Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Oracle Corporation (NYSE:ORCL) by 1,150.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,500 shares of the enterprise software provider’s stock after buying an additional 2,300 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings in Oracle Corporation were worth $112,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Quotient Investors LLC increased its stake in shares of Oracle Corporation by 263.2% in the first quarter. Quotient Investors LLC now owns 41,811 shares of the enterprise software provider’s stock worth $1,865,000 after buying an additional 30,300 shares in the last quarter. Gateway Investment Advisers LLC increased its stake in shares of Oracle Corporation by 0.9% in the first quarter. Gateway Investment Advisers LLC now owns 1,867,556 shares of the enterprise software provider’s stock worth $83,312,000 after buying an additional 17,458 shares in the last quarter. Boston Partners increased its stake in shares of Oracle Corporation by 20.1% in the first quarter. Boston Partners now owns 18,234,179 shares of the enterprise software provider’s stock worth $813,427,000 after buying an additional 3,054,765 shares in the last quarter. Macquarie Group Ltd. increased its stake in shares of Oracle Corporation by 16.2% in the fourth quarter. Macquarie Group Ltd. now owns 288,854 shares of the enterprise software provider’s stock worth $11,107,000 after buying an additional 40,221 shares in the last quarter. Finally, Nadler Financial Group Inc. increased its stake in shares of Oracle Corporation by 1.3% in the first quarter. Nadler Financial Group Inc. now owns 32,911 shares of the enterprise software provider’s stock worth $1,468,000 after buying an additional 429 shares in the last quarter. Institutional investors own 58.77% of the company’s stock.

Shares of Oracle Corporation (NYSE:ORCL) opened at 49.96 on Monday. The firm has a market cap of $206.67 billion, a P/E ratio of 22.61 and a beta of 1.06. The firm has a 50 day moving average price of $49.35 and a 200 day moving average price of $44.95. Oracle Corporation has a 1-year low of $37.62 and a 1-year high of $51.85.

Oracle Corporation (NYSE:ORCL) last issued its quarterly earnings results on Wednesday, June 21st. The enterprise software provider reported $0.89 EPS for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.11. The business had revenue of $10.94 billion for the quarter, compared to analysts’ expectations of $10.45 billion. Oracle Corporation had a net margin of 24.74% and a return on equity of 20.90%. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 earnings per share. Analysts anticipate that Oracle Corporation will post $2.96 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 2nd. Stockholders of record on Wednesday, July 19th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, July 17th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.52%. Oracle Corporation’s dividend payout ratio (DPR) is presently 34.55%.

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A number of analysts have commented on ORCL shares. Zacks Investment Research upgraded Oracle Corporation from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Tuesday, May 16th. Jefferies Group LLC reiterated a “buy” rating and issued a $60.00 price objective on shares of Oracle Corporation in a research report on Tuesday, July 25th. Benchmark Co. raised their price objective on Oracle Corporation from $55.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, June 22nd. KeyCorp upgraded Oracle Corporation from a “sector weight” rating to an “overweight” rating and set a $61.00 price objective for the company in a research report on Wednesday, July 5th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $49.00 price objective on shares of Oracle Corporation in a research report on Friday, May 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and thirty-one have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $50.70.

In other news, EVP W Corey West sold 150,000 shares of the stock in a transaction dated Monday, June 26th. The shares were sold at an average price of $51.39, for a total transaction of $7,708,500.00. Following the transaction, the executive vice president now owns 177,988 shares of the company’s stock, valued at approximately $9,146,803.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas Kurian sold 750,000 shares of the stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $50.46, for a total transaction of $37,845,000.00. Following the transaction, the insider now directly owns 783,533 shares in the company, valued at approximately $39,537,075.18. The disclosure for this sale can be found here. Insiders have sold a total of 1,817,500 shares of company stock worth $91,547,388 in the last three months. Insiders own 29.00% of the company’s stock.

Oracle Corporation 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.

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

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