Liontrust Investment Partners LLP Increases Holdings in Oracle Corporation $ORCL

Liontrust Investment Partners LLP lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 11.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 213,989 shares of the enterprise software provider’s stock after purchasing an additional 22,237 shares during the period. Liontrust Investment Partners LLP’s holdings in Oracle were worth $46,784,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in ORCL. Snider Financial Group boosted its stake in Oracle by 1.3% in the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock valued at $701,000 after acquiring an additional 40 shares during the last quarter. SNS Financial Group LLC raised its holdings in shares of Oracle by 0.9% in the 2nd quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after purchasing an additional 42 shares during the period. PKS Advisory Services LLC lifted its stake in Oracle by 1.9% in the second quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock valued at $483,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. grew its holdings in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after purchasing an additional 43 shares during the period. Finally, Creative Capital Management Investments LLC grew its holdings in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after purchasing an additional 43 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

Oracle stock opened at $189.64 on Friday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a current ratio of 0.91, a quick ratio of 0.62 and a debt-to-equity ratio of 3.28. The firm has a market capitalization of $540.62 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 2.14 and a beta of 1.66. The firm’s 50 day simple moving average is $245.58 and its 200 day simple moving average is $241.39.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Wednesday, December 10th. The enterprise software provider reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.62. The firm had revenue of $16.06 billion during the quarter, compared to analyst estimates of $16.19 billion. Oracle had a net margin of 25.28% and a return on equity of 70.60%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.47 EPS. As a group, analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, January 9th. Oracle’s dividend payout ratio is currently 37.59%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ORCL shares. JMP Securities reaffirmed a “market outperform” rating and set a $342.00 price target on shares of Oracle in a research report on Friday, October 17th. Royal Bank Of Canada dropped their price objective on shares of Oracle from $310.00 to $250.00 and set a “sector perform” rating on the stock in a report on Thursday. BNP Paribas set a $377.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Cantor Fitzgerald lowered their price target on shares of Oracle from $400.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Wolfe Research raised their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $301.57.

Insider Transactions at Oracle

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 171,513 shares of company stock worth $50,397,893. 40.90% of the stock is owned by insiders.

Oracle Company 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.