Valmark Advisers Inc. Has $418,000 Stock Holdings in Oracle Co. (NYSE:ORCL)

Valmark Advisers Inc. grew its stake in Oracle Co. (NYSE:ORCL) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,967 shares of the enterprise software provider’s stock after buying an additional 110 shares during the period. Valmark Advisers Inc.’s holdings in Oracle were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in ORCL. Orion Capital Management LLC acquired a new stake in Oracle during the third quarter worth approximately $25,000. Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Oracle by 298.4% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 243 shares of the enterprise software provider’s stock valued at $26,000 after purchasing an additional 182 shares in the last quarter. Spartan Planning & Wealth Management bought a new position in shares of Oracle in the third quarter valued at approximately $27,000. Cornerstone Planning Group LLC lifted its holdings in Oracle by 1,268.0% during the third quarter. Cornerstone Planning Group LLC now owns 342 shares of the enterprise software provider’s stock worth $36,000 after acquiring an additional 317 shares during the period. Finally, BOK Financial Private Wealth Inc. lifted its holdings in Oracle by 139.4% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 371 shares of the enterprise software provider’s stock worth $39,000 after acquiring an additional 216 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Piper Sandler dropped their price target on Oracle from $125.00 to $122.00 and set an “overweight” rating on the stock in a report on Tuesday, January 2nd. Argus raised Oracle from a “hold” rating to a “buy” rating in a research report on Thursday, March 14th. Oppenheimer initiated coverage on Oracle in a research report on Thursday, April 18th. They issued a “market perform” rating for the company. KeyCorp initiated coverage on Oracle in a research report on Thursday, March 21st. They issued an “overweight” rating and a $150.00 target price for the company. Finally, William Blair upgraded Oracle from a “market perform” rating to an “outperform” rating in a research report on Tuesday, March 12th. Ten research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $130.76.

Insider Transactions at Oracle

In related news, CEO Safra Catz sold 790,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $126.54, for a total value of $99,966,600.00. Following the transaction, the chief executive officer now directly owns 1,118,592 shares of the company’s stock, valued at approximately $141,546,631.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 42.80% of the company’s stock.

Oracle Stock Up 2.0 %

ORCL stock opened at $117.21 on Monday. Oracle Co. has a fifty-two week low of $93.29 and a fifty-two week high of $132.77. The business’s 50 day moving average price is $119.42 and its two-hundred day moving average price is $113.16. The company has a debt-to-equity ratio of 13.34, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $322.15 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 2.35 and a beta of 1.01.

Oracle (NYSE:ORCL) last posted its earnings results on Monday, March 11th. The enterprise software provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. Oracle had a return on equity of 336.11% and a net margin of 20.27%. The firm had revenue of $13.28 billion for the quarter, compared to the consensus estimate of $13.29 billion. During the same quarter in the prior year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, analysts forecast that Oracle Co. will post 4.44 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th were given a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.37%. Oracle’s dividend payout ratio is currently 42.22%.

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.