Oracle Co. (ORCL) Stake Raised by Janus Henderson Group PLC

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Janus Henderson Group PLC grew its position in shares of Oracle Co. (NYSE:ORCL) by 7.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,566,209 shares of the enterprise software provider’s stock after buying an additional 254,755 shares during the quarter. Janus Henderson Group PLC owned 0.09% of Oracle worth $157,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Thompson Siegel & Walmsley LLC boosted its holdings in Oracle by 2.1% in the second quarter. Thompson Siegel & Walmsley LLC now owns 304,726 shares of the enterprise software provider’s stock worth $13,426,000 after purchasing an additional 6,366 shares during the last quarter. Pitcairn Co. boosted its stake in shares of Oracle by 13.7% during the 2nd quarter. Pitcairn Co. now owns 32,418 shares of the enterprise software provider’s stock worth $1,428,000 after acquiring an additional 3,898 shares during the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of Oracle by 16.8% during the 2nd quarter. 180 Wealth Advisors LLC now owns 23,323 shares of the enterprise software provider’s stock worth $1,028,000 after acquiring an additional 3,358 shares during the last quarter. Charles Schwab Investment Advisory Inc. purchased a new position in shares of Oracle during the 2nd quarter worth $218,896,000. Finally, Washington Capital Management Inc. purchased a new position in shares of Oracle during the 2nd quarter worth $1,025,000. Hedge funds and other institutional investors own 53.65% of the company’s stock.

Shares of ORCL stock opened at $47.71 on Friday. The firm has a market cap of $198.87 billion, a PE ratio of 16.98, a PEG ratio of 1.61 and a beta of 1.16. Oracle Co. has a one year low of $42.57 and a one year high of $53.48. The company has a debt-to-equity ratio of 1.21, a quick ratio of 3.96 and a current ratio of 3.96.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, June 19th. The enterprise software provider reported $0.99 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.05. The firm had revenue of $11.26 billion for the quarter, compared to the consensus estimate of $11.17 billion. Oracle had a net margin of 9.61% and a return on equity of 23.14%. The company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm earned $0.89 EPS. equities analysts forecast that Oracle Co. will post 3.05 EPS for the current fiscal year.

Several brokerages have recently weighed in on ORCL. Zacks Investment Research upgraded shares of Oracle from a “sell” rating to a “hold” rating in a research note on Monday, June 25th. ValuEngine upgraded shares of Oracle from a “sell” rating to a “hold” rating in a research note on Monday, July 2nd. Royal Bank of Canada dropped their price target on shares of Oracle from $55.00 to $52.00 and set a “sector perform” rating on the stock in a research note on Wednesday, June 20th. Nomura dropped their price target on shares of Oracle from $60.00 to $59.00 and set a “buy” rating on the stock in a research note on Friday, June 29th. Finally, Stifel Nicolaus dropped their price target on shares of Oracle from $53.00 to $50.00 and set a “hold” rating on the stock in a research note on Wednesday, June 20th. Fifteen research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Oracle presently has a consensus rating of “Buy” and a consensus price target of $55.19.

In other Oracle news, Director Hector Garcia-Molina sold 3,750 shares of Oracle stock in a transaction on Friday, June 15th. The shares were sold at an average price of $46.17, for a total value of $173,137.50. Following the sale, the director now directly owns 27,969 shares in the company, valued at approximately $1,291,328.73. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP W Corey West sold 48,000 shares of Oracle stock in a transaction on Monday, June 25th. The shares were sold at an average price of $43.73, for a total transaction of $2,099,040.00. Following the completion of the sale, the executive vice president now owns 907 shares in the company, valued at $39,663.11. The disclosure for this sale can be found here. Insiders have sold a total of 550,500 shares of company stock worth $24,719,865 over the last 90 days. Insiders own 29.00% of the company’s stock.

Oracle Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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