Kelleher Financial Advisors Acquires 76 Shares of Oracle Co. (NYSE:ORCL)

Kelleher Financial Advisors raised its holdings in Oracle Co. (NYSE:ORCL) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,354 shares of the enterprise software provider’s stock after buying an additional 76 shares during the quarter. Kelleher Financial Advisors’ holdings in Oracle were worth $226,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ORCL. Thrivent Financial for Lutherans boosted its position in shares of Oracle by 6.9% during the second quarter. Thrivent Financial for Lutherans now owns 95,803 shares of the enterprise software provider’s stock valued at $13,527,000 after purchasing an additional 6,215 shares in the last quarter. Interval Partners LP purchased a new position in Oracle during the second quarter valued at $819,000. Clear Point Advisors Inc. raised its stake in shares of Oracle by 43.4% in the second quarter. Clear Point Advisors Inc. now owns 558 shares of the enterprise software provider’s stock worth $79,000 after purchasing an additional 169 shares during the last quarter. Insigneo Advisory Services LLC raised its stake in shares of Oracle by 1.3% in the second quarter. Insigneo Advisory Services LLC now owns 12,306 shares of the enterprise software provider’s stock worth $1,738,000 after purchasing an additional 159 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI raised its stake in shares of Oracle by 19.7% in the second quarter. Zurich Insurance Group Ltd FI now owns 1,252,122 shares of the enterprise software provider’s stock worth $176,800,000 after purchasing an additional 205,817 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Up 6.7 %

NYSE ORCL opened at $184.18 on Thursday. The firm has a market capitalization of $515.14 billion, a price-to-earnings ratio of 45.03, a PEG ratio of 3.39 and a beta of 1.06. Oracle Co. has a 52 week low of $106.51 and a 52 week high of $198.31. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a fifty day moving average of $174.54 and a two-hundred day moving average of $161.90.

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

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, January 23rd were issued a $0.40 dividend. The ex-dividend date was Friday, January 10th. This represents a $1.60 annualized dividend and a yield of 0.87%. Oracle’s dividend payout ratio (DPR) is presently 39.12%.

Analyst Ratings Changes

ORCL has been the subject of several recent analyst reports. Piper Sandler boosted their price target on Oracle from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 10th. Monness Crespi & Hardt cut Oracle from a “neutral” rating to a “sell” rating and set a $130.00 price objective for the company. in a research report on Friday, December 20th. Mizuho upped their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Guggenheim upped their price objective on Oracle from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $165.00 price objective on shares of Oracle in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.73.

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.