Moreover, Essex Investment Management Co Llc has 0.01% invested in the company for 13,506 shares. Arga Investment Mgmt LP invested 0.57% in Oracle Corporation (NYSE:ORCL). 111,310 were reported by Verity & Verity Ltd Llc.
In the transaction dated Jul. 05, 2017, the great number of shares disposed came courtesy the Director; Chizen Bruce R disposed a total of 206,250 shares at an average price of $49.75, amounting to approximately $10,260,938. Davenport & Ltd invested in 0.09% or 93,233 shares. Ltd. now owns 2,500 shares of the enterprise software provider's stock valued at $112,000 after buying an additional 2,300 shares during the period. The Markston International Llc holds 293,968 shares with $11.30 million value, down from 305,097 last quarter. It also upped Abbott Labs (NYSE:ABT) stake by 27,135 shares and now owns 347,165 shares. Lord Abbett has an ownership of 2,161,149 stocks of the enterprise software provider's shares valued at $108,360,000 after scooping up an extra 456,231 shares through out the previous quarter, Farmers National Bank raised its position in Oracle Corporation by 8.9% in the Fiscal Q2. Harris Associates L P now owns 41,561,715 shares of the enterprise software provider's stock valued at $1,854,068,000 after buying an additional 156,122 shares in the last quarter. 1832 Asset Ltd Partnership holds 0.56% or 3.88M shares in its portfolio. The Clifford Swan Investment Counsel Llc holds 490,313 shares with $18.85 million value, down from 512,968 last quarter.
Analysts expect Oracle Corporation (NYSE:ORCL) to report $0.55 EPS on September, 21.They anticipate $0.06 EPS change or 12.24% from last quarter's $0.49 EPS.
Multiple company employees have indulged in significant insider trading.
Oracle Corporation has a 52 week low of $37.62 and a 52 week high of $51.85 with a P/E ratio of 22.28 The company's market cap is now $0. The stock stands almost $6.48 off versus the 52-week high of $55.48 and $21.11 above the 52-week low of $27.89. The company has a 50 day moving average price of $49.77 and a 200-day moving average price of $46.03.
Oracle Corporation (ORCL) has an annual dividend of $0.76, while its annual dividend yield is 1.54%. Oregon-based Peregrine Asset Advisers has invested 0.15% in Oracle Corporation (NYSE:ORCL). The business had revenue of $10.94 billion during the quarter, compared to the consensus estimate of $10.45 billion. Oracle Corporation had a return on equity of 20.90% and a net margin of 24.74%. Oracle Corporation's revenue was up 3.3% on a year-over-year basis. The enterprise software provider reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.78 by $0.11.
06/26/2017 - Oracle Corporation had its "overweight" rating reiterated by analysts at Mitsubishi UFJ.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 2nd. Shareholders of record on Wednesday, July 19th were given a dividend of $0.19 per share. Its up 0.23, from 1.56 in 2016Q3. The ex-dividend date of this dividend was Monday, July 17th. Oracle Corporation's dividend payout ratio is presently 34.55%.
Sell-side analyst recommendations point to a short term price target of $54.92 on the shares of Oracle Corporation (ORCL). If you are reading this report on another publication, it was illegally copied and republished in violation of United States and global trademark & copyright legislation.
Several other research analysts also recently commented on the company. Stifel Nicolaus reiterated a buy rating and issued a $52.00 price objective on shares of Oracle Corporation in a report on Tuesday, July 25th. The stock has "Outperform" rating by BMO Capital Markets on Thursday, March 16. The stock of Oracle Corporation (NYSE:ORCL) has "Outperform" rating given on Thursday, June 22 by BMO Capital Markets. The firm has "Mkt Perform" rating given on Thursday, November 5 by FBR Capital. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and thirty have assigned a buy rating to the company. The rating was maintained by Macquarie Research on Tuesday, June 20 with "Buy". The stock was sold at an average price of $44.57, for a total transaction of $167,137.50. Prentiss Smith & Commerce Inc owns 11,080 shares. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The company was maintained on Thursday, June 8 by Jefferies. Price Target plays a critical role when it comes to the analysis of a Stock. Following the sale, the executive vice president now owns 130,977 shares in the company, valued at $6,671,968.38. The disclosure for this sale can be found here. As per Monday, May 29, the company rating was maintained by Canaccord Genuity.
Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking services and products to individual, corporate and institutional clients. The Company's businesses include cloud and on-premise software, hardware and services. The Company's cloud and on-premise software business consists of three divisions, 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.