Nadler Financial Group Inc. Has $1.72 Million Stake in Oracle Co. (NYSE:ORCL)

Nadler Financial Group Inc. lowered its holdings in Oracle Co. (NYSE:ORCL) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,311 shares of the enterprise software provider’s stock after selling 124 shares during the quarter. Nadler Financial Group Inc.’s holdings in Oracle were worth $1,720,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORCL. Orion Capital Management LLC acquired a new position in Oracle in the 3rd quarter valued at $25,000. Ritter Daniher Financial Advisory LLC DE raised its holdings in Oracle by 298.4% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 243 shares of the enterprise software provider’s stock valued at $26,000 after acquiring an additional 182 shares in the last quarter. Spartan Planning & Wealth Management acquired a new position in Oracle in the 3rd quarter valued at $27,000. Cornerstone Planning Group LLC raised its holdings in Oracle by 1,268.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 342 shares of the enterprise software provider’s stock valued at $36,000 after acquiring an additional 317 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. increased its stake in shares of Oracle by 139.4% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 371 shares of the enterprise software provider’s stock valued at $39,000 after purchasing an additional 216 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Safra Catz sold 790,000 shares of Oracle stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $126.54, for a total transaction of $99,966,600.00. Following the sale, the chief executive officer now owns 1,118,592 shares of the company’s stock, valued at approximately $141,546,631.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 42.80% of the company’s stock.

Oracle Stock Up 2.7 %

ORCL stock traded up $3.15 during trading on Friday, reaching $118.04. 4,430,091 shares of the stock were exchanged, compared to its average volume of 8,427,821. The firm’s 50 day moving average is $119.30 and its 200 day moving average is $113.06. Oracle Co. has a twelve month low of $93.29 and a twelve month high of $132.77. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 13.34. The firm has a market cap of $324.43 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 2.31 and a beta of 1.01.

Oracle (NYSE:ORCL) last posted its quarterly 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. The business had revenue of $13.28 billion for the quarter, compared to the consensus estimate of $13.29 billion. Oracle had a return on equity of 336.11% and a net margin of 20.27%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.96 EPS. As a group, research analysts forecast that Oracle Co. will post 4.44 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date was Tuesday, April 9th. Oracle’s dividend payout ratio (DPR) is presently 42.22%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ORCL shares. BMO Capital Markets lifted their price target on Oracle from $126.00 to $142.00 and gave the company a “market perform” rating in a research note on Tuesday, March 12th. KeyCorp began coverage on Oracle in a research report on Thursday, March 21st. They set an “overweight” rating and a $150.00 price objective on the stock. HSBC boosted their price objective on Oracle from $144.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Argus upgraded Oracle from a “hold” rating to a “buy” rating in a research report on Thursday, March 14th. Finally, The Goldman Sachs Group boosted their price objective on Oracle from $115.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th. Ten research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $130.76.

Oracle Company 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.