday, January 9th. Goldman Sachs Group reiterated a “buy” rating and set a $55.00 price target on shares of Oracle in a report on Thursday, February 14th. Nomura set a $53.00 price target on shares of Oracle and gave the stock a “buy” rating in a report on Wednesday, December 12th. Finally, Credit Suisse Group reiterated a “buy” rating and set a $60.00 price target on shares of Oracle in a report on Monday, February 18th. Three investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $52.12.

Shares of NYSE:ORCL opened at $53.05 on Friday. The company has a market cap of $218.57 billion, a PE ratio of 18.81, a P/E/G ratio of 1.75 and a beta of 1.08. The company has a quick ratio of 2.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.66. Oracle Co. has a twelve month low of $42.40 and a twelve month high of $53.47.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Thursday, March 14th. The enterprise software provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.84 by $0.03. Oracle had a net margin of 10.01% and a return on equity of 29.93%. The firm had revenue of $9.62 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. Oracle’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities research analysts forecast that Oracle Co. will post 3.07 EPS for the current year.

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About Oracle

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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