Dividend Flows Summary: Oct 26, 2016 is the day Oracle Corporation (NYSE:ORCL) promises dividends of $0.15. Here’s what they have to say.

Dividend Flows Summary: Oct 26, 2016 is the day Oracle Corporation (NYSE:ORCL) promises dividends of $0.15. Here's what they have to say.

Oracle Corporation (NYSE:ORCL) is expected to pay $0.15 on Oct 26, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Oct 7, 2016 will be eligible to receive the payout. Based on Oracle Corporation’s current price of $39.15, the dividend is 0.38%. This dividend’s record date is Oct 12, 2016 and the announcement date is Sep 16, 2016. The stock increased 0.72% or $0.28 during the last trading session, hitting $39.15. Oracle Corporation (NYSE:ORCL) has risen 3.33% since March 3, 2016 and is uptrending. It has underperformed by 5.02% the S&P500.

Oracle Corporation provides services and products that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The company has a market cap of $160.24 billion. The Company’s businesses include cloud and on-premise software, hardware and services. It has a 18.55 P/E ratio. 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.

Insitutional Activity: The institutional sentiment is 0.8 in Q2 2016. Its the same as in 2016Q1. The ratio has no change, as 84 funds sold all Oracle Corporation shares owned while 568 reduced positions. only 64 funds bought stakes while 456 increased positions. They now own 2.33 billion shares or 3.19% less from 2.41 billion shares in 2016Q1.
Motco reported 129,656 shares or 0.59% of all its holdings. Raab & Moskowitz Asset Mgmt Lc last reported 0.94% of its portfolio in the stock. The Virginia-based Pineno Levin Ford Asset Mgmt has invested 0.13% in Oracle Corporation (NYSE:ORCL). Gareth Morgan Invs Limited Partnership, a New Zealand-based fund reported 123,625 shares. Bb&T, a North Carolina-based fund reported 765,309 shares. Winslow Evans Crocker holds 0% or 105,926 shares in its portfolio. Ftb Advisors holds 0.1% or 17,507 shares in its portfolio. Nichols And Pratt Advisers Llp Ma has 16,600 shares for 0.06% of their US portfolio. Meeder Asset Management accumulated 120,806 shares or 0.46% of the stock. Moreover, Chatham Capital Grp has 0.1% invested in Oracle Corporation (NYSE:ORCL) for 8,084 shares. Jane Street has invested 0.08% of its portfolio in Oracle Corporation (NYSE:ORCL). Tarbox Group Inc has 0.04% invested in the company for 1,217 shares. Cognios Capital Ltd Com owns 202,450 shares or 2.64% of their US portfolio. Ladenburg Thalmann Financial Svcs holds 0.08% or 128,165 shares in its portfolio. Tower Ltd Limited Liability Company (Trc) last reported 67,799 shares in the company.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Out of 23 analysts covering Oracle (NYSE:ORCL), 14 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 61% are positive. $50 is the highest target while $37 is the lowest. The $44.13 average target is 12.72% above today’s ($39.15) stock price. Oracle has been the topic of 38 analyst reports since July 30, 2015 according to StockzIntelligence Inc. BTIG Research initiated the stock with “Buy” rating in Thursday, September 10 report. Citigroup maintained Oracle Corporation (NYSE:ORCL) rating on Friday, June 17. Citigroup has “Neutral” rating and $41 price target. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Drexel Hamilton on Saturday, October 10. The rating was maintained by Nomura on Thursday, September 17 with “Buy”. The stock has “Sector Weight” rating given by Pacific Crest on Monday, October 19. The rating was maintained by UBS on Thursday, December 17 with “Buy”. Morgan Stanley downgraded it to “Equal-Weight” rating and $45 target price in Wednesday, November 11 report. The firm has “Overweight” rating given on Thursday, September 17 by Morgan Stanley. The firm has “Mkt Perform” rating by FBR Capital given on Thursday, December 17. As per Friday, January 8, the company rating was initiated by BMO Capital Markets.

More important recent Oracle Corporation (NYSE:ORCL) news were published by: Profitconfidential.com which released: “Oracle Corporation: This Could Drive ORCL Stock 30% Higher” on October 02, 2016, also Benzinga.com published article titled: “Oracle Corporation Is At Risk From Competitors Like Salesforce”, Profitconfidential.com published: “Oracle Stock: Can Oracle Corporation Take Down Amazon.com, Inc.?” on September 20, 2016. More interesting news about Oracle Corporation (NYSE:ORCL) was released by: Investorplace.com and their article: “Oracle Corporation (ORCL) Co-Founder Bashes Amazon Web Services” with publication date: September 23, 2016.

ORCL Company Profile

Oracle Corporation (Oracle), incorporated on October 9, 2005, provides services and products that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. 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. The Company’s hardware business consists of two divisions, including hardware products and hardware support. The Company’s services business includes activities, such as consulting services, enhanced support services and education services, among others.

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