Exencial Wealth Advisors LLC Has $13.02 Million Stock Position in Oracle Co. (NYSE:ORCL)

Exencial Wealth Advisors LLC decreased its stake in Oracle Co. (NYSE:ORCLGet Rating) by 23.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 149,250 shares of the enterprise software provider’s stock after selling 45,754 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Oracle were worth $13,016,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in ORCL. Bellwether Advisors LLC boosted its position in shares of Oracle by 115.6% in the 3rd quarter. Bellwether Advisors LLC now owns 291 shares of the enterprise software provider’s stock valued at $25,000 after purchasing an additional 156 shares during the period. Level Financial Advisors Inc. acquired a new position in shares of Oracle in the 4th quarter valued at $28,000. Evolution Advisers Inc. acquired a new position in shares of Oracle in the 4th quarter valued at $33,000. Outfitter Financial LLC acquired a new position in shares of Oracle in the 4th quarter valued at $43,000. Finally, PSI Advisors LLC acquired a new stake in Oracle during the 3rd quarter worth about $44,000. Institutional investors and hedge funds own 42.33% of the company’s stock.

Shares of ORCL stock traded up $0.44 during trading on Friday, reaching $71.17. The company had a trading volume of 6,700,124 shares, compared to its average volume of 6,576,138. The firm’s 50 day simple moving average is $78.25 and its two-hundred day simple moving average is $84.37. Oracle Co. has a one year low of $68.97 and a one year high of $106.34. The company has a market capitalization of $189.89 billion, a PE ratio of 27.27, a PEG ratio of 2.22 and a beta of 0.87.

Oracle (NYSE:ORCLGet Rating) last issued its quarterly earnings results on Thursday, March 10th. The enterprise software provider reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.06). The business had revenue of $10.51 billion for the quarter, compared to analyst estimates of $10.51 billion. Oracle had a negative return on equity of 383.80% and a net margin of 18.08%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.03 earnings per share. As a group, sell-side analysts anticipate that Oracle Co. will post 4.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 21st. Shareholders of record on Friday, April 8th were given a $0.32 dividend. The ex-dividend date was Thursday, April 7th. This represents a $1.28 annualized dividend and a yield of 1.80%. Oracle’s dividend payout ratio is 49.04%.

ORCL has been the subject of a number of research reports. BMO Capital Markets decreased their price objective on Oracle from $115.00 to $92.00 and set a “market perform” rating for the company in a research report on Friday, March 11th. Cowen decreased their price objective on Oracle from $115.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, March 9th. Jefferies Financial Group set a $80.00 price objective on Oracle in a research report on Tuesday, March 15th. Wolfe Research decreased their price objective on Oracle from $105.00 to $83.00 in a research report on Friday, March 11th. Finally, StockNews.com assumed coverage on Oracle in a research report on Thursday, March 31st. They set a “buy” rating for the company. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $93.09.

In other news, Director Renee Jo James sold 6,000 shares of the company’s stock in a transaction dated Monday, April 4th. The shares were sold at an average price of $84.11, for a total transaction of $504,660.00. Following the completion of the transaction, the director now owns 41,886 shares of the company’s stock, valued at $3,523,031.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 39.10% of the company’s stock.

Oracle Profile (Get Rating)

Oracle Corporation provides 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 Fusion cloud advertising and customer experience, and NetSuite applications suite.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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