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Oracle reports 32% cloud revenue increase in latest quarter

21 March 2018

Sol Capital invested in 49,725 shares or 0.68% of the stock. Martingale Asset L P owns 0.74% invested in Oracle Corporation (NYSE:ORCL) for 1.14 million shares.

Oracle Corporation today announced fiscal 2018 Q3 results. It closed at $0.0035 lastly. Cls Lc owns 0% invested in Oracle Corporation (NYSE:ORCL) for 200 shares. It has outperformed by 13.04% the S&P500.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.

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"Our Cloud SaaS applications business is rapidly approaching $5 billion ...and it's still early days", said Oracle CEO, Mark Hurd.

Cloud revenues including SaaS, PaaS, and IaaS expected to grow 19% to 23% in United States dollars or 17% to 21% in constant currency.

The firm has a market capitalization of $216,377.00, a P/E ratio of 20.19, a price-to-earnings-growth ratio of 1.99 and a beta of 1.05. First American Bancshares has invested 0.15% of its portfolio in Oracle Corporation (NYSE:ORCL). Axa owns 2.78 million shares or 0.58% of their U.S. portfolio. Sphera Funds Mgmt holds 47,250 shares. Fagan Assoc Incorporated reported 28,550 shares. Its up 0.18, from 0.95 in 2017Q2. BMO Capital Markets' price target suggests a potential upside of 2.02% from the stock's current price. The stock of Oracle Corporation (NYSE:ORCL) earned "Buy" rating by UBS on Thursday, November 9. The stock of Oracle Corporation (NYSE:ORCL) has "Overweight" rating given on Wednesday, January 3 by Morgan Stanley.

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3/20/2018-William Blair Reiterated Rating of Market Perform. The stock traded with the average Volume of 15.59 Million at the end of last session. Oracle Corporation (NYSE:ORCL) has risen 14.08% since March 20, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Analysts await Apollo Commercial Real Estate Finance, Inc. (NYSE:WPX) to report earnings on May, 2. The Cypress Capital Management Llc holds 247,793 shares with $11.98M value, up from 193,413 last quarter. MA's profit will be $1.31B for 36.54 P/E if the $1.25 EPS becomes a reality. Oracle is decreasing its dependency on software sales for corporate datacenters, but on-premises revenues still accounted for 66% of total revenue in the latest quarter. It also increased its holding in Actuant Corp Cl A (NYSE:ATU) by 404,981 shares in the quarter, for a total of 560,001 shares, and has risen its stake in Seacor Marine Holdings Inc. Schwab Strategic Tr (SCHV) was raised too.

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.02, from 1.13 in 2017Q2. It dived, as 12 investors sold ARI shares while 35 reduced holdings. ZWJ Investment Counsel Inc. raised its position in shares of Oracle by 2.9% in the 4th quarter. The Maryland-based Proshare Advsr Ltd Limited Liability Company has invested 0.01% in WPX Energy, Inc. Palouse reported 76,677 shares. Natixis accumulated 15,859 shares. Acrospire Investment Management LLC boosted its stake in shares of Oracle by 947.4% during the second quarter. Sir Mgmt LP owns 4% invested in WPX Energy, Inc. (NYSE:ARI) for 19,251 shares. Susquehanna Gp Llp invested in 0.05% or 2.26 million shares. Sit Inv Assocs Inc stated it has 515,264 shares or 0.62% of all its holdings. (NYSE:WPX) for 66 shares. Cornerstone Management Ltd Liability holds 0.03% or 241,386 shares. American International Grp reported 16,364 shares. Royal National Bank Of Canada holds 0% of its portfolio in Apollo Commercial Real Estate Finance, Inc. (NYSE:WPX). Asset One invested in 103,025 shares or 0% of the stock. 41 are owned by Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma. The shares were sold at an average price of $52.19, for a total transaction of $195,712.50.

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Among 6 analysts covering Apollo Commercial Real Estate Finance (NYSE:ARI), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 66% are positive. Oracle had 108 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus cut Oracle from a "buy" rating to a "hold" rating and set a $53.00 price target for the a research note on Tuesday. On Thursday, March 16 the stock rating was maintained by Wedbush with "Neutral". The company was downgraded on Wednesday, October 14 by JMP Securities. The stock of Apollo Commercial Real Estate Finance, Inc. (NYSE:CNP) on Tuesday, January 12 with "Buy" rating. The firm has "Buy" rating by Canaccord Genuity given on Thursday, August 24.

Oracle reports 32% cloud revenue increase in latest quarter