According to Zacks brokerage recommendations, Oracle Corporation (NYSE:ORCL)’s Buy count is 1 and Strong Buy is 14 while the number of analysts recommending Sell and Strong Sell are 1 and 10, respectively. Pekin Singer Strauss Asset Management IL now owns 30,818 shares of the enterprise software provider’s stock worth $1,126,000 after buying an additional 279 shares in the last quarter. First Eagle Investment Management LLC now owns 39,400,073 shares of the enterprise software provider’s stock valued at $1,439,285,000 after buying an additional 1,298,546 shares in the last quarter. The hedge fund held 47.72 million shares of the prepackaged software company at the end of 2016Q1, valued at $1.95 billion, down from 50.27M at the end of the previous reported quarter.
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Oracle Corporation (NYSE:ORCL) was down -0.24% (-$0.1) to $41.22 and showed a volume of 9.83 mln shares. The stock has a 52-week highest price of $42.00 and its 52-week lowest price was called at $33.13.
Oracle Corporation provides services and products that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure.
07/18/2016 – Oracle Corporation had its “outperform” rating reiterated by analysts at Macquarie. The heightened volatility saw the trading volume jump to 91,09,870 shares. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $260.42 while the highest price target suggested by the analysts is $297.00 and low price target is $230.00. The company had revenue of $10596.00 million for the quarter, compared to analysts expectations of $10458.54 million. MKM Partners reissued a “hold” rating and set a $42.00 target price on shares of Oracle Corp.in a research note on Friday, June 10th. The company now has a consensus rating of “Buy” and a consensus target price of $44.40. It has a 19.89 P/E ratio.
Oracle Corp. (NYSE:ORCL) last issued its earnings results on Thursday, June 16th. A month ago, they told us to expect earnings of US$0.65 per share while three months ago their EPS consensus estimate was US$0.66. The company’s revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS. Oracle Corporation makes up approx 1.05% of Westport Resources Management Inc’s portfolio.Cadence Bank Na reduced its stake in ORCL by selling 108 shares or 1.12% in the most recent quarter.
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 27th. Investors of record on Wednesday, July 6th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Friday, July 1st.
During last 3 month it remained at 4.39%. Also, Director Naomi O. Seligman sold 25,000 shares of the stock in a transaction that occurred on Thursday, June 23rd. Garcia-Molina Hector offloaded 3,750 shares in the company at a per-share price of $41.12 and ended up generating $154,200 in proceeds. The shares were sold at an average price of $38.65, for a total value of $144,937.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were sold at an average price of $40.74, for a total transaction of $1,018,500.00. 4 analysts have rated the company as a “Hold”. The disclosure for this sale can be found here.
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07/12/2016 – Oracle Corporation was upgraded to “outperform” by analysts at BMO Capital Markets.
