Oracle Corporation (ORCL) Given Buy Rating at BTIG Research

Shares of Oracle Corporation (NYSE:ORCL) opened at 48.04 on Tuesday. If the published price targets set by Oracle Corporation analysts have any power to influence the stock's share price, the highest price target set for ORCL is $62.5. Among holders that decreased their positions, 57 sold out of the stock Oracle Corporation. Swarthmore Group Inc.'s holdings in Oracle Corporation were worth $12,811,000 at the end of the most recent reporting period. Burt Wealth Advisors grew its stake in shares of Oracle Corporation by 4.3% during the second quarter. Lockheed Martin Investment Management Co. now owns 73,660 shares of the enterprise software provider's stock valued at $3,286,000 after acquiring an additional 13,000 shares in the last quarter. Ltd. grew its stake in shares of Oracle Corporation by 1,150.0% during the first quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider's stock valued at $120,000 after buying an additional 1,264 shares in the last quarter. Finally, Shell Asset Management Co. increased its stake in shares of Oracle by 0.6% in the third quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider's stock worth $107,000 after buying an additional 88 shares during the last quarter. Park Natl Oh has invested 0.09% in Oracle Corporation (NYSE:ORCL). It also reduced its holding in Time Warner Inc (NYSE:TWX) by 744,238 shares in the quarter, leaving it with 1.50 million shares, and cut its stake in Navigant Consulting Inc (NYSE:NCI).

ILLEGAL ACTIVITY WARNING: "Swarthmore Group Inc". If you are viewing this story on another domain, it was stolen and reposted in violation of USA & worldwide copyright and trademark law.

Also, insider Thomas Kurian sold 750,000 shares of Oracle Corporation stock in a transaction that occurred on Tuesday, July 18th. Following the sale, the insider now owns 783,533 shares of the company's stock, valued at $39,537,075.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Boskin sold 150,000 shares of the business's stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $50.35, for a total transaction of $188,812.50. Following the sale, the director now owns 99,454 shares of the company's stock, valued at $5,041,323.26. The disclosure for this sale can be found here. Insiders have sold a total of 1,817,500 shares of company stock worth $91,582,600 over the last 90 days. About 12,408 shares traded. The stock's last price was higher from the average trading price of 50 days recorded at $156.59 while enlarging the period to 200 trading days, the average price was $141.61. Oracle Corporation has a 52 week low of $37.62 and a 52 week high of $53.14. Analysts anticipate that traders could see stock price minimum in the $33 range (lowest target price). 0 of the trades during the past quarter were buys, and 19 or 100% were sells.

Oracle Corporation (NYSE:ORCL) last posted its earnings results on Thursday, September 14th. The enterprise software provider reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.07. The business had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $9.03 billion. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. The firm's quarterly revenue was up 7.0% on a year-over-year basis.

On a similar note, analysts expect EPS of $0.64 in November 2017 quarter and $0.68 in February 2018 quarter, representing 16.36% and 7.94% growth, respectively. They expect this year's earnings to rise 9.64% year-over-year to $2.73, followed by 8.79% growth in the next year to $2.97.

As of late the company also announced dividend for the quarter, expected to be paid on early Wed, Oct 25th. The ex-dividend date is Tuesday, October 10th. Ltd. lifted its holdings in shares of Oracle Corporation by 1,150.0% during the first quarter. Oracle Corporation's dividend payout ratio (DPR) is now 33.19%.

ORCL has been the subject of several other reports. UBS AG restated a "buy" rating and set a $52.00 target price (up previously from $48.00) on shares of Oracle Corporation in a report on Thursday, June 22nd. They noted that the move was a valuation call. Lastly, KeyCorp lifted Oracle Corporation from a "sector weight" recommendation to an "overweight" recommendation and fixed a $61.00 price objective on the company shares in a study report on early Wed, Jul 5th. The stock has "Buy" rating by BTIG Research on Thursday, September 10. Two financial stock experts recommended the company shares with a sell recommendation, twelve has issued a hold recommendation and thirty have published a buy recommendation to the firms shares. the share has a consensus rating of "Buy" and a consensus price objective of $53.33. Three months ago, analysts assigned ORCL a 4.23 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year. The sharp drop in stock price on September 15 was a typical overreaction from Wall Street, and investors should use opportunities like this to buy Oracle.

About Oracle Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company's businesses include cloud and on-premise software, hardware and services.

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