Robinson Value Management Ltd. bought a new position in Oracle Corporation (NYSE:ORCL) during the fourth quarter, Holdings Channel reports. The institutional investor bought 30,883 shares of the enterprise software provider’s stock, valued at approximately $1,187,000.

A number of other institutional investors have also recently made changes to their positions in the company. Tesco Pension Investment Ltd acquired a new stake in shares of Oracle Corporation during the third quarter worth $140,937,000. 1832 Asset Management L.P. raised its stake in shares of Oracle Corporation by 698.9% in the third quarter. 1832 Asset Management L.P. now owns 3,851,183 shares of the enterprise software provider’s stock worth $151,263,000 after buying an additional 3,369,107 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Oracle Corporation by 19.8% in the third quarter. Ameriprise Financial Inc. now owns 10,756,548 shares of the enterprise software provider’s stock worth $422,443,000 after buying an additional 1,776,708 shares during the last quarter. Two Sigma Advisers LP raised its stake in shares of Oracle Corporation by 633.3% in the third quarter. Two Sigma Advisers LP now owns 1,921,018 shares of the enterprise software provider’s stock worth $75,458,000 after buying an additional 1,659,042 shares during the last quarter. Finally, First Pacific Advisors LLC raised its stake in shares of Oracle Corporation by 5.9% in the second quarter. First Pacific Advisors LLC now owns 26,667,007 shares of the enterprise software provider’s stock worth $1,091,481,000 after buying an additional 1,486,487 shares during the last quarter. Institutional investors and hedge funds own 57.95% of the company’s stock.

Institutional Ownership by Quarter for Oracle Corporation (NYSE:ORCL)

Shares of Oracle Corporation (NYSE:ORCL) opened at 41.59 on Friday. The firm has a 50 day moving average price of $39.75 and a 200-day moving average price of $39.74. Oracle Corporation has a 52 week low of $35.77 and a 52 week high of $42.00. The firm has a market capitalization of $170.62 billion, a P/E ratio of 19.85 and a beta of 1.14.

Oracle Corporation (NYSE:ORCL) last posted its quarterly earnings results on Thursday, December 15th. The enterprise software provider reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.01. Oracle Corporation had a return on equity of 21.33% and a net margin of 23.69%. The firm had revenue of $9.07 billion for the quarter. During the same quarter last year, the firm earned $0.63 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Equities research analysts predict that Oracle Corporation will post $2.56 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 26th. Investors of record on Thursday, January 5th were paid a $0.15 dividend. The ex-dividend date was Tuesday, January 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.44%. Oracle Corporation’s dividend payout ratio (DPR) is presently 28.99%.

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A number of equities research analysts have recently weighed in on the company. BTIG Research restated a “buy” rating and set a $47.00 price target on shares of Oracle Corporation in a research note on Friday, December 16th. J P Morgan Chase & Co restated a “neutral” rating and set a $38.00 price target on shares of Oracle Corporation in a research note on Friday, December 16th. Wunderlich restated a “hold” rating and set a $43.00 price target on shares of Oracle Corporation in a research note on Friday, December 16th. Credit Suisse Group restated a “neutral” rating on shares of Oracle Corporation in a research note on Thursday, December 22nd. Finally, Zacks Investment Research lowered Oracle Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $44.22.

In related news, Director Naomi O. Seligman sold 45,000 shares of Oracle Corporation stock in a transaction that occurred on Wednesday, December 21st. The stock was sold at an average price of $38.72, for a total value of $1,742,400.00. Following the sale, the director now directly owns 52,654 shares in the company, valued at $2,038,762.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $39.09, for a total value of $146,587.50. Following the completion of the sale, the director now owns 8,281 shares in the company, valued at $323,704.29. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 56,250 shares of company stock worth $2,195,738. Company insiders own 29.00% of the company’s stock.

About Oracle Corporation

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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