32,494 Shares in Oracle Corporation $ORCL Purchased by Caxton Associates LLP

Caxton Associates LLP acquired a new stake in Oracle Corporation (NYSE:ORCL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 32,494 shares of the enterprise software provider’s stock, valued at approximately $7,104,000.

A number of other large investors have also modified their holdings of ORCL. Swiss National Bank grew its stake in Oracle by 7.6% in the 2nd quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock valued at $1,113,526,000 after acquiring an additional 360,000 shares during the last quarter. Private Wealth Asset Management LLC raised its position in Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after acquiring an additional 321 shares during the last quarter. Soltis Investment Advisors LLC lifted its holdings in shares of Oracle by 4.8% in the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after purchasing an additional 1,515 shares in the last quarter. Cascade Investment Group Inc. acquired a new stake in shares of Oracle in the second quarter valued at approximately $239,000. Finally, Lockerman Financial Group Inc. purchased a new position in shares of Oracle during the 2nd quarter worth approximately $328,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Down 4.6%

Shares of NYSE:ORCL opened at $189.64 on Friday. 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 cap of $540.62 billion, a price-to-earnings ratio of 35.65, a PEG ratio of 2.14 and a beta of 1.66. The stock’s 50-day moving average price is $245.58 and its two-hundred day moving average price is $241.39. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, December 10th. The enterprise software provider reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.62. Oracle had a net margin of 25.28% and a return on equity of 70.60%. The business had revenue of $16.06 billion for the quarter, compared to analyst estimates of $16.19 billion. During the same period in the prior year, the firm posted $1.47 EPS. The company’s revenue was up 14.2% on a year-over-year basis. On average, research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction 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 $43,018,756.98. This trade represents a 24.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 171,513 shares of company stock worth $50,397,893. 40.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ORCL. Cowen reaffirmed a “buy” rating on shares of Oracle in a research note on Thursday, December 4th. Barclays set a $310.00 price objective on Oracle in a research report on Thursday. Mizuho lifted their price objective on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Citigroup reduced their target price on shares of Oracle from $375.00 to $370.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Wolfe Research raised their price target on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.