LGT Capital Partners LTD. continued to hold its position in shares of Oracle Corp. (NYSE:ORCL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,200 shares of the enterprise software provider’s stock at the end of the third quarter. LGT Capital Partners LTD.’s holdings in Oracle Corp. were worth $4,211,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Point View Wealth Management Inc. increased its position in shares of Oracle Corp. by 0.5% in the second quarter. Point View Wealth Management Inc. now owns 6,959 shares of the enterprise software provider’s stock valued at $285,000 after buying an additional 37 shares during the last quarter. Capital Asset Advisory Services LLC increased its position in shares of Oracle Corp. by 0.9% in the third quarter. Capital Asset Advisory Services LLC now owns 6,200 shares of the enterprise software provider’s stock valued at $244,000 after buying an additional 55 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of Oracle Corp. by 0.8% in the second quarter. Enterprise Financial Services Corp now owns 7,443 shares of the enterprise software provider’s stock valued at $305,000 after buying an additional 62 shares during the last quarter. Bollard Group LLC increased its position in shares of Oracle Corp. by 0.4% in the second quarter. Bollard Group LLC now owns 18,731 shares of the enterprise software provider’s stock valued at $767,000 after buying an additional 69 shares during the last quarter. Finally, Lourd Capital LLC increased its position in shares of Oracle Corp. by 1.2% in the second quarter. Lourd Capital LLC now owns 7,854 shares of the enterprise software provider’s stock valued at $321,000 after buying an additional 92 shares during the last quarter. 56.94% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Oracle Corp. (NYSE:ORCL)

Shares of Oracle Corp. (NYSE:ORCL) traded down 0.89% during trading on Wednesday, reaching $40.19. 14,374,592 shares of the company were exchanged. The company has a 50 day moving average price of $38.88 and a 200-day moving average price of $39.90. The stock has a market capitalization of $165.00 billion, a price-to-earnings ratio of 19.09 and a beta of 1.19. Oracle Corp. has a one year low of $33.13 and a one year high of $42.00.

Oracle Corp. (NYSE:ORCL) last released its earnings results on Thursday, September 15th. The enterprise software provider reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 had revenue of $8.60 billion for the quarter. During the same quarter in the previous year, the firm posted $0.53 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Equities analysts predict that Oracle Corp. will post $2.63 EPS for the current year.

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A number of equities analysts have weighed in on the stock. DA Davidson reaffirmed a “buy” rating and set a $52.00 price target on shares of Oracle Corp. in a research note on Saturday, September 17th. Rosenblatt Securities set a $48.00 price target on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Saturday, September 17th. SunTrust Banks Inc. set a $48.00 price target on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Saturday, September 17th. reaffirmed an “underperform” rating and set a $42.00 price target on shares of Oracle Corp. in a research note on Tuesday, November 8th. Finally, Societe Generale set a $46.00 price target on shares of Oracle Corp. and gave the stock a “buy” rating in a research note on Monday, September 19th. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and twenty-seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $43.85.

In other news, EVP Dorian Daley sold 16,065 shares of the company’s stock in a transaction dated Thursday, September 22nd. The stock was sold at an average price of $39.61, for a total value of $636,334.65. Following the completion of the sale, the executive vice president now directly owns 25,000 shares of the company’s stock, valued at approximately $990,250. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $40.16, for a total value of $150,600.00. Following the completion of the sale, the director now directly owns 8,281 shares of the company’s stock, valued at $332,564.96. The disclosure for this sale can be found here. Company insiders own 29.00% of the company’s stock.

Oracle Corp. Company Profile

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.

5 Day Chart for NYSE:ORCL

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