8,353 Shares in Oracle Corporation (ORCL) Purchased by Marshall Wace LLP

Marshall Wace LLP bought a new position in shares of Oracle Corporation (NYSE:ORCL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,353 shares of the enterprise software provider’s stock, valued at approximately $418,000.

Several other large investors have also modified their holdings of the business. Alpha Windward LLC grew its position in shares of Oracle Corporation by 0.3% during the second quarter. Alpha Windward LLC now owns 5,568 shares of the enterprise software provider’s stock worth $279,000 after acquiring an additional 19 shares during the last quarter. Joel Isaacson & Co. LLC grew its position in shares of Oracle Corporation by 0.3% during the second quarter. Joel Isaacson & Co. LLC now owns 8,197 shares of the enterprise software provider’s stock worth $411,000 after acquiring an additional 24 shares during the last quarter. Partnervest Advisory Services LLC grew its position in shares of 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 worth $337,000 after acquiring an additional 39 shares during the last quarter. Pointe Capital Management LLC grew its position in shares of Oracle Corporation by 0.4% during the first quarter. Pointe Capital Management LLC now owns 11,739 shares of the enterprise software provider’s stock worth $524,000 after acquiring an additional 45 shares during the last quarter. Finally, Bell Bank grew its position in shares of Oracle Corporation by 0.9% during the first quarter. Bell Bank now owns 6,079 shares of the enterprise software provider’s stock worth $271,000 after acquiring an additional 57 shares during the last quarter. 57.95% of the stock is currently owned by institutional investors.

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Several research firms have recently commented on ORCL. UBS AG restated a “buy” rating and set a $57.00 price target (up previously from $52.00) on shares of Oracle Corporation in a research report on Friday, September 15th. Barclays PLC upped their price target on shares of Oracle Corporation from $55.00 to $59.00 and gave the stock an “overweight” rating in a research report on Friday, September 15th. J P Morgan Chase & Co set a $55.00 price target on shares of Oracle Corporation and gave the stock a “buy” rating in a research report on Friday, September 15th. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Oracle Corporation in a research report on Friday, September 15th. Finally, Jefferies Group LLC increased their target price on shares of Oracle Corporation from $60.00 to $61.00 and gave the company a “buy” rating in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $53.73.

Shares of Oracle Corporation (NYSE ORCL) opened at $50.18 on Friday. The stock has a market cap of $209,425.52, a price-to-earnings ratio of 19.68, a PEG ratio of 1.91 and a beta of 1.07. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.63 and a quick ratio of 3.61. Oracle Corporation has a 52 week low of $37.64 and a 52 week high of $53.14.

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

The business 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. The ex-dividend date of this dividend was Tuesday, October 10th. This represents a $0.76 annualized dividend and a dividend yield of 1.51%. Oracle Corporation’s payout ratio is 33.19%.

In other news, EVP Dorian Daley sold 25,776 shares of the firm’s stock in a transaction on Thursday, September 21st. The shares were sold at an average price of $48.05, for a total value of $1,238,536.80. Following the sale, the executive vice president now owns 30,977 shares in the company, valued at $1,488,444.85. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction 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 sale, 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. In the last 90 days, insiders sold 305,776 shares of company stock worth $14,822,112. 29.00% of the stock is currently owned by corporate insiders.

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.

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

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