Achmea Investment Management B.V. Sells 145 Shares of Oracle Co. (NYSE:ORCL)

Achmea Investment Management B.V. lessened its stake in shares of Oracle Co. (NYSE:ORCL) by 0.2% in the 4th quarter, Holdings Channel reports. The firm owned 68,160 shares of the enterprise software provider’s stock after selling 145 shares during the period. Achmea Investment Management B.V.’s holdings in Oracle were worth $11,358,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. R Squared Ltd bought a new position in Oracle during the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC raised its holdings in shares of Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock worth $31,000 after acquiring an additional 87 shares in the last quarter. Synergy Investment Management LLC bought a new position in shares of Oracle during the 4th quarter valued at approximately $34,000. TFC Financial Management Inc. grew its holdings in shares of Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after purchasing an additional 120 shares in the last quarter. Finally, Synergy Asset Management LLC bought a new stake in Oracle in the fourth quarter worth $47,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $185.56, for a total value of $64,050,487.44. Following the transaction, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at $207,565,931.52. The trade was a 23.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 42.20% of the company’s stock.

Oracle Stock Down 2.3 %

Shares of NYSE:ORCL opened at $147.41 on Friday. Oracle Co. has a 52-week low of $112.78 and a 52-week high of $198.31. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The business’s 50 day moving average is $166.14 and its 200 day moving average is $169.34. The stock has a market cap of $412.30 billion, a P/E ratio of 36.04, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.02). Oracle had a net margin of 21.16% and a return on equity of 133.25%. The business had revenue of $14.13 billion during the quarter, compared to the consensus estimate of $14.40 billion. During the same quarter in the prior year, the firm posted $1.41 EPS. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. Sell-side analysts predict that Oracle Co. will post 5 EPS for the current year.

Oracle Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 10th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from Oracle’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.36%. Oracle’s dividend payout ratio (DPR) is currently 39.12%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. UBS Group reiterated a “market perform” rating on shares of Oracle in a research report on Tuesday. Stifel Nicolaus lowered their price target on shares of Oracle from $175.00 to $150.00 and set a “hold” rating for the company in a report on Tuesday. BMO Capital Markets reduced their price objective on Oracle from $205.00 to $175.00 and set a “market perform” rating on the stock in a research note on Tuesday. Mizuho raised their price objective on Oracle from $185.00 to $210.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Finally, Royal Bank of Canada set a $145.00 target price on Oracle and gave the company a “sector perform” rating in a research report on Tuesday. Twelve research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $179.71.

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.