Oracle Corporation (ORCL) : Greystone Investment Management scooped up 3,712 additional shares in Oracle Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 186,129 shares of Oracle Corporation which is valued at $7,335,344.Oracle Corporation makes up approximately 3.13% of Greystone Investment Management’s portfolio.
Oracle Corporation opened for trading at $38.97 and hit $39.425 on the upside on Friday, eventually ending the session at $39.41, with a gain of 0.46% or 0.18 points. The heightened volatility saw the trading volume jump to 75,87,435 shares. Company has a market cap of $163,546 M.
Other Hedge Funds, Including , Braun Stacey Associates Inc boosted its stake in ORCL in the latest quarter, The investment management firm added 865 additional shares and now holds a total of 15,125 shares of Oracle Corporation which is valued at $596,076. Oracle Corporation makes up approx 0.04% of Braun Stacey Associates Inc’s portfolio.Torch Wealth Management reduced its stake in ORCL by selling 1,221 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 64,679 shares of ORCL which is valued at $2,578,105. Oracle Corporation makes up approx 1.93% of Torch Wealth Management’s portfolio.Westbourne Investment Advisors reduced its stake in ORCL by selling 500 shares or 3.82% in the most recent quarter. The Hedge Fund company now holds 12,600 shares of ORCL which is valued at $502,236. Oracle Corporation makes up approx 0.48% of Westbourne Investment Advisors’s portfolio.Regentatlantic Capital boosted its stake in ORCL in the latest quarter, The investment management firm added 1,322 additional shares and now holds a total of 156,103 shares of Oracle Corporation which is valued at $6,353,392. Oracle Corporation makes up approx 0.63% of Regentatlantic Capital’s portfolio.Old Second National Bank Of Aurora reduced its stake in ORCL by selling 25,747 shares or 30.38% in the most recent quarter. The Hedge Fund company now holds 59,000 shares of ORCL which is valued at $2,401,300. Oracle Corporation makes up approx 1.13% of Old Second National Bank Of Aurora’s portfolio.
On the company’s financial health, Oracle Corporation 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 Corporation. Northland Capital Initiated Oracle Corporation 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