First American Trust Fsb Lowers stake in Oracle Corporation (ORCL)

Oracle Corporation (ORCL) : First American Trust Fsb reduced its stake in Oracle Corporation by 5.02% during the most recent quarter end. The investment management company now holds a total of 94,818 shares of Oracle Corporation which is valued at $3,875,212 after selling 5,012 shares in Oracle Corporation , the firm said in a disclosure report filed with the SEC on Jul 6, 2016.Oracle Corporation makes up approximately 1.35% of First American Trust Fsb’s portfolio.

Other Hedge Funds, Including , Indiana Trust Investment Management Co reduced its stake in ORCL by selling 10 shares or 0.02% in the most recent quarter. The Hedge Fund company now holds 63,387 shares of ORCL which is valued at $2,560,835. Oracle Corporation makes up approx 1.34% of Indiana Trust Investment Management Co’s portfolio.First Financial Bank N.a. – Trust Division reduced its stake in ORCL by selling 5,924 shares or 5.52% in the most recent quarter. The Hedge Fund company now holds 101,383 shares of ORCL which is valued at $4,095,873. Oracle Corporation makes up approx 0.79% of First Financial Bank N.a. – Trust Division’s portfolio.Toth Financial Advisory Corp boosted its stake in ORCL in the latest quarter, The investment management firm added 14,235 additional shares and now holds a total of 22,333 shares of Oracle Corporation which is valued at $912,526. Oracle Corporation makes up approx 0.28% of Toth Financial Advisory Corp’s portfolio.

Oracle Corporation closed down -0.09 points or -0.22% at $40.78 with 1,29,11,974 shares getting traded on Monday. Post opening the session at $40.9, the shares hit an intraday low of $40.75 and an intraday high of $41.14 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Oracle Corporation reported $0.81 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jun 16, 2016. Analyst had a consensus of $0.82. The company had revenue of $10596.00 million for the quarter, compared to analysts expectations of $10458.54 million. The company’s revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.

Many Wall Street Analysts have commented on Oracle Corporation. Oracle Corporation was Upgraded by JP Morgan to ” Neutral” on Jun 29, 2016. Northland Capital Initiated Oracle Corporation on Apr 20, 2016 to “Outperform”, Price Target of the shares are set at $50.

Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products and services. The Company’s 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

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