Oracle Co. (NYSE:ORCL) Shares Purchased by UMB Bank n.a.

UMB Bank n.a. boosted its position in shares of Oracle Co. (NYSE:ORCL) by 49.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,857 shares of the enterprise software provider’s stock after buying an additional 70,844 shares during the period. UMB Bank n.a.’s holdings in Oracle were worth $35,470,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Winch Advisory Services LLC boosted its stake in Oracle by 89.7% during the fourth quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after buying an additional 87 shares during the period. Reston Wealth Management LLC purchased a new stake in Oracle during the 3rd quarter worth about $44,000. Avondale Wealth Management purchased a new stake in shares of Oracle during the 3rd quarter worth approximately $51,000. Friedenthal Financial purchased a new position in Oracle during the 3rd quarter worth $51,000. Finally, Activest Wealth Management grew its stake in shares of Oracle by 21.9% in the 3rd quarter. Activest Wealth Management now owns 312 shares of the enterprise software provider’s stock valued at $53,000 after purchasing an additional 56 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Trading Up 0.9 %

Shares of ORCL stock opened at $161.05 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle Co. has a 12-month low of $106.51 and a 12-month high of $198.31. The stock’s 50-day moving average price is $175.44 and its 200-day moving average price is $161.46. The stock has a market capitalization of $450.44 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The firm had revenue of $14.06 billion for the quarter, compared to analysts’ expectations of $14.12 billion. During the same period in the prior year, the firm posted $1.34 earnings per share. Oracle’s revenue for the quarter was up 8.6% on a year-over-year basis. Equities research analysts predict that Oracle Co. will post 5.01 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were given a dividend of $0.40 per share. The ex-dividend date was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. Oracle’s payout ratio is 39.12%.

Wall Street Analyst Weigh In

A number of research firms have commented on ORCL. JMP Securities reiterated a “market outperform” rating and set a $205.00 target price on shares of Oracle in a research report on Tuesday, December 10th. Morgan Stanley raised their price target on Oracle from $145.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 10th. StockNews.com upgraded Oracle from a “hold” rating to a “buy” rating in a report on Thursday. Jefferies Financial Group increased their price target on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Mizuho boosted their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $182.73.

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.