Oracle Systems (NYSE:ORCL) Q2 2019 Sentiment Change

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Sentiment for Oracle Systems (NYSE:ORCL)

Oracle Systems (NYSE:ORCL) institutional sentiment increased to 0.76 in 2019 Q2. Its up 0.08, from 0.68 in 2019Q1. The ratio improved, as 467 active investment managers opened new or increased holdings, while 618 sold and reduced their stock positions in Oracle Systems. The active investment managers in our partner’s database now have: 1.70 billion shares, down from 1.75 billion shares in 2019Q1. Also, the number of active investment managers holding Oracle Systems in their top 10 holdings increased from 53 to 61 for an increase of 8. Sold All: 49 Reduced: 569 Increased: 346 New Position: 121.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide. The company has market cap of $179.42 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. It has a 17.61 P/E ratio. The firm licenses its Oracle Database software, which enables storage, retrieval, and manipulation of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes.

The stock decreased 0.19% or $0.1 during the last trading session, reaching $53.78. About 10.18M shares traded. Oracle Corporation (NYSE:ORCL) has risen 17.96% since September 13, 2018 and is uptrending. It has outperformed by 17.96% the S&P500.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on September, 16. They expect $0.72 earnings per share, up 16.13 % or $0.10 from last year’s $0.62 per share. ORCL’s profit will be $2.40B for 18.67 P/E if the $0.72 EPS becomes a reality. After $1.07 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts -32.71 % negative EPS growth.

Caledonia Investments Plc holds 12.13% of its portfolio in Oracle Corporation for 763,500 shares. Black Creek Investment Management Inc. owns 4.50 million shares or 8.45% of their US portfolio. Moreover, Dynamic Capital Management Ltd has 7.89% invested in the company for 27,819 shares. The New York-based Tiedemann Advisors Llc has invested 6.29% in the stock. Brown Brothers Harriman & Co, a New York-based fund reported 16.43 million shares.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Ratings analysis reveals 33% of Oracle’s analysts are positive. Out of 18 Wall Street analysts rating Oracle, 6 give it “Buy”, 1 “Sell” rating, while 11 recommend “Hold”. The lowest target is $48 while the high is $66. The stock’s average target of $57.42 is 6.77% above today’s ($53.78) share price. ORCL was included in 39 notes of analysts from March 15, 2019. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, May 21. The stock has “Neutral” rating by Wedbush on Friday, March 15. The stock of Oracle Corporation (NYSE:ORCL) has “Hold” rating given on Friday, March 15 by UBS. The firm has “Hold” rating given on Thursday, June 20 by J.P. Morgan. Morgan Stanley maintained it with “Hold” rating and $54 target in Friday, March 15 report. The stock of Oracle Corporation (NYSE:ORCL) has “Hold” rating given on Friday, March 15 by Citigroup. The firm has “Equal-Weight” rating given on Thursday, September 12 by Barclays Capital. BMO Capital Markets downgraded Oracle Corporation (NYSE:ORCL) on Friday, March 15 to “Market Perform” rating. The company was maintained on Thursday, June 20 by Barclays Capital. The firm earned “Hold” rating on Friday, March 15 by Rosenblatt.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Finance.Yahoo.com which released: “Oracle Issues 1st-Quarter Numbers – Yahoo Finance” on September 12, 2019, also Finance.Yahoo.com with their article: “Here’s What We Like About Oracle Corporation (NYSE:ORCL)’s Upcoming Dividend – Yahoo Finance” published on July 12, 2019, Finance.Yahoo.com published: “Oracle (NYSE:ORCL) Seems To Use Debt Quite Sensibly – Yahoo Finance” on August 26, 2019. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Fool.com and their article: “Oracle Corp (ORCL) Q1 2020 Earnings Call Transcript – The Motley Fool” published on September 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Kind Of Shareholders Own Oracle Corporation (NYSE:ORCL)? – Yahoo Finance” with publication date: September 09, 2019.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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