Oracle Corp (ORCL) Stock Price Rose While International Value Advisers LLC Has Raised by $54.19 Million Its Stake

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.82 in 2018 Q2. Its down 0.05, from 0.87 in 2018Q1. It dropped, as 73 investors sold ORCL shares while 564 reduced holdings. 107 funds opened positions while 414 raised stakes. 2.13 billion shares or 5.10% less from 2.24 billion shares in 2018Q1 were reported. Carnegie Cap Asset Mgmt Ltd Liability Co accumulated 153,182 shares. Cannell Peter B & Company Incorporated owns 6,250 shares for 0.01% of their portfolio. Princeton Portfolio Strategies Group Ltd Limited Liability Company invested in 0.25% or 19,529 shares. Mufg Americas invested in 0.23% or 168,757 shares. Plante Moran Fincl Advisors Ltd Limited Liability Company owns 7,031 shares. Edgemoor Invest Advisors Inc reported 10,439 shares or 0.06% of all its holdings. Lakewood LP owns 211,000 shares. Eaton Vance Mngmt accumulated 0.51% or 4.85 million shares. Veritas Investment Mgmt Limited Liability Partnership reported 23,300 shares. Regions Fincl reported 584,811 shares or 0.29% of all its holdings. Roundview Capital has 0.18% invested in Oracle Corporation (NYSE:ORCL) for 15,672 shares. Independent Franchise Prtnrs Llp stated it has 6.83% in Oracle Corporation (NYSE:ORCL). Nichols Pratt Advisers Llp Ma holds 0.06% or 14,200 shares in its portfolio. Sandy Spring Comml Bank holds 79,021 shares or 0.3% of its portfolio. Chevy Chase Hldg owns 2.59 million shares.

International Value Advisers Llc increased its stake in Oracle Corp (ORCL) by 24.61% based on its latest 2018Q2 regulatory filing with the SEC. International Value Advisers Llc bought 1.23M shares as the company’s stock rose 2.22% with the market. The hedge fund held 6.24 million shares of the prepackaged software company at the end of 2018Q2, valued at $274.72M, up from 5.00 million at the end of the previous reported quarter. International Value Advisers Llc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $184.73 billion market cap company. The stock increased 1.80% or $0.86 during the last trading session, reaching $48.76. About 22.88M shares traded or 16.40% up from the average. Oracle Corporation (NYSE:ORCL) has declined 6.50% since December 2, 2017 and is downtrending. It has underperformed by 22.12% the S&P500.

International Value Advisers Llc, which manages about $19.61 billion and $3.68 billion US Long portfolio, decreased its stake in Alphabet Inc. Class ‘C’ by 3,085 shares to 64,341 shares, valued at $71.78M in 2018Q2, according to the filing. It also reduced its holding in Berkshire Hathaway Inc. (BRKA) by 77 shares in the quarter, leaving it with 1,775 shares, and cut its stake in Amdocs Ltd (NASDAQ:DOX).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Streetinsider.com which released: “Oracle (ORCL) Says it’s Certified to Secure Government Communications – StreetInsider.com” on November 19, 2018, also Seekingalpha.com with their article: “EV Charging Gets $240M Push As Trump Threatens Cuts – Seeking Alpha” published on December 01, 2018, Bizjournals.com published: “Neustar to acquire fraud prevention company – Washington Business Journal” on November 29, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Berkshire buys JPMorgan, Oracle, exits Sanofi – Seeking Alpha” published on November 14, 2018 as well as Fool.com‘s news article titled: “How Innovative Is MongoDB? – Motley Fool” with publication date: November 29, 2018.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 16 analysts covering Oracle (NYSE:ORCL), 6 have Buy rating, 0 Sell and 10 Hold. Therefore 38% are positive. Oracle has $6300 highest and $48 lowest target. $54.27’s average target is 11.30% above currents $48.76 stock price. Oracle had 21 analyst reports since June 14, 2018 according to SRatingsIntel. Barclays Capital maintained Oracle Corporation (NYSE:ORCL) on Friday, September 7 with “Overweight” rating. The firm has “Buy” rating by Nomura given on Thursday, June 14. The firm has “Neutral” rating by Bank of America given on Tuesday, September 18. The rating was maintained by Stifel Nicolaus on Tuesday, September 18 with “Hold”. On Wednesday, June 20 the stock rating was maintained by UBS with “Neutral”. The stock of Oracle Corporation (NYSE:ORCL) earned “Outperform” rating by Wells Fargo on Tuesday, September 18. Bernstein maintained Oracle Corporation (NYSE:ORCL) rating on Wednesday, June 20. Bernstein has “Buy” rating and $6300 target. The firm earned “Buy” rating on Friday, June 29 by Nomura. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Nomura on Tuesday, September 18. On Friday, October 26 the stock rating was maintained by Nomura with “Buy”.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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