Sii Investments Inc. WI boosted its position in shares of Oracle Corporation (NYSE:ORCL) by 9.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 109,980 shares of the enterprise software provider’s stock after buying an additional 9,927 shares during the period. Sii Investments Inc. WI’s holdings in Oracle Corporation were worth $4,907,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ORCL. West Oak Capital LLC boosted its position in shares of Oracle Corporation by 4.7% in the first quarter. West Oak Capital LLC now owns 40,405 shares of the enterprise software provider’s stock worth $1,802,000 after buying an additional 1,820 shares during the period. Atlas Brown Inc. boosted its position in shares of Oracle Corporation by 3.6% in the first quarter. Atlas Brown Inc. now owns 27,427 shares of the enterprise software provider’s stock worth $1,224,000 after buying an additional 950 shares during the period. Swarthmore Group Inc. boosted its position in shares of Oracle Corporation by 4,112.8% in the first quarter. Swarthmore Group Inc. now owns 379,150 shares of the enterprise software provider’s stock worth $16,914,000 after buying an additional 370,150 shares during the period. Chevy Chase Trust Holdings Inc. boosted its position in shares of Oracle Corporation by 3.0% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 2,673,094 shares of the enterprise software provider’s stock worth $119,243,000 after buying an additional 76,982 shares during the period. Finally, Bonness Enterprises Inc. purchased a new position in shares of Oracle Corporation during the first quarter worth about $1,816,000. 58.77% of the stock is currently owned by institutional investors and hedge funds.

Shares of Oracle Corporation (NYSE:ORCL) traded up 0.29% during midday trading on Friday, reaching $48.24. 11,704,784 shares of the company’s stock were exchanged. Oracle Corporation has a 12-month low of $37.62 and a 12-month high of $51.85. The firm has a 50-day moving average of $50.10 and a 200-day moving average of $45.40. The stock has a market capitalization of $199.55 billion, a P/E ratio of 21.83 and a beta of 1.06.

Oracle Corporation (NYSE:ORCL) last issued its earnings results on Wednesday, June 21st. The enterprise software provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.11. The business had revenue of $10.94 billion during 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 revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 earnings per share. Analysts anticipate that Oracle Corporation will post $2.96 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 2nd. Shareholders of record on Wednesday, July 19th were issued a $0.19 dividend. The ex-dividend date was Monday, July 17th. This represents a $0.76 annualized dividend and a yield of 1.58%. Oracle Corporation’s dividend payout ratio (DPR) is presently 34.55%.

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A number of brokerages recently issued reports on ORCL. Stifel Nicolaus reissued a “buy” rating and issued a $52.00 price objective on shares of Oracle Corporation in a research note on Tuesday, July 25th. Pacific Crest reissued an “equal weight” rating on shares of Oracle Corporation in a research note on Friday, June 23rd. MKM Partners reissued a “neutral” rating and issued a $48.00 price objective (up from $45.00) on shares of Oracle Corporation in a research note on Friday, June 23rd. Mitsubishi UFJ Financial Group set a $63.00 price objective on shares of Oracle Corporation and gave the company a “buy” rating in a research note on Monday, June 26th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $60.00 target price on shares of Oracle Corporation in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirty have assigned a buy rating to the company. Oracle Corporation presently has a consensus rating of “Buy” and a consensus target price of $50.70.

In other Oracle Corporation news, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $44.57, for a total value of $167,137.50. Following the completion of the transaction, the director now directly owns 18,125 shares of the company’s stock, valued at $807,831.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael J. Boskin sold 150,000 shares of Oracle Corporation stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of $50.69, for a total transaction of $7,603,500.00. Following the completion of the transaction, the director now directly owns 99,454 shares of the company’s stock, valued at $5,041,323.26. The disclosure for this sale can be found here. Insiders sold 1,817,500 shares of company stock valued at $91,547,388 over the last ninety days. Corporate 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.

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

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