Stokes Capital Advisors LLC Has $639,000 Position in Oracle Co. (NYSE:ORCL)

Stokes Capital Advisors LLC boosted its holdings in shares of Oracle Co. (NYSE:ORCL) by 40.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,835 shares of the enterprise software provider’s stock after buying an additional 1,107 shares during the period. Stokes Capital Advisors LLC’s holdings in Oracle were worth $639,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. State Street Corp grew its holdings in Oracle by 2.7% during the third quarter. State Street Corp now owns 70,441,556 shares of the enterprise software provider’s stock worth $12,003,241,000 after buying an additional 1,847,561 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Oracle by 2.6% during the 3rd quarter. Geode Capital Management LLC now owns 35,194,683 shares of the enterprise software provider’s stock worth $5,977,015,000 after acquiring an additional 885,041 shares during the last quarter. Franklin Resources Inc. grew its position in Oracle by 11.6% in the 3rd quarter. Franklin Resources Inc. now owns 18,480,384 shares of the enterprise software provider’s stock worth $3,370,640,000 after purchasing an additional 1,917,416 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Oracle by 1.8% during the third quarter. Fisher Asset Management LLC now owns 17,898,029 shares of the enterprise software provider’s stock valued at $3,049,824,000 after acquiring an additional 310,709 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Oracle by 0.4% during the 3rd quarter. Janus Henderson Group PLC now owns 14,608,951 shares of the enterprise software provider’s stock valued at $2,489,345,000 after purchasing an additional 54,868 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Stock Performance

Shares of ORCL opened at $161.05 on Monday. Oracle Co. has a 12-month low of $106.51 and a 12-month high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a market cap of $450.44 billion, a PE ratio of 39.38, a price-to-earnings-growth ratio of 3.03 and a beta of 1.06. The stock has a 50-day moving average price of $175.44 and a 200-day moving average price of $161.46.

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

Oracle Dividend Announcement

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

Analyst Upgrades and Downgrades

ORCL has been the topic of several research reports. Evercore ISI lifted their price objective on shares of Oracle from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. JMP Securities reiterated a “market outperform” rating and issued a $205.00 price objective on shares of Oracle in a research note on Tuesday, December 10th. Monness Crespi & Hardt downgraded Oracle from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a research report on Friday, December 20th. Jefferies Financial Group upped their price target on Oracle from $190.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, BNP Paribas raised Oracle to a “strong-buy” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.