Old Mutual Global Investors UK Ltd. cut its holdings in Oracle Co. (NYSE:ORCL) by 19.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,580 shares of the enterprise software provider’s stock after selling 20,363 shares during the quarter. Old Mutual Global Investors UK Ltd.’s holdings in Oracle were worth $3,823,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ORCL. Wealthcare Advisory Partners LLC grew its position in Oracle by 81,200.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,439 shares of the enterprise software provider’s stock valued at $118,000 after purchasing an additional 2,436 shares during the last quarter. Fieldpoint Private Securities LLC grew its position in Oracle by 87.8% during the 3rd quarter. Fieldpoint Private Securities LLC now owns 7,734 shares of the enterprise software provider’s stock valued at $374,000 after purchasing an additional 3,616 shares during the last quarter. Independent Advisor Alliance grew its position in Oracle by 45.4% during the 3rd quarter. Independent Advisor Alliance now owns 29,116 shares of the enterprise software provider’s stock valued at $1,408,000 after purchasing an additional 9,098 shares during the last quarter. Yellowstone Partners LLC purchased a new stake in Oracle during the 3rd quarter valued at about $216,000. Finally, IFM Investors Pty Ltd grew its position in Oracle by 2.8% during the 3rd quarter. IFM Investors Pty Ltd now owns 86,303 shares of the enterprise software provider’s stock valued at $4,173,000 after purchasing an additional 2,358 shares during the last quarter. 56.34% of the stock is currently owned by hedge funds and other institutional investors.

In other Oracle news, insider Edward Screven sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 10th. The shares were sold at an average price of $46.89, for a total transaction of $23,445,000.00. Following the sale, the insider now owns 2,644,595 shares in the company, valued at approximately $124,005,059.55. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $46.51, for a total transaction of $174,412.50. Following the sale, the director now owns 18,125 shares in the company, valued at approximately $842,993.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,557,015 shares of company stock worth $117,480,315. 29.00% of the stock is owned by company insiders.

Several analysts recently commented on ORCL shares. Vetr downgraded shares of Oracle from a “buy” rating to a “hold” rating and set a $51.30 price objective on the stock. in a research report on Thursday, February 15th. Credit Suisse Group reissued a “buy” rating and set a $62.00 price objective on shares of Oracle in a research report on Sunday, February 18th. Cleveland Research downgraded shares of Oracle from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 20th. OTR Global downgraded shares of Oracle to a “positive” rating in a research report on Friday, March 9th. Finally, Barclays increased their price objective on shares of Oracle from $56.00 to $60.00 and gave the company an “overweight” rating in a research report on Monday, March 12th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and twenty-three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $56.24.

Shares of Oracle opened at $48.45 on Wednesday, MarketBeat.com reports. Oracle Co. has a twelve month low of $44.04 and a twelve month high of $53.48. The company has a current ratio of 4.33, a quick ratio of 4.30 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $199.49 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 1.63 and a beta of 1.15.

Oracle (NYSE:ORCL) last released its earnings results on Monday, March 19th. The enterprise software provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.11. Oracle had a net margin of 9.25% and a return on equity of 21.77%. The company had revenue of $9.78 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same quarter last year, the business earned $0.69 EPS. The firm’s revenue was up 5.4% compared to the same quarter last year. analysts expect that Oracle Co. will post 2.78 EPS for the current fiscal year.

Oracle Company Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology (IT) environments worldwide. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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