Mark Sheptoff Financial Planning LLC increased its position in shares of Oracle Corp. (NYSE:ORCL) by 84.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,168 shares of the enterprise software provider’s stock after buying an additional 9,680 shares during the period. Mark Sheptoff Financial Planning LLC’s holdings in Oracle Corp. were worth $866,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ORCL. Cribstone Capital Management LLC acquired a new stake in shares of Oracle Corp. during the second quarter valued at $102,000. FCM Investments TX increased its stake in shares of Oracle Corp. by 20.0% in the second quarter. FCM Investments TX now owns 3,000 shares of the enterprise software provider’s stock valued at $123,000 after buying an additional 500 shares during the last quarter. Proficio Capital Partners LLC increased its stake in shares of Oracle Corp. by 46.9% in the second quarter. Proficio Capital Partners LLC now owns 3,016 shares of the enterprise software provider’s stock valued at $124,000 after buying an additional 963 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its stake in shares of Oracle Corp. by 2.9% in the second quarter. Riggs Asset Managment Co. Inc. now owns 3,481 shares of the enterprise software provider’s stock valued at $142,000 after buying an additional 99 shares during the last quarter. Finally, Ironwood Financial llc acquired a new stake in shares of Oracle Corp. during the first quarter valued at $147,000. Institutional investors and hedge funds own 58.00% of the company’s stock.

Oracle Corp. (NYSE:ORCL) traded up 0.525% during trading on Wednesday, hitting $39.275. 4,842,345 shares of the company’s stock traded hands. The stock has a market cap of $161.77 billion, a P/E ratio of 18.658 and a beta of 1.08. Oracle Corp. has a 12-month low of $33.13 and a 12-month high of $42.00. The firm’s 50-day moving average price is $40.87 and its 200 day moving average price is $40.35.

Oracle Corp. (NYSE:ORCL) last issued its earnings results on Thursday, September 15th. The enterprise software provider reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by $0.03. Oracle Corp. had a net margin of 24.16% and a return on equity of 22.10%. The business earned $8.60 billion during the quarter. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Analysts anticipate that Oracle Corp. will post $2.64 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 26th. Investors of record on Wednesday, October 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.54%. The ex-dividend date is Friday, October 7th. Oracle Corp.’s dividend payout ratio (DPR) is 28.57%.

ORCL has been the topic of several recent analyst reports. Barclays PLC reiterated a “buy” rating and issued a $48.00 price target on shares of Oracle Corp. in a report on Monday, June 13th. Jefferies Group reiterated a “buy” rating and issued a $50.00 price target on shares of Oracle Corp. in a report on Monday, June 13th. Nomura reiterated a “buy” rating and issued a $44.00 price target on shares of Oracle Corp. in a report on Thursday, June 9th. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a $48.00 price target on shares of Oracle Corp. in a report on Friday, June 10th. Finally, Evercore ISI upgraded Oracle Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, June 1st. Three research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twenty-five have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $44.88.

In related news, Director Naomi O. Seligman sold 25,000 shares of Oracle Corp. stock in a transaction on Thursday, June 23rd. The shares were sold at an average price of $40.74, for a total transaction of $1,018,500.00. Following the sale, the director now owns 32,654 shares of the company’s stock, valued at approximately $1,330,323.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corp. stock in a transaction on Friday, July 15th. The stock was sold at an average price of $41.78, for a total transaction of $156,675.00. Following the sale, the director now directly owns 8,281 shares in the company, valued at approximately $345,980.18. The disclosure for this sale can be found here. Corporate insiders own 28.00% of the company’s stock.

About Oracle Corp.

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

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