Cozad Asset Management Inc. Has $1.11 Million Stake in Oracle Co. (NYSE:ORCL)

Cozad Asset Management Inc. lifted its stake in shares of Oracle Co. (NYSE:ORCL) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,535 shares of the enterprise software provider’s stock after buying an additional 108 shares during the quarter. Cozad Asset Management Inc.’s holdings in Oracle were worth $1,111,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Orion Capital Management LLC bought a new position in shares of Oracle in the 3rd quarter worth $25,000. Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Oracle by 298.4% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 243 shares of the enterprise software provider’s stock worth $26,000 after purchasing an additional 182 shares in the last quarter. Spartan Planning & Wealth Management bought a new position in shares of Oracle in the 3rd quarter worth $27,000. Cornerstone Planning Group LLC lifted its holdings in shares of Oracle by 1,268.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 342 shares of the enterprise software provider’s stock worth $36,000 after purchasing an additional 317 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. lifted its holdings in shares of Oracle by 139.4% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 371 shares of the enterprise software provider’s stock worth $39,000 after purchasing an additional 216 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity

In other news, CEO Safra Catz sold 790,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at $141,546,631.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 42.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. BMO Capital Markets raised their price objective on Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, March 12th. William Blair upgraded Oracle from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 12th. The Goldman Sachs Group lifted their price objective on Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, March 13th. StockNews.com raised Oracle from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Finally, Piper Sandler decreased their price objective on Oracle from $125.00 to $122.00 and set an “overweight” rating for the company in a report on Tuesday, January 2nd. Ten investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $130.76.

Oracle Stock Performance

Shares of ORCL stock opened at $113.75 on Wednesday. The company has a debt-to-equity ratio of 13.34, a quick ratio of 0.85 and a current ratio of 0.85. Oracle Co. has a fifty-two week low of $93.85 and a fifty-two week high of $132.77. The stock has a 50 day moving average price of $119.63 and a two-hundred day moving average price of $113.25. The company has a market capitalization of $312.64 billion, a P/E ratio of 30.01, a PEG ratio of 2.34 and a beta of 1.01.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.04. Oracle had a return on equity of 336.11% and a net margin of 20.27%. The firm had revenue of $13.28 billion during the quarter, compared to the consensus estimate of $13.29 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. Analysts expect that Oracle Co. will post 4.44 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, April 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.41%. Oracle’s dividend payout ratio (DPR) is presently 42.22%.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.