Nadler Financial Group Inc. Has $1.72 Million Stake in Oracle Co. (NYSE:ORCL)

Nadler Financial Group Inc. decreased its position in shares of Oracle Co. (NYSE:ORCL) by 0.8% during the 4th quarter, HoldingsChannel reports. The fund owned 16,311 shares of the enterprise software provider’s stock after selling 124 shares during the period. Nadler Financial Group Inc.’s holdings in Oracle were worth $1,720,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bison Wealth LLC increased its position in Oracle by 0.8% during the third quarter. Bison Wealth LLC now owns 12,089 shares of the enterprise software provider’s stock worth $1,280,000 after purchasing an additional 91 shares during the last quarter. MONECO Advisors LLC raised its stake in shares of Oracle by 1.1% in the 3rd quarter. MONECO Advisors LLC now owns 8,652 shares of the enterprise software provider’s stock valued at $916,000 after acquiring an additional 94 shares during the period. Everhart Financial Group Inc. raised its stake in shares of Oracle by 1.4% in the 4th quarter. Everhart Financial Group Inc. now owns 7,163 shares of the enterprise software provider’s stock valued at $755,000 after acquiring an additional 96 shares during the period. Nicholas Hoffman & Company LLC. raised its stake in shares of Oracle by 1.0% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 9,443 shares of the enterprise software provider’s stock valued at $1,000,000 after acquiring an additional 98 shares during the period. Finally, J.W. Cole Advisors Inc. raised its stake in shares of Oracle by 0.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 21,290 shares of the enterprise software provider’s stock valued at $2,255,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, CEO Safra Catz sold 790,000 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the sale, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at approximately $141,546,631.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 42.80% of the stock is owned by corporate insiders.

Oracle Price Performance

NYSE ORCL traded up $3.15 during trading hours on Friday, reaching $118.04. The company’s stock had a trading volume of 4,430,091 shares, compared to its average volume of 8,427,821. The stock has a market cap of $324.43 billion, a PE ratio of 30.31, a PEG ratio of 2.31 and a beta of 1.01. Oracle Co. has a fifty-two week low of $93.29 and a fifty-two week high of $132.77. The company’s 50-day moving average is $119.30 and its two-hundred day moving average is $113.06. The company has a debt-to-equity ratio of 13.34, a quick ratio of 0.85 and a current ratio of 0.85.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Monday, March 11th. The enterprise software provider reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.04. The firm had revenue of $13.28 billion for the quarter, compared to analysts’ expectations of $13.29 billion. Oracle had a net margin of 20.27% and a return on equity of 336.11%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 EPS. Analysts forecast that Oracle Co. will post 4.44 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, April 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.36%. Oracle’s dividend payout ratio is currently 42.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ORCL shares. BMO Capital Markets boosted their price target on shares of Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, March 12th. Oppenheimer began coverage on shares of Oracle in a report on Thursday, April 18th. They issued a “market perform” rating for the company. The Goldman Sachs Group boosted their price target on shares of Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. HSBC boosted their price target on shares of Oracle from $144.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. Finally, Argus upgraded shares of Oracle from a “hold” rating to a “buy” rating in a report on Thursday, March 14th. Ten equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $130.76.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.