Oracle Corporation (ORCL) : Gardiner Nancy B scooped up 772 additional shares in Oracle Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 27, 2016. The investment management firm now holds a total of 12,147 shares of Oracle Corporation which is valued at $486,730.Oracle Corporation makes up approximately 2.09% of Gardiner Nancy B’s portfolio.
Other Hedge Funds, Including , Notis-mcconarty Edward boosted its stake in ORCL in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 44,937 shares of Oracle Corporation which is valued at $1.8 Million. Oracle Corporation makes up approx 1.26% of Notis-mcconarty Edward’s portfolio. Mraz Amerine Associates added ORCL to its portfolio by purchasing 618 company shares during the most recent quarter which is valued at $24,355. Oracle Corporation makes up approx 0.01% of Mraz Amerine Associates’s portfolio.Hotchkis Wiley Capital Management reduced its stake in ORCL by selling 1,054,620 shares or 6.32% in the most recent quarter. The Hedge Fund company now holds 15,628,045 shares of ORCL which is valued at $619 Million. Oracle Corporation makes up approx 2.64% of Hotchkis Wiley Capital Management’s portfolio. Dodge Cox added ORCL to its portfolio by purchasing 9,000 company shares during the most recent quarter which is valued at $356,490.Cetera Advisors reduced its stake in ORCL by selling 3,447 shares or 5.4% in the most recent quarter. The Hedge Fund company now holds 60,377 shares of ORCL which is valued at $2.4 Million. Oracle Corporation makes up approx 0.20% of Cetera Advisors’s portfolio.
Oracle Corporation closed down -0.31 points or -0.79% at $39.13 with 2,00,09,508 shares getting traded on Tuesday. Post opening the session at $39.55, the shares hit an intraday low of $39.05 and an intraday high of $39.745 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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