Trillium Asset Management LLC cut its holdings in shares of Oracle Co. (NYSE:ORCL) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 9,433 shares of the enterprise software provider’s stock after selling 347 shares during the period. Trillium Asset Management LLC’s holdings in Oracle were worth $426,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of ORCL. Csenge Advisory Group bought a new stake in Oracle in the 3rd quarter worth about $25,000. Massey Quick Simon & CO. LLC grew its position in Oracle by 220.9% in the 4th quarter. Massey Quick Simon & CO. LLC now owns 600 shares of the enterprise software provider’s stock worth $27,000 after purchasing an additional 413 shares in the last quarter. Cordasco Financial Network grew its position in Oracle by 225.0% in the 4th quarter. Cordasco Financial Network now owns 1,300 shares of the enterprise software provider’s stock worth $59,000 after purchasing an additional 900 shares in the last quarter. Edge Wealth Management LLC grew its position in Oracle by 101.3% in the 4th quarter. Edge Wealth Management LLC now owns 1,590 shares of the enterprise software provider’s stock worth $72,000 after purchasing an additional 800 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its position in Oracle by 54.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,656 shares of the enterprise software provider’s stock worth $75,000 after purchasing an additional 584 shares in the last quarter. 46.80% of the stock is owned by institutional investors.

A number of research analysts have recently weighed in on ORCL shares. Zacks Investment Research downgraded shares of Oracle from a “hold” rating to a “sell” rating in a research report on Wednesday, March 6th. Mitsubishi UFJ Financial Group increased their target price on shares of Oracle from $55.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday. Morgan Stanley downgraded shares of Oracle from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $57.00 to $53.00 in a research report on Tuesday, January 15th. Goldman Sachs Group reissued a “buy” rating and set a $55.00 target price on shares of Oracle in a research report on Thursday, February 14th. Finally, Standpoint Research downgraded shares of Oracle from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have given a buy rating to the company. Oracle presently has an average rating of “Hold” and an average target price of $52.77.

In other news, EVP Dorian Daley sold 6,302 shares of the stock in a transaction on Monday, December 24th. The shares were sold at an average price of $43.24, for a total value of $272,498.48. Following the transaction, the executive vice president now owns 77,919 shares of the company’s stock, valued at approximately $3,369,217.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction on Friday, February 15th. The stock was sold at an average price of $51.51, for a total transaction of $193,162.50. Following the completion of the transaction, the director now directly owns 27,969 shares in the company, valued at approximately $1,440,683.19. The disclosure for this sale can be found here. Insiders sold a total of 38,802 shares of company stock worth $1,771,411 over the last quarter. Corporate insiders own 32.00% of the company’s stock.

NYSE ORCL traded up $0.94 on Monday, hitting $53.88. The stock had a trading volume of 6,988,133 shares, compared to its average volume of 15,655,714. Oracle Co. has a 52-week low of $42.40 and a 52-week high of $53.47. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.80 and a quick ratio of 2.80. The stock has a market capitalization of $219.15 billion, a PE ratio of 19.11, a P/E/G ratio of 1.75 and a beta of 1.08.

Oracle (NYSE:ORCL) last posted its earnings results on Thursday, March 14th. The enterprise software provider reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.02. Oracle had a net margin of 10.01% and a return on equity of 29.93%. The business had revenue of $9.62 billion for the quarter, compared to analysts’ expectations of $9.59 billion. During the same period in the prior year, the company posted $0.83 EPS. The business’s revenue for the quarter was down .7% compared to the same quarter last year. On average, research analysts anticipate that Oracle Co. will post 3.07 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th will be paid a $0.24 dividend. The ex-dividend date is Wednesday, April 10th. This is a boost from Oracle’s previous quarterly dividend of $0.19. This represents a $0.96 annualized dividend and a yield of 1.78%. Oracle’s dividend payout ratio is currently 26.95%.

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Oracle Profile

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

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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