AMG National Trust Bank lowered its holdings in Oracle Co. (NYSE:ORCL) by 20.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,711 shares of the enterprise software provider’s stock after selling 7,804 shares during the quarter. AMG National Trust Bank’s holdings in Oracle were worth $1,649,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Landmark Financial Advisors LLC increased its holdings in Oracle by 2.1% in the fourth quarter. Landmark Financial Advisors LLC now owns 9,613 shares of the enterprise software provider’s stock valued at $434,000 after purchasing an additional 200 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in Oracle by 2.1% in the first quarter. Joel Isaacson & Co. LLC now owns 10,158 shares of the enterprise software provider’s stock valued at $546,000 after purchasing an additional 205 shares during the last quarter. JFS Wealth Advisors LLC increased its holdings in Oracle by 9.0% in the first quarter. JFS Wealth Advisors LLC now owns 2,512 shares of the enterprise software provider’s stock valued at $135,000 after purchasing an additional 207 shares during the last quarter. LifePlan Financial Group Inc increased its holdings in Oracle by 12.3% in the first quarter. LifePlan Financial Group Inc now owns 1,977 shares of the enterprise software provider’s stock valued at $106,000 after purchasing an additional 217 shares during the last quarter. Finally, Moloney Securities Asset Management LLC increased its holdings in shares of Oracle by 4.7% in the fourth quarter. Moloney Securities Asset Management LLC now owns 5,007 shares of the enterprise software provider’s stock worth $226,000 after acquiring an additional 223 shares in the last quarter. 44.95% of the stock is currently owned by institutional investors.

In related news, insider Jeffrey Henley sold 400,000 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $54.03, for a total transaction of $21,612,000.00. Following the completion of the transaction, the insider now directly owns 400,000 shares of the company’s stock, valued at $21,612,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $51.54, for a total value of $193,275.00. Following the transaction, the director now directly owns 27,969 shares of the company’s stock, valued at $1,441,522.26. The disclosure for this sale can be found here. Insiders have sold 2,473,750 shares of company stock valued at $133,883,350 over the last ninety days. 32.00% of the stock is owned by insiders.

ORCL stock opened at $53.08 on Friday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 2.13. The stock has a market cap of $224.24 billion, a PE ratio of 18.82, a PEG ratio of 1.79 and a beta of 1.08. Oracle Co. has a fifty-two week low of $42.40 and a fifty-two week high of $55.53.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Thursday, March 14th. The enterprise software provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.02. The company had revenue of $9.62 billion during the quarter, compared to analysts’ expectations of $9.59 billion. Oracle had a return on equity of 34.03% and a net margin of 27.14%. Oracle’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 earnings per share. As a group, equities research analysts anticipate that Oracle Co. will post 3.08 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 11th were given a dividend of $0.24 per share. This is a boost from Oracle’s previous quarterly dividend of $0.19. This represents a $0.96 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend was Wednesday, April 10th. Oracle’s dividend payout ratio is currently 34.04%.

Several equities research analysts have issued reports on the company. DZ Bank restated a “sell” rating on shares of Oracle in a report on Tuesday, March 19th. Nomura restated a “reduce” rating and issued a $42.00 price target (down from $53.00) on shares of Oracle in a report on Monday, March 11th. Royal Bank of Canada increased their price target on Oracle to $57.00 and gave the stock a “sector perform” rating in a report on Friday, March 15th. Raymond James increased their price target on Oracle from $54.00 to $57.00 and gave the stock an “outperform” rating in a report on Friday, March 15th. Finally, UBS Group increased their price target on Oracle to $54.00 and gave the stock a “neutral” rating in a report on Friday, March 15th. Three investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eight have given a buy rating to the stock. Oracle presently has an average rating of “Hold” and an average target price of $53.11.

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About Oracle

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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