Oracle Corporation (ORCL) : Verde Servicos Internacionais S.a. added new position in Oracle Corporation during the most recent quarter end. The investment management firm now holds 263,150 shares of Oracle Corporation which is valued at $10,854,938 , the company said in a statement filed on Jul 18, 2016 with the SEC.Oracle Corporation makes up approximately 0.91% of Verde Servicos Internacionais S.a.’s portfolio.
Other Hedge Funds, Including , Farmers Merchants Investments Inc reduced its stake in ORCL by selling 25,833 shares or 13.37% in the most recent quarter. The Hedge Fund company now holds 167,385 shares of ORCL which is valued at $6,904,631. Oracle Corporation makes up approx 0.74% of Farmers Merchants Investments Inc’s portfolio.Huntington Steele reduced its stake in ORCL by selling 3,508 shares or 7.49% in the most recent quarter. The Hedge Fund company now holds 43,339 shares of ORCL which is valued at $1,796,835. Oracle Corporation makes up approx 0.65% of Huntington Steele’s portfolio. Beacon Capital Management sold out all of its stake in ORCL during the most recent quarter. The investment firm sold 125 shares of ORCL which is valued $5,109.Exxonmobil Investment Management Inc Tx boosted its stake in ORCL in the latest quarter, The investment management firm added 38,474 additional shares and now holds a total of 805,645 shares of Oracle Corporation which is valued at $32,926,711. Oracle Corporation makes up approx 0.69% of Exxonmobil Investment Management Inc Tx’s portfolio.
Oracle Corporation opened for trading at $41.48 and hit $41.5 on the upside on Wednesday, eventually ending the session at $41.25, with a gain of 0.41% or 0.17 points. The heightened volatility saw the trading volume jump to 1,14,09,678 shares. Company has a market cap of $170,063 M.
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. Company shares were Upgraded by BMO Capital Markets on Jul 12, 2016 to ” Outperform”, Firm has raised the Price Target to $ 47 from a previous price target of $45 .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 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