Oracle Corp (ORCL) Holder Clearbridge LLC Has Decreased Position

January 23, 2018 - By Winifred Garcia

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.18, from 0.95 in 2017Q2. It increased, as 67 investors sold ORCL shares while 498 reduced holdings. 122 funds opened positions while 519 raised stakes. 2.32 billion shares or 1.54% less from 2.35 billion shares in 2017Q2 were reported. The Florida-based Smith Chas P And Associates Pa Cpas has invested 0.6% in Oracle Corporation (NYSE:ORCL). Suffolk Mngmt Lc stated it has 261,507 shares or 1.67% of all its holdings. Synovus Fincl accumulated 179,389 shares. Cornerstone invested in 0.58% or 17,510 shares. Wilbanks Smith And Thomas Asset Mgmt Ltd Liability Corp owns 85,917 shares for 0.35% of their portfolio. Dana Advsr Inc accumulated 119,704 shares. Rhumbline Advisers invested in 5.37 million shares or 0.56% of the stock. North Star Corp invested in 0.04% or 6,535 shares. Supplemental Annuity Collective Of Nj reported 20,000 shares. Catawba Capital Management Va reported 102,086 shares. Jaffetilchin Investment Prtn Ltd Company reported 0.15% stake. Investment Prtn Limited Oh Adv holds 18,089 shares or 0.75% of its portfolio. France-based Bnp Paribas Asset Mgmt Sa has invested 0.12% in Oracle Corporation (NYSE:ORCL). Amer Century Cos invested in 12.62 million shares or 0.62% of the stock. 24,070 were reported by Shayne &.

Clearbridge Llc decreased its stake in Oracle Corp (ORCL) by 4.47% based on its latest 2017Q3 regulatory filing with the SEC. Clearbridge Llc sold 127,574 shares as the company’s stock rose 5.35% with the market. The institutional investor held 2.72M shares of the prepackaged software company at the end of 2017Q3, valued at $131.70M, down from 2.85M at the end of the previous reported quarter. Clearbridge Llc who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $209.92 billion market cap company. The stock increased 0.26% or $0.13 during the last trading session, reaching $50.71. About 16.84 million shares traded or 8.76% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 23, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Clearbridge Llc, which manages about $5.40B and $4.62B US Long portfolio, upped its stake in Sprouts Fmrs Mkt Inc (NASDAQ:SFM) by 212,310 shares to 1.01M shares, valued at $19.04M in 2017Q3, according to the filing. It also increased its holding in Mylan N V (NASDAQ:MYL) by 187,872 shares in the quarter, for a total of 2.01 million shares, and has risen its stake in Veeco Instrs Inc Del (NASDAQ:VECO).

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 earnings per share, up 4.76 % or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73B for 19.21 P/E if the $0.66 EPS becomes a reality. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45 % EPS growth.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle Ready To Battle Amazon AWS” on January 08, 2018, also Seekingalpha.com with their article: “Oracle: Aggressively Chasing Cloud Growth” published on January 03, 2018, Seekingalpha.com published: “Can Oracle’s Autonomous Database Fend Off Amazon’s Efforts?” on January 18, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle: A Classic Case Of Cannibalization” published on December 27, 2017 as well as Reuters.com‘s news article titled: “Oracle issues security patches for chip flaws” with publication date: January 17, 2018.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 103 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Raymond James on Friday, December 15. Morgan Stanley downgraded Oracle Corporation (NYSE:ORCL) on Wednesday, November 11 to “Equal-Weight” rating. William Blair maintained Oracle Corporation (NYSE:ORCL) on Friday, September 15 with “Hold” rating. The stock of Oracle Corporation (NYSE:ORCL) earned “Neutral” rating by Wedbush on Thursday, March 16. The firm earned “Buy” rating on Thursday, September 10 by BTIG Research. The rating was maintained by BMO Capital Markets on Thursday, June 22 with “Outperform”. The firm earned “Buy” rating on Sunday, July 23 by RBC Capital Markets. KeyBanc Capital Markets maintained the shares of ORCL in report on Monday, July 17 with “Buy” rating. The firm has “Overweight” rating given on Thursday, March 16 by JP Morgan. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Friday, December 16 by Stifel Nicolaus.

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