Oracle Co. (NYSE:ORCL) is Stillwater Capital Advisors LLC’s 5th Largest Position

Stillwater Capital Advisors LLC decreased its position in Oracle Co. (NYSE:ORCL) by 8.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 261,378 shares of the enterprise software provider’s stock after selling 24,662 shares during the period. Oracle accounts for about 3.7% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Stillwater Capital Advisors LLC’s holdings in Oracle were worth $14,891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in shares of Oracle by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,351,607 shares of the enterprise software provider’s stock worth $377,074,000 after purchasing an additional 393,223 shares in the last quarter. Nomura Holdings Inc. grew its holdings in shares of Oracle by 9.0% during the 4th quarter. Nomura Holdings Inc. now owns 47,146 shares of the enterprise software provider’s stock worth $2,143,000 after purchasing an additional 3,883 shares in the last quarter. ERTS Wealth Advisors LLC acquired a new stake in shares of Oracle during the 4th quarter worth $36,000. Jump Trading LLC grew its holdings in shares of Oracle by 144.4% during the 4th quarter. Jump Trading LLC now owns 15,576 shares of the enterprise software provider’s stock worth $703,000 after purchasing an additional 9,204 shares in the last quarter. Finally, Optimus Prime Fund Management Co. Ltd. acquired a new stake in shares of Oracle during the 4th quarter worth $4,673,000. Hedge funds and other institutional investors own 54.26% of the company’s stock.

In other news, Director Naomi O. Seligman sold 90,000 shares of Oracle stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $59.52, for a total transaction of $5,356,800.00. Following the sale, the director now directly owns 82,310 shares of the company’s stock, valued at $4,899,091.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dorian Daley sold 100,000 shares of Oracle stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $56.92, for a total value of $5,692,000.00. Following the sale, the executive vice president now directly owns 177,919 shares in the company, valued at $10,127,149.48. The disclosure for this sale can be found here. Insiders have sold 1,356,250 shares of company stock worth $76,913,375 over the last three months. Insiders own 32.00% of the company’s stock.

ORCL has been the topic of several analyst reports. UBS Group reissued a “neutral” rating and set a $54.00 target price on shares of Oracle in a report on Friday, June 14th. Raymond James increased their target price on Oracle from $57.00 to $61.00 and gave the stock an “outperform” rating in a report on Thursday, June 20th. William Blair reissued a “market perform” rating on shares of Oracle in a report on Thursday, June 20th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $53.00 target price on shares of Oracle in a report on Tuesday, June 18th. Finally, Goldman Sachs Group reissued a “buy” rating and set a $58.00 target price on shares of Oracle in a report on Thursday, June 20th. Three investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $54.58.

Shares of ORCL stock traded down $1.73 during mid-day trading on Monday, reaching $54.11. 8,305,968 shares of the stock traded hands, compared to its average volume of 10,684,940. The business has a fifty day moving average price of $57.41. Oracle Co. has a 1-year low of $42.40 and a 1-year high of $60.50. The stock has a market capitalization of $186.27 billion, a P/E ratio of 17.12, a price-to-earnings-growth ratio of 1.63 and a beta of 1.15. The company has a debt-to-equity ratio of 2.31, a quick ratio of 2.49 and a current ratio of 2.49.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Wednesday, June 19th. The enterprise software provider reported $1.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.18. Oracle had a return on equity of 40.95% and a net margin of 28.06%. The firm had revenue of $11.14 billion for the quarter, compared to analyst estimates of $10.93 billion. During the same period last year, the firm posted $0.99 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. Equities research analysts expect that Oracle Co. will post 3.5 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend was Tuesday, July 16th. Oracle’s payout ratio is 30.38%.

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.

Featured Article: What is a CD ladder?

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.