“Outperform” was Reaffirmed on Oracle (NYSE:ORCL) by Raymond James; with $54 Target.

June 29, 2018 - By Lena Young

Oracle Corporation (NYSE:ORCL) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.87. That’s change of 0.28, from 2017Q4’s 1.15. 83 investors sold all, 569 reduced holdings as Oracle Corporation ratio is negative. 449 increased positions while 118 funds bought positions. Funds hold 2.24 billion shares thus 1.97% less from 2017Q4’s 2.29 billion shares.

Moreover, Prelude Capital Mngmt Llc has 0.09% invested in Oracle Corporation (NYSE:ORCL) for 27,587 shs. Roof Eidam & Maycock Adv invested in 0.13% or 6,125 shs. California-based Miracle Mile Advsrs Ltd Limited Liability Company has invested 0.03% in Oracle Corporation (NYSE:ORCL). Bbva Compass Bancorp Inc invested 0.81% of its capital in Oracle Corporation (NYSE:ORCL). Lifeplan Fincl Inc owns 1,760 shs for 0.05% of their capital. Iowa Bank holds 0.82% or 36,713 shs. Baxter Bros has 0.06% invested in Oracle Corporation (NYSE:ORCL). Pnc Fincl Serv Grp Incorporated stated it has 5.97M shs or 0.27% of all its holdings. First Mercantile, Tennessee-based fund reported 24,656 shs. Ww Asset Mngmt Inc holds 0.4% or 187,513 shs. 9,732 are owned by M Secs. Jefferies Gru Ltd holds 0.01% or 52,554 shs. Pinebridge Investments L P holds 0.09% or 83,658 shs in its capital. Price T Rowe Assoc Md invested 0.05% in Oracle Corporation (NYSE:ORCL). Regent Inv Management Ltd invested in 27,907 shs.

Reiterated Oracle (NYSE:ORCL) Rating.

On Thursday morning analysts report was revealed to investors and clients on Oracle (NYSE:ORCL) of its “Outperform” Rating restate by analysts at Raymond James. The market cap company was given $54 price target that would indicate 22.59 % upside potential from the current price.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Total analysts of 23 have positions in Oracle (NYSE:ORCL) as follows: 11 rated it a “Buy”, 0 with “Sell” and 12 with “Hold”. The positive are 48%. Since January 3, 2018 according to StockzIntelligence Inc Oracle has 25 analyst reports. In Thursday, February 15 report Piper Jaffray maintained it with “Buy” rating and $57.0 target. In Wednesday, June 20 report UBS maintained the stock with “Neutral” rating. In Tuesday, March 20 report BMO Capital Markets maintained the stock with “Outperform” rating. On Wednesday, June 20 the firm has “Hold” rating by Stifel Nicolaus given. On Thursday, June 28 the stock has “Outperform” rating by Raymond James. In Wednesday, June 20 report Rosenblatt downgraded the stock to “Neutral” rating. The company rating was downgraded by KeyBanc Capital Markets on Tuesday, March 20. In Thursday, March 15 report RBC Capital Markets maintained the stock with “Hold” rating. On Tuesday, March 20 the rating was downgraded by Bank of America to “Neutral”. On Thursday, June 14 the firm earned “Buy” rating by Nomura.

The stock increased 0.48% or $0.21 during the last trading session, reaching $44.05.Oracle Corporation has volume of 7.79 million shares. Since June 29, 2017 ORCL has risen 3.98% and is uptrending. ORCL underperformed the S&P 500 by 8.59%.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide.The firm is worth $175.37 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.48.94 is the 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.

For more Oracle Corporation (NYSE:ORCL) news released briefly go to: Seekingalpha.com, 247Wallst.com, Streetinsider.com, Fool.com or Seekingalpha.com. The titles are as follows: “Oracle Hit From All Sides: IaaS Cloud And Programmatic” released on June 25, 2018, “Jefferies Says Value Stocks Are Very Cheap: 4 Top Picks to Buy Now” on June 27, 2018, “UPDATE: Oracle (ORCL) PT Lowered to $59 at Nomura/Instinet” with a publish date: June 29, 2018, “Oracle’s “Nothing Burger” Causes Heartburn for Investors” and the last “No Love For Oracle: Is There An Opportunity?” with publication date: June 10, 2018.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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