Oppenheimer & Co. Inc. boosted its position in shares of Oracle Corporation (NYSE:ORCL) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,733 shares of the enterprise software provider’s stock after acquiring an additional 1,252 shares during the period. Oppenheimer & Co. Inc.’s holdings in Oracle Corporation were worth $6,956,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ORCL. Schwab Charles Investment Management Inc. lifted its position in Oracle Corporation by 4.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 10,159,207 shares of the enterprise software provider’s stock valued at $509,383,000 after purchasing an additional 450,836 shares during the last quarter. Partnervest Advisory Services LLC lifted its position in Oracle Corporation by 0.6% during the second quarter. Partnervest Advisory Services LLC now owns 6,731 shares of the enterprise software provider’s stock valued at $337,000 after purchasing an additional 39 shares during the last quarter. Lockheed Martin Investment Management Co. lifted its position in Oracle Corporation by 125.6% during the second quarter. Lockheed Martin Investment Management Co. now owns 166,160 shares of the enterprise software provider’s stock valued at $8,331,000 after purchasing an additional 92,500 shares during the last quarter. Pinnacle Financial Partners Inc. lifted its position in Oracle Corporation by 8.9% during the second quarter. Pinnacle Financial Partners Inc. now owns 113,707 shares of the enterprise software provider’s stock valued at $5,701,000 after purchasing an additional 9,328 shares during the last quarter. Finally, LGT Capital Partners LTD. lifted its position in Oracle Corporation by 14.0% during the second quarter. LGT Capital Partners LTD. now owns 623,463 shares of the enterprise software provider’s stock valued at $31,260,000 after purchasing an additional 76,653 shares during the last quarter. 58.09% of the stock is owned by institutional investors.

Oracle Corporation (ORCL) opened at $49.02 on Tuesday. Oracle Corporation has a one year low of $37.64 and a one year high of $53.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.61 and a current ratio of 3.63. The stock has a market cap of $204,580.00, a PE ratio of 19.19, a price-to-earnings-growth ratio of 1.86 and a beta of 1.07.

Oracle Corporation (NYSE:ORCL) last issued its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.02. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. The firm had revenue of $9.21 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter in the prior year, the business earned $0.55 EPS. The business’s quarterly revenue was up 7.0% on a year-over-year basis. equities research analysts forecast that Oracle Corporation will post 2.68 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Wednesday, October 11th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.55%. The ex-dividend date was Tuesday, October 10th. Oracle Corporation’s dividend payout ratio (DPR) is presently 33.19%.

Several equities research analysts have issued reports on ORCL shares. Jefferies Group LLC reiterated a “buy” rating and set a $60.00 target price on shares of Oracle Corporation in a research report on Tuesday, July 25th. Stifel Nicolaus reiterated a “buy” rating and set a $52.00 target price on shares of Oracle Corporation in a research report on Tuesday, July 25th. BidaskClub lowered shares of Oracle Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research lowered shares of Oracle Corporation from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $53.00 price objective on shares of Oracle Corporation in a report on Sunday, August 27th. Eleven research analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the stock. Oracle Corporation currently has an average rating of “Buy” and a consensus target price of $54.85.

In other news, Director Jeffrey Berg sold 45,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $48.03, for a total value of $2,161,350.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $50.35, for a total transaction of $188,812.50. Following the completion of the transaction, the director now owns 18,125 shares in the company, valued at approximately $912,593.75. The disclosure for this sale can be found here. Insiders sold a total of 305,776 shares of company stock worth $14,821,999 in the last quarter. Company insiders own 29.00% of the company’s stock.

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Oracle Corporation 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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