MASTERINVEST Kapitalanlage GmbH Makes New $11.18 Million Investment in Oracle Corporation $ORCL

MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 51,142 shares of the enterprise software provider’s stock, valued at approximately $11,181,000. Oracle accounts for approximately 1.2% of MASTERINVEST Kapitalanlage GmbH’s holdings, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ORCL. Nautilus Advisors LLC raised its position in Oracle by 49.9% during the second quarter. Nautilus Advisors LLC now owns 3,126 shares of the enterprise software provider’s stock worth $683,000 after acquiring an additional 1,040 shares during the period. Silverlake Wealth Management LLC increased its stake in shares of Oracle by 10.0% during the second quarter. Silverlake Wealth Management LLC now owns 2,525 shares of the enterprise software provider’s stock worth $552,000 after purchasing an additional 230 shares in the last quarter. Hilltop Partners LLC raised its position in shares of Oracle by 457.3% during the 2nd quarter. Hilltop Partners LLC now owns 9,624 shares of the enterprise software provider’s stock worth $2,104,000 after purchasing an additional 7,897 shares during the last quarter. Fulcrum Equity Management acquired a new position in shares of Oracle during the 2nd quarter worth about $271,000. Finally, Carter Financial Group INC. purchased a new position in Oracle in the 2nd quarter valued at about $1,155,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In related news, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the transaction, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 171,513 shares of company stock valued at $50,397,893 in the last ninety days. 40.90% of the stock is currently owned by corporate insiders.

Oracle Stock Down 4.6%

NYSE ORCL opened at $189.64 on Monday. The business’s fifty day simple moving average is $245.58 and its 200-day simple moving average is $241.93. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 3.28. The firm has a market cap of $544.86 billion, a PE ratio of 35.65, a P/E/G ratio of 1.82 and a beta of 1.66. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

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

Oracle Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ORCL shares. TD Cowen cut their price objective on Oracle from $400.00 to $350.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho lifted their price target on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Stifel Nicolaus reduced their price objective on Oracle from $350.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday. Cantor Fitzgerald decreased their price objective on Oracle from $400.00 to $320.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, HSBC reaffirmed a “buy” rating and set a $382.00 target price on shares of Oracle in a report on Wednesday, November 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $301.57.

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.