Boston Common Asset Management LLC Acquires 386 Shares of Oracle Co. (NYSE:ORCL)

Boston Common Asset Management LLC lifted its holdings in shares of Oracle Co. (NYSE:ORCL) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,716 shares of the enterprise software provider’s stock after purchasing an additional 386 shares during the period. Boston Common Asset Management LLC’s holdings in Oracle were worth $4,119,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ORCL. International Assets Investment Management LLC grew its holdings in shares of Oracle by 16,023.4% during the third quarter. International Assets Investment Management LLC now owns 2,065,083 shares of the enterprise software provider’s stock worth $351,890,000 after purchasing an additional 2,052,275 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Oracle by 11.6% in the third quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider’s stock valued at $3,370,640,000 after acquiring an additional 1,917,416 shares during the last quarter. State Street Corp boosted its holdings in Oracle by 2.7% in the third quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider’s stock valued at $12,003,241,000 after acquiring an additional 1,847,561 shares during the last quarter. Altshuler Shaham Ltd boosted its holdings in Oracle by 5,853.1% in the second quarter. Altshuler Shaham Ltd now owns 1,552,580 shares of the enterprise software provider’s stock valued at $219,224,000 after acquiring an additional 1,526,500 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Oracle by 2.6% in the third quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider’s stock valued at $5,977,015,000 after acquiring an additional 885,041 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Up 0.9 %

ORCL stock opened at $161.05 on Friday. 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 has a 50 day moving average price of $176.00 and a two-hundred day moving average price of $161.21. The company has a market cap of $450.44 billion, a price-to-earnings ratio of 39.38, a P/E/G ratio of 3.03 and a beta of 1.06. Oracle Co. has a twelve month low of $106.51 and a twelve month high of $198.31.

Oracle (NYSE:ORCL) last issued its earnings results on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.06 billion for the quarter, compared to the consensus estimate of $14.12 billion. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The business’s revenue was up 8.6% compared to the same quarter last year. Analysts anticipate that Oracle Co. will post 5.01 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 annualized dividend and a dividend yield of 0.99%. Oracle’s dividend payout ratio is currently 39.12%.

Analysts Set New Price Targets

ORCL has been the topic of several recent research reports. Sanford C. Bernstein raised their price target on Oracle from $201.00 to $202.00 and gave the company an “outperform” rating in a report on Monday, September 30th. UBS Group raised their price target on Oracle from $200.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. StockNews.com upgraded Oracle from a “hold” rating to a “buy” rating in a report on Thursday. BNP Paribas upgraded Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. Finally, Evercore ISI raised their price target on Oracle from $190.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.73.

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.