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Oracle Corporation (ORCL) Expected to Post Earnings of $0.68 Per Share

06 December 2017

The hedge fund run by Jean held 41.72M shares of the prepackaged software company at the end of 2017Q2, valued at $2.09B, up from 41.24 million at the end of the previous reported quarter. The stock increased 0.46% or $0.27 during the last trading session, reaching $59.53. Its share price has decline -4.96% in three months and is down -2.36% for the last five trades. Visa Inc. (NYSE:V) has risen 20.29% since December 6, 2016 and is uptrending. It has outperformed by 50.67% the S&P500. Moreover, Moors And Cabot has 0.12% invested in Oracle Corporation (NYSE:ORCL). The lowest EPS estimate is $0.67 and the highest is $0.70. Da Davidson And reported 0.15% of its portfolio in Oracle Corporation (NYSE:ORCL).

The stock decreased 0.20% or $0.03 during the last trading session, reaching $15.48. About 354,235 shares traded or 58.82% up from the average. Oracle Corporation (NYSE:ORCL) has consensus analyst target price is $56.45. It has underperformed by 8.11% the S&P500.

Investors sentiment is 0.95 in 2017 Q2. Its down 0.37, from 1.2 in 2017Q1. It increased, as 82 investors sold T shares while 619 reduced holdings. 65 funds opened positions while 146 raised stakes. 8,852 are held by Heritage Wealth Advsr. Lone Pine Cap Limited Company invested in 21.09 million shares. The enterprise software provider reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.07. Ionic Capital Mgmt Ltd stated it has 0.02% of its portfolio in Visa Inc. Oracle Corporation has 4.13 billion shares outstanding, and in the last trade has seen ATR around 0.7. Strategy Asset Managers Lc holds 0.92% or 119,106 shares in its portfolio.

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Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on December, 21. Balyasny Asset Management Limited Liability Co reported 84,000 shares. Smithbridge Asset Mgmt De reported 3.03% stake. During the same quarter in the prior year, the business earned $0.55 earnings per share.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Over the last 90 days, insiders have sold 305,776 shares of company stock worth $14,821,999. It also reduced its holding in Ebay Inc (NASDAQ:EBAY) by 158,800 shares in the quarter, leaving it with 1.51 million shares, and cut its stake in Baidu Inc (NASDAQ:BIDU). Sensata Technologies Hldg Nv (NYSE:ST) was raised too.

Among 39 analysts covering Visa Inc. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 36% are positive.

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In the most updated research from a number of analysts on Wall Street, the company gets 27 Buys and 1 Sell among 37 analysts. The firm has "Buy" rating given on Tuesday, October 25 by Stifel Nicolaus. Deutsche Bank maintained AT&T Inc. Jefferies upgraded the stock to "Buy" rating in Thursday, July 30 report. As per Monday, October 9, the company rating was downgraded by Standpoint Research. The stock of Visa Inc. Stifel Nicolaus maintained the shares of ORCL in report on Thursday, September 17 with "Buy" rating. As per Friday, July 14, the company rating was maintained by Barclays Capital. Drexel Hamilton maintained it with "Buy" rating and $5300 target in Wednesday, June 21 report. The stock of Oracle Corporation (NYSE:ORCL) has "Equal-Weight" rating given on Wednesday, November 11 by Morgan Stanley. The stock now has an average rating of "Buy" and a consensus price target of $54.85. The company has market cap of $586.44 million. Oracle Corporation's now has a PEG ratio of 2.40 where as its P/E ratio is 21.10. 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.

Oracle Corporation (ORCL) have shown a high EPS growth of 2.50% in the last 5 years and has earnings rose of 7.10% yoy. Therefore 57% are positive. Oracle had 97 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Symantec Corporation (NASDAQ:SYMC) earned "Hold" rating by Robert W. Baird on Thursday, October 12. The stock of Oracle Corporation (NYSE:ORCL) has "Mkt Perform" rating given on Thursday, December 17 by FBR Capital. The company was maintained on Thursday, June 22 by UBS. Gateway Advisers Limited Liability Corp stated it has 0.83% of its portfolio in Oracle Corporation (NYSE:ORCL). More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: "Oracle Is Overvalued" published on December 03, 2017 as well as Seekingalpha.com's news article titled: "Oracle: A Lagging Tech That May Be Attractive Now" with publication date: November 17, 2017. The New York-based First Manhattan Communications has invested 1.46% in Oracle Corporation (NYSE:ORCL). Zacks Investment Research downgraded Oracle from a "buy" rating to a "hold" rating in a research report on Monday, August 28th. The rating was maintained by Canaccord Genuity on Wednesday, March 16 with "Buy".

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