Yousif Capital Management LLC Has $24.78 Million Holdings in Oracle Co. (NYSE:ORCL)

Yousif Capital Management LLC lifted its position in Oracle Co. (NYSE:ORCL) by 0.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 235,005 shares of the enterprise software provider’s stock after acquiring an additional 107 shares during the period. Yousif Capital Management LLC’s holdings in Oracle were worth $24,777,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Oracle by 5.7% in the third quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock valued at $15,599,200,000 after buying an additional 7,883,515 shares during the last quarter. Northern Trust Corp lifted its holdings in Oracle by 3.5% during the 3rd quarter. Northern Trust Corp now owns 18,718,180 shares of the enterprise software provider’s stock valued at $1,982,630,000 after purchasing an additional 635,994 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Oracle by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 11,704,523 shares of the enterprise software provider’s stock worth $1,211,307,000 after purchasing an additional 61,604 shares during the period. Invesco Ltd. raised its position in shares of Oracle by 1.1% in the third quarter. Invesco Ltd. now owns 8,471,884 shares of the enterprise software provider’s stock valued at $897,342,000 after purchasing an additional 89,876 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of Oracle by 9,299.3% during the 3rd quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider’s stock worth $865,472,000 after buying an additional 8,084,067 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ORCL shares. StockNews.com cut Oracle from a “buy” rating to a “hold” rating in a report on Thursday, March 21st. The Goldman Sachs Group boosted their price target on Oracle from $115.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. BMO Capital Markets increased their price objective on Oracle from $126.00 to $142.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 12th. HSBC boosted their target price on shares of Oracle from $144.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th. Finally, KeyCorp initiated coverage on shares of Oracle in a research note on Thursday, March 21st. They issued an “overweight” rating and a $150.00 price objective for the company. Eleven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $130.76.

Oracle Price Performance

NYSE ORCL traded up $0.54 during trading on Tuesday, hitting $115.07. 5,491,654 shares of the company’s stock were exchanged, compared to its average volume of 8,535,559. The company has a market cap of $316.27 billion, a PE ratio of 30.36, a P/E/G ratio of 2.30 and a beta of 1.01. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 13.34. Oracle Co. has a fifty-two week low of $93.29 and a fifty-two week high of $132.77. The stock’s 50 day moving average price is $119.23 and its two-hundred day moving average price is $113.03.

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

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Tuesday, April 9th. Oracle’s payout ratio is currently 42.22%.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 790,000 shares of the stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the completion of the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at $141,546,631.68. The transaction was disclosed in a filing with the SEC, which is available at this link. 42.80% of the stock is owned by company insiders.

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.