Boston Research & Management Inc. Has $424000 Position in Oracle Corporation (ORCL)

Barsaba Taglieri
Agosto 23, 2017

Having a price of $49.36, Oracle Corporation (NYSE:ORCL) traded 0.58% higher on the day. It has underperformed by 2.62% the S&P500.

Grimes & Company Inc increased its stake in Oracle Corporation (ORCL) by 6.71% based on its latest 2016Q4 regulatory filing with the SEC. Jacobs Levy Equity Mgmt owns 5,420 shares. The institutional investor held 158,929 shares of the prepackaged software company at the end of 2016Q4, valued at $6.11M, up from 148,940 at the end of the previous reported quarter. The stock rose 0.59% or $0.29 reaching $49.19. It has underperformed by 32.78% the S&P500. Out of 5 Wall Street analysts rating Oracle, 4 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Therefore 0 are positive. The firm has "Neutral" rating by Wedbush given on Thursday, March 16. The stock has "Outperform" rating by BMO Capital Markets on Thursday, June 22. The stock has "Mkt Perform" rating by FBR Capital on Friday, February 12. The stock now has an average rating of "Buy" and an average target price of $50.81. The stock has "Buy" rating by Canaccord Genuity on Wednesday, March 16. (NYSE:WSM) on Friday, May 26 with "Hold" rating. Cantor Fitzgerald maintained it with "Hold" rating and $75 target in Thursday, August 27 report. Benchmark maintained Oracle Corporation (NYSE:ORCL) rating on Friday, April 28. On Friday, June 17 the stock rating was maintained by Pacific Crest with "Sector Weight". Grimes & Company Inc who had been investing in Oracle Corporation for a number of months, seems to be bullish on the $202.28B market cap company. The Company's businesses include cloud and on-premise software, hardware and services. Similarly, the company's last 5 years high P/E ratio is 20.5 and low P/E is 14.98, whereas, the industry's and sector's high P/E for the past year is 73.62 and 24.98 respectively and low P/E ratio for the last 5 years is 21.56 for the industry and 10.22 for the Sector. The Company's cloud and on-premise software business consists of three divisions, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

Investors sentiment decreased to 0.79 in 2016 Q4. Its up 0.23, from 0.84 in 2016Q3.

Several other institutional investors also recently bought and sold shares of the company. 87 funds opened positions while 431 raised stakes. Barclays Public Limited Liability invested in 1,268 shares or 0% of the stock. Fayez Sarofim & holds 0.01% or 60,772 shares in its portfolio. Lee Danner Bass stated it has 59,298 shares. Rockefeller Svcs Inc reported 2.58% of its portfolio in Oracle Corporation (NYSE:ORCL). Smith Chas P And Associate Pa Cpas accumulated 108,270 shares. The Pennsylvania-based Ajo Ltd Partnership has invested 0.14% in Oracle Corporation (NYSE:ORCL). University Of Notre Dame Du Lac holds 1.85% or 119,974 shares. The enterprise software provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.11. South Dakota Inv Council reported 1.19% stake. Tradewinds Capital Management Ltd Liability Com invested in 0.77% or 30,490 shares. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: "Deep Dive Into Oracle's Return To Growth, At Reasonable Values" published on August 22, 2017 as well as Prnewswire.com's news article titled: "Oracle Enterprise Performance Management Cloud Empowers Modern Finance Teams" with publication date: August 14, 2017. American Retail Bank has invested 0% in Oracle Corporation (NYSE:ORCL). Sei Investments Co owns 321 shares.

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.01, from 0.93 in 2016Q3. 19 funds opened positions while 46 raised stakes. First Eagle Investment Management LLC now owns 41,235,175 shares of the enterprise software provider's stock worth $1,839,501,000 after buying an additional 1,467,144 shares during the period. Arizona State Retirement Systems reported 800,906 shares.

There are 1,690 institutional holders with active positions, accounting for 2.47 billion shares in total. Duncker Streett And reported 160 shares. Atlas Browninc has 26,477 shares for 0.43% of their portfolio. Bamco has invested 0.47% in Cognex Corporation (NASDAQ:CGNX). Nuveen Asset Ltd holds 28,657 shares. (NYSE:VZ). 42,945 are held by Delta Management Limited Liability Company. Van Eck invested in 123,415 shares. Fincl Counselors Inc reported 63,472 shares. Wellington Gru Llp stated it has 0.03% of its portfolio in Kroger Co (NYSE:KR). Shelton Mgmt holds 253,037 shares. Marco Investment Mngmt Limited Liability Com accumulated 1.3% or 193,358 shares. The stock of Oracle Corporation (NYSE:ORCL) has "Buy" rating given on Thursday, June 22 by Rosenblatt. Therefore 25% are positive. Oracle had 74 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has "Buy" rating by UBS on Thursday, December 17. Citigroup maintained Kroger Co (NYSE:KR) on Tuesday, September 13 with "Buy" rating. The firm has a market capitalization of $203.36 billion, a PE ratio of 22.24 and a beta of 1.06. The stock of Stifel Financial Corp (NYSE:SF) has "Neutral" rating given on Monday, March 20 by Goldman Sachs. KeyBanc Capital Markets maintained the shares of ORCL in report on Monday, July 17 with "Buy" rating. Bank of Montreal Can boosted its position in Oracle Corporation by 14.8% in the first quarter. The firm earned "Outperform" rating on Wednesday, August 24 by Oppenheimer. (NYSE:T) earned "Buy" rating by Jefferies on Tuesday, July 18.

Since February 23, 2017, it had 0 insider buys, and 6 selling transactions for $3.00 million activity. Shares for $489,835 were sold by Clark Robert W. KROPF SUSAN J sold $298,950 worth of stock or 10,000 shares. Sell-side analyst recommendations point to a short term price target of $54.92 on the company shares.

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