Nwam LLC Purchases 543 Shares of Oracle Co. (ORCL)

Nwam LLC raised its position in Oracle Co. (NYSE:ORCL) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,089 shares of the enterprise software provider’s stock after acquiring an additional 543 shares during the quarter. Nwam LLC’s holdings in Oracle were worth $546,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Carnick & Kubik Group LLC acquired a new stake in shares of Oracle during the fourth quarter worth approximately $2,450,000. Mondrian Capital Management LLC acquired a new stake in shares of Oracle during the fourth quarter worth approximately $45,000. Cobblestone Capital Advisors LLC NY grew its position in shares of Oracle by 19.3% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 24,669 shares of the enterprise software provider’s stock worth $1,114,000 after buying an additional 3,996 shares in the last quarter. Trust Co. of Vermont grew its position in shares of Oracle by 10.9% during the fourth quarter. Trust Co. of Vermont now owns 54,368 shares of the enterprise software provider’s stock worth $2,455,000 after buying an additional 5,341 shares in the last quarter. Finally, First Personal Financial Services grew its position in shares of Oracle by 6.8% during the fourth quarter. First Personal Financial Services now owns 89,176 shares of the enterprise software provider’s stock worth $4,026,000 after buying an additional 5,709 shares in the last quarter. 51.07% of the stock is owned by institutional investors.

Several equities analysts recently issued reports on the company. Nomura set a $53.00 price objective on Oracle and gave the stock a “buy” rating in a research note on Wednesday, December 12th. Rosenblatt Securities restated a “hold” rating and set a $51.00 price objective on shares of Oracle in a research note on Tuesday, October 30th. Barclays cut Oracle from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $60.00 to $55.00 in a research note on Wednesday, January 9th. UBS Group restated a “neutral” rating and set a $51.00 price objective on shares of Oracle in a research note on Tuesday, December 18th. Finally, Atlantic Securities assumed coverage on Oracle in a research note on Wednesday, January 9th. They set an “underweight” rating and a $45.00 price objective on the stock. One research analyst has rated the stock with a sell rating, nineteen have issued a hold rating and eleven have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $52.56.

In related news, EVP Dorian Daley sold 25,000 shares of Oracle stock in a transaction dated Thursday, December 27th. The stock was sold at an average price of $45.00, for a total transaction of $1,125,000.00. Following the transaction, the executive vice president now directly owns 102,919 shares of the company’s stock, valued at $4,631,355. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $50.01, for a total value of $187,537.50. Following the transaction, the director now directly owns 27,969 shares in the company, valued at $1,398,729.69. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 42,552 shares of company stock worth $1,939,861. 32.00% of the stock is owned by corporate insiders.

Shares of NYSE ORCL opened at $51.22 on Wednesday. Oracle Co. has a fifty-two week low of $42.40 and a fifty-two week high of $53.48. The company has a current ratio of 2.80, a quick ratio of 2.80 and a debt-to-equity ratio of 1.66. The stock has a market cap of $211.24 billion, a P/E ratio of 18.16, a P/E/G ratio of 1.70 and a beta of 1.09.

Oracle (NYSE:ORCL) last released its earnings results on Monday, December 17th. The enterprise software provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.10. The firm had revenue of $9.57 billion for the quarter, compared to analyst estimates of $9.52 billion. Oracle had a return on equity of 29.93% and a net margin of 10.01%. Oracle’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.70 earnings per share. As a group, analysts predict that Oracle Co. will post 3.07 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 30th. Investors of record on Wednesday, January 16th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend was Tuesday, January 15th. Oracle’s payout ratio is currently 26.95%.

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Oracle Company Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

Read More: Penny Stocks, What You Need To Know

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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