Bank Hapoalim BM Reduces Stake in Oracle Co.

Bank Hapoalim BM has decreased its stake in Oracle Co. (NYSE:ORCL) by 31.3% during the fourth quarter, as stated in its latest 13F filing with the Securities and Exchange Commission. Following this reduction, the bank now holds 11,955 shares of the enterprise software company's stock after divesting 5,456 shares in the reported period. As per the most recent filings, Bank Hapoalim BM's investments in Oracle are valued at approximately $1,992,000.

Recent Changes Among Institutional Investors

In addition to Bank Hapoalim BM, several other institutional investors and hedge funds have recently adjusted their positions in Oracle. For instance, R Squared Ltd established a new investment in Oracle worth around $25,000 in the fourth quarter. Winch Advisory Services LLC increased its stake in Oracle by an impressive 89.7% during the same period, now owning 184 shares valued at approximately $31,000, after buying an additional 87 shares. Furthermore, Reston Wealth Management LLC and Synergy Asset Management LLC both made new investments in the company valued at roughly $44,000 and $47,000 respectively in the earlier quarters. Lastly, Avondale Wealth Management also acquired a new stake valued at around $51,000. Currently, institutional investors collectively hold 42.44% of Oracle's stock.

Current Market Performance

Looking at the current market performance, Oracle's stock opened at $167.98. The firm maintains a debt-to-equity ratio of 5.65, a quick ratio of 0.81, and a current ratio of 0.81. Its market capitalization stands at $469.83 billion, with a price-to-earnings ratio of 41.07 and a price-to-earnings-growth ratio of 3.35. Over the past year, Oracle's stock has seen a low of $106.51 and a high of $198.31. As of now, its 50-day and 200-day simple moving averages are $171.50 and $163.79 respectively.

Latest Earnings Report

Oracle last published its earnings results on December 9th. The company reported earnings of $1.47 per share, which was slightly below the analysts' consensus forecast of $1.48, missing the estimate by $0.01. For the quarter, Oracle generated revenue of $14.06 billion, which was also below expectations of $14.12 billion. The company achieved a net margin of 21.16% and a notable return on equity of 133.25%. Comparing to the same quarter last year, Oracle's revenue increased by 8.6%. Analysts anticipate that Oracle will report an EPS of 5 for the current fiscal year.

Dividend Announcements

Recently, Oracle announced a quarterly dividend of $0.40, which was paid to stockholders on January 9th. The annualized dividend now stands at $1.60, culminating in a dividend yield of 0.95%. The ex-dividend date was set for January 10th and Oracle's current dividend payout ratio (DPR) is 39.12%.

Insider Transactions

In notable insider activity, CEO Safra Catz sold off a significant number of shares—2,101,154 shares—on January 22nd at an average price of $185.35, totaling over $389 million in transactions. Subsequently, the CEO now holds approximately 1,118,592 shares, valued at around $207 million. This transaction represents a 65.26% drop in her ownership and was officially reported to the SEC. As of now, insiders own about 42.20% of Oracle's stock.

Analyst Insights

Equity analysts have been active in revising their price targets for Oracle. StockNews.com upgraded Oracle’s shares from a hold to a buy rating. DA Davidson raised its price target from $140 to $150 while maintaining a neutral rating. Moreover, Jefferies Financial Group increased its price target from $190 to $220, and Mizuho boosted their price target from $185 to $210, both giving the stock an outperform rating. Recent evaluations suggest a mixed sentiment towards Oracle, with one analyst recommending a sell, ten in favor of holding, eighteen suggesting a buy, and two assigning a strong buy rating. Overall, Oracle holds a consensus rating of 'Moderate Buy' with an average price target of $182.73.

About Oracle

Oracle Corporation is a prominent provider of globally recognized products and services that cater to enterprise information technology environments. The company's offerings encompass various cloud software applications, including but not limited to Oracle Fusion Cloud services in areas like enterprise resource planning (ERP), supply chain management, human capital management, and Oracle Cerner's healthcare solutions.

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