Ngam Advisors LP Increased Its Oracle Corp (ORCL) Stake by $16.43 Million as Shares Declined

May 3, 2018 - By Heather Owens

Oracle Corporation (NYSE:ORCL) Corporate LogoBig Money Sentiment increased to 1.15 in Q4 2017. It has change of 0.02, from 2017Q3’s 1.13. The ratio increased due to ORCL positioning: 80 sold and 488 reduced. 126 funds bought positions and 526 increased positions. Investors holded 2.32 billion in 2017Q3 but now own 2.29 billion shares or 1.37% less. The New York-based Jpmorgan Chase And has invested 0.12% in Oracle Corporation (NYSE:ORCL). Wharton Business Gru Llc reported 0.3% stake. Novare Capital Management Ltd owns 0.71% invested in Oracle Corporation (NYSE:ORCL) for 88,692 shs. Stock Yards Bank & Comm owns 44,518 shs or 0.23% of their US capital. Leisure Cap Management holds 1.13% of its capital in Oracle Corporation (NYSE:ORCL) for 28,687 shs. Dimensional Fund Advsrs LP invested 0.14% of its capital in Oracle Corporation (NYSE:ORCL). Amica Retiree Med accumulated 1.04% or 29,122 shs. 86,425 are owned by Meiji Yasuda Life Insur. Wedgewood Invsts Pa reported 4,510 shs. Klingenstein Fields Lc invested in 0.72% or 414,976 shs. Coastline Tru has invested 0.59% of its capital in Oracle Corporation (NYSE:ORCL). Financial Bank Of America De stated it has 0.23% in Oracle Corporation (NYSE:ORCL). Regent Investment Ltd Liability owns 33,119 shs for 0.51% of their capital. St Germain D J owns 1.06% invested in Oracle Corporation (NYSE:ORCL) for 187,118 shs. Intrust National Bank & Trust Na reported 0.32% stake.

In Oracle Corp (ORCL) was rose the holdings held by Ngam Advisors Lp. The decrease is 14.13% according to 2017Q4 SEC filling. 349,636 shares were bought by Ngam Advisors Lp as the company’s stock declined 4.18% with the market. At the end of 2017Q4, the 2.82M shares of the prepackaged software company held by the institutional investor were priced at $133.48M, up from 2.47 million at the end of the previous reported quarter. $182.30 billion is Oracle Corp’s market cap. ORCL is hitting $44.655 during the last trading session, after decreased 1.88%.Oracle Corporation has volume of 4.04 million shares. Since May 3, 2017 ORCL has risen 1.20% and is uptrending. ORCL underperformed by 10.35% the S&P500.

A portfolio of $16.78 billion and $9.82B is managed by Ngam Advisors Lp. As it’s announced in SEC filling the stake in Lauder Estee Cos Inc (NYSE:EL) is reduced by 27,559 shares to 182,027 shares. They are valued at $23.16M in 2017Q4. For a total of 1.49M shares it reduced its holding in Coca Cola Co (NYSE:KO) by 70,037 shares in the quarter, and has cut its stake in Investors Bancorp (NASDAQ:ISBC).

Oracle Corporation (NYSE:ORCL) Ratings Coverage

In total 17 analysts cover Oracle (NYSE:ORCL). “Buy” rating has 11, “Sell” are 0, while 6 are “Hold”. 65% are bullish. With $64 highest and $53 lowest price target Oracle has $57.30 average price target or 28.32% above the current ($44.655) price. 19 are the (NYSE:ORCL)’s analyst reports since November 9, 2017 according to StockzIntelligence Inc. On Tuesday, March 20 the firm has “Outperform” rating given by BMO Capital Markets. On Friday, December 15 Raymond James maintained the shares of ORCL in report with “Buy” rating. On Tuesday, March 20 the rating was downgraded by Bank of America to “Neutral”. On Friday, December 15 the company was downgraded by RBC Capital Markets. On Thursday, March 15 the firm has “Hold” rating by RBC Capital Markets given. On Tuesday, March 20 the stock has “Outperform” rating by Credit Suisse. On Monday, March 12 the stock of Oracle Corporation (NYSE:ORCL) earned “Overweight” rating by Barclays Capital. The stock rating was maintained by BMO Capital Markets with “Outperform” on Friday, December 15. On Wednesday, January 3 Morgan Stanley upgraded the shares of ORCL in report to “Overweight” rating. On Tuesday, March 20 the stock of Oracle Corporation (NYSE:ORCL) has “Hold” rating given by Stifel Nicolaus.

Oracle Corporation (NYSE:ORCL) Institutional Investors Chart

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