Oracle Co. (NYSE:ORCL) Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC increased its holdings in Oracle Co. (NYSE:ORCL) by 29.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,678 shares of the enterprise software provider’s stock after purchasing an additional 29,781 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Oracle were worth $15,682,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ORCL. Fairfield Bush & CO. grew its holdings in shares of Oracle by 3.1% during the first quarter. Fairfield Bush & CO. now owns 73,791 shares of the enterprise software provider’s stock worth $6,105,000 after purchasing an additional 2,221 shares during the last quarter. AMI Investment Management Inc. raised its position in shares of Oracle by 2.9% during the 1st quarter. AMI Investment Management Inc. now owns 20,467 shares of the enterprise software provider’s stock worth $1,693,000 after purchasing an additional 579 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Oracle by 29.2% during the 1st quarter. Baird Financial Group Inc. now owns 588,460 shares of the enterprise software provider’s stock worth $48,686,000 after purchasing an additional 132,920 shares during the last quarter. Zions Bancorporation N.A. raised its position in shares of Oracle by 79.6% during the 1st quarter. Zions Bancorporation N.A. now owns 6,854 shares of the enterprise software provider’s stock worth $567,000 after purchasing an additional 3,038 shares during the last quarter. Finally, Covestor Ltd raised its position in shares of Oracle by 125.2% during the 1st quarter. Covestor Ltd now owns 1,995 shares of the enterprise software provider’s stock worth $165,000 after purchasing an additional 1,109 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Price Performance

Shares of ORCL stock traded up $0.69 during trading on Friday, hitting $115.36. The company had a trading volume of 4,793,121 shares, compared to its average volume of 7,799,024. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 29.72. The stock’s 50-day moving average is $108.95 and its two-hundred day moving average is $111.52. The stock has a market capitalization of $316.01 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 2.92 and a beta of 1.03. Oracle Co. has a 52 week low of $78.06 and a 52 week high of $127.54.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Monday, September 11th. The enterprise software provider reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Oracle had a negative return on equity of 3,631.39% and a net margin of 18.40%. The company had revenue of $12.45 billion during the quarter, compared to analyst estimates of $12.48 billion. During the same quarter last year, the firm posted $0.81 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. As a group, analysts predict that Oracle Co. will post 4.48 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 26th. Stockholders of record on Thursday, October 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, October 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.39%. Oracle’s payout ratio is currently 47.62%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORCL. UBS Group lowered their price objective on shares of Oracle from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Tuesday, September 12th. JPMorgan Chase & Co. lowered shares of Oracle from an “overweight” rating to a “neutral” rating and cut their target price for the company from $112.00 to $100.00 in a research note on Wednesday, September 13th. Evercore ISI upgraded shares of Oracle from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $131.00 to $135.00 in a research report on Monday, October 9th. Piper Sandler reiterated an “overweight” rating and issued a $130.00 price objective on shares of Oracle in a report on Friday, September 22nd. Finally, Berenberg Bank upped their price target on shares of Oracle from $82.50 to $110.00 and gave the company a “hold” rating in a research report on Thursday, September 21st. Eleven equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.23.

Insider Activity

In other Oracle news, Director George H. Conrades sold 2,325 shares of Oracle stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $113.76, for a total value of $264,492.00. Following the sale, the director now owns 17,836 shares of the company’s stock, valued at approximately $2,029,023.36. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 42.80% of the company’s stock.

About Oracle

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.