Oracle Co. (ORCL) Shares Bought by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in shares of Oracle Co. (NYSE:ORCL) by 81.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,175 shares of the enterprise software provider’s stock after purchasing an additional 7,699 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Oracle were worth $886,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Cpwm LLC increased its holdings in shares of Oracle by 6.5% during the 2nd quarter. Cpwm LLC now owns 17,240 shares of the enterprise software provider’s stock worth $760,000 after buying an additional 1,050 shares during the last quarter. Quadrant Private Wealth Management LLC increased its holdings in shares of Oracle by 0.9% during the 2nd quarter. Quadrant Private Wealth Management LLC now owns 126,926 shares of the enterprise software provider’s stock worth $5,592,000 after buying an additional 1,072 shares during the last quarter. Willow Creek Wealth Management Inc. increased its holdings in shares of Oracle by 15.6% during the 2nd quarter. Willow Creek Wealth Management Inc. now owns 8,051 shares of the enterprise software provider’s stock worth $355,000 after buying an additional 1,084 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Oracle by 7.8% during the 2nd quarter. Global Retirement Partners LLC now owns 15,585 shares of the enterprise software provider’s stock worth $687,000 after buying an additional 1,122 shares during the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of Oracle by 4.2% during the 2nd quarter. Brighton Jones LLC now owns 28,125 shares of the enterprise software provider’s stock worth $1,239,000 after buying an additional 1,128 shares during the last quarter. Hedge funds and other institutional investors own 53.43% of the company’s stock.

In other Oracle news, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $47.77, for a total value of $179,137.50. Following the completion of the transaction, the director now owns 27,969 shares of the company’s stock, valued at approximately $1,336,079.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Naomi O. Seligman sold 45,000 shares of the firm’s stock in a transaction that occurred on Monday, July 16th. The shares were sold at an average price of $48.09, for a total transaction of $2,164,050.00. Following the completion of the transaction, the director now directly owns 27,969 shares of the company’s stock, valued at approximately $1,345,029.21. The disclosure for this sale can be found here. Insiders sold a total of 184,196 shares of company stock valued at $9,235,790 in the last three months. 32.00% of the stock is currently owned by corporate insiders.

A number of equities analysts recently weighed in on ORCL shares. Zacks Investment Research raised shares of Oracle from a “sell” rating to a “hold” rating in a research report on Friday, September 21st. KeyCorp reaffirmed a “hold” rating on shares of Oracle in a research report on Wednesday, September 12th. Goldman Sachs Group reaffirmed a “buy” rating and set a $55.00 price objective on shares of Oracle in a research report on Tuesday, September 18th. Credit Suisse Group reaffirmed a “buy” rating and set a $60.00 price objective on shares of Oracle in a research report on Tuesday, September 18th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $49.00 price objective (down previously from $50.00) on shares of Oracle in a research report on Tuesday, September 18th. Sixteen equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Oracle currently has an average rating of “Buy” and a consensus target price of $53.92.

Shares of ORCL stock opened at $47.38 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 3.43 and a quick ratio of 3.43. Oracle Co. has a 52 week low of $42.57 and a 52 week high of $53.48. The company has a market capitalization of $213.44 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.72 and a beta of 1.14.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Monday, September 17th. The enterprise software provider reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.03. Oracle had a net margin of 9.74% and a return on equity of 25.60%. The company had revenue of $9.20 billion during the quarter, compared to analysts’ expectations of $9.26 billion. During the same quarter last year, the company posted $0.62 EPS. The firm’s revenue was up .8% compared to the same quarter last year. As a group, equities analysts forecast that Oracle Co. will post 3.07 EPS for the current fiscal year.

Oracle announced that its Board of Directors has authorized a share buyback plan on Monday, September 17th that permits the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization permits the enterprise software provider to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 30th. Shareholders of record on Tuesday, October 16th will be given a $0.19 dividend. The ex-dividend date of this dividend is Monday, October 15th. This represents a $0.76 annualized dividend and a yield of 1.60%. Oracle’s dividend payout ratio is presently 26.95%.

About Oracle

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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