ORACLE CORP COM (ORCL) : Northwest Investment Counselors scooped up 64 additional shares in ORACLE CORP COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 71,683 shares of ORACLE CORP COM which is valued at $2,917,498.ORACLE CORP COM makes up approximately 1.63% of Northwest Investment Counselors’s portfolio.
ORACLE CORP COM opened for trading at $40.51 and hit $41 on the upside on Wednesday, eventually ending the session at $40.85, with a gain of 0.49% or 0.2 points. The heightened volatility saw the trading volume jump to 87,42,137 shares. Company has a market cap of $169,522 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in ORCL during the most recent quarter. The investment firm sold 2,227,546 shares of ORCL which is valued $90,661,122.Umb Bank N Amo reduced its stake in ORCL by selling 15,525 shares or 9.33% in the most recent quarter. The Hedge Fund company now holds 150,795 shares of ORCL which is valued at $6,137,357. ORACLE CORP COM makes up approx 0.26% of Umb Bank N Amo’s portfolio.First Quadrant L Pca reduced its stake in ORCL by selling 915,700 shares or 69.92% in the most recent quarter. The Hedge Fund company now holds 393,900 shares of ORCL which is valued at $16,031,730. ORACLE CORP COM makes up approx 0.34% of First Quadrant L Pca’s portfolio.Rnc Capital Management reduced its stake in ORCL by selling 639 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 147,941 shares of ORCL which is valued at $6,068,540. ORACLE CORP COM makes up approx 0.59% of Rnc Capital Management’s portfolio.
On the company’s financial health, ORACLE CORP COM reported $0.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Mar 15, 2016. Analyst had a consensus of $0.62. The company had revenue of $9014.00 million for the quarter, compared to analysts expectations of $9128.37 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.68 EPS.
Many Wall Street Analysts have commented on ORACLE CORP COM. Northland Capital Initiated ORACLE CORP COM on Apr 20, 2016 to “Outperform”, Price Target of the shares are set at $50.Company shares were Reiterated by Canaccord Genuity on Mar 16, 2016 to “Buy”, Firm has raised the Price Target to $ 45 from a previous price target of $44 .Shares were Reiterated by UBS on Mar 16, 2016 to “Buy” and Lowered the Price Target to $ 44 from a previous price target of $45 .
Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products and services. The Companys offerings include Oracle database and middleware software application software cloud infrastructure hardware systems including computer server storage and networking products and related services. It operates through various segments including new software licenses and cloud software subscriptions which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service which provides deployment and management offerings; software license updates and product support which includes support enhancements and upgrades for Oracle software products; hardware systems products which includes servers storage networking virtualization software operating systems and management software; hardware systems support which provides software updates for software components and services business which offers consulting services