Ayalon Holdings Ltd. Takes $903,000 Position in Oracle Co. (ORCL)

Ayalon Holdings Ltd. acquired a new stake in Oracle Co. (NYSE:ORCL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,100 shares of the enterprise software provider’s stock, valued at approximately $903,000. Oracle comprises about 0.7% of Ayalon Holdings Ltd.’s portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ORCL. Acrospire Investment Management LLC lifted its stake in Oracle by 947.4% during the second quarter. Acrospire Investment Management LLC now owns 1,990 shares of the enterprise software provider’s stock worth $100,000 after purchasing an additional 1,800 shares in the last quarter. Burt Wealth Advisors lifted its stake in Oracle by 4.3% during the second quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock worth $107,000 after purchasing an additional 88 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Oracle by 81,200.0% during the third quarter. Wealthcare Advisory Partners LLC now owns 2,439 shares of the enterprise software provider’s stock worth $118,000 after acquiring an additional 2,436 shares during the period. ETF Managers Group LLC purchased a new stake in shares of Oracle during the second quarter worth $133,000. Finally, Monroe Bank & Trust MI increased its position in shares of Oracle by 30.5% during the second quarter. Monroe Bank & Trust MI now owns 2,885 shares of the enterprise software provider’s stock worth $144,000 after acquiring an additional 675 shares during the period. Hedge funds and other institutional investors own 57.77% of the company’s stock.

In other news, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $48.40, for a total transaction of $181,500.00. Following the completion of the sale, the director now owns 18,125 shares in the company, valued at $877,250. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dorian Daley sold 100,000 shares of the stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $47.59, for a total transaction of $4,759,000.00. Following the sale, the executive vice president now owns 136,954 shares of the company’s stock, valued at approximately $6,517,640.86. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,956,250 shares of company stock worth $98,316,475. Corporate insiders own 29.00% of the company’s stock.

ORCL has been the topic of a number of recent research reports. Zacks Investment Research lowered Oracle from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. UBS Group reaffirmed a “neutral” rating and set a $55.00 price objective (down previously from $57.00) on shares of Oracle in a research report on Thursday, November 9th. Vetr lowered Oracle from a “strong-buy” rating to a “buy” rating and set a $51.82 price objective on the stock. in a research report on Monday, November 20th. BidaskClub raised Oracle from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 27th. Finally, Royal Bank of Canada set a $53.00 price objective on Oracle and gave the stock a “buy” rating in a research report on Tuesday, December 12th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twenty-nine have issued a buy rating to the stock. Oracle presently has an average rating of “Buy” and an average target price of $55.38.

Oracle Co. (NYSE:ORCL) opened at $50.71 on Monday. The stock has a market capitalization of $209,920.00, a PE ratio of 21.76, a price-to-earnings-growth ratio of 1.93 and a beta of 1.08. Oracle Co. has a twelve month low of $41.50 and a twelve month high of $53.14. The company has a current ratio of 5.07, a quick ratio of 5.04 and a debt-to-equity ratio of 1.03.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Thursday, December 14th. The enterprise software provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. The company had revenue of $9.63 billion for the quarter, compared to analyst estimates of $9.57 billion. Oracle had a return on equity of 20.49% and a net margin of 25.48%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.61 earnings per share. sell-side analysts forecast that Oracle Co. will post 2.68 EPS for the current year.

Oracle announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 14th that allows the company to buyback $12.00 billion in shares. This buyback authorization allows the enterprise software provider to buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Tuesday, January 9th. Oracle’s payout ratio is 32.62%.

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Oracle Company Profile

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. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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