Oracle Systems (NYSE:ORCL) Q2 2017 Sentiment Report

December 11, 2017 - By Louis Casey

 Oracle Systems (NYSE:ORCL)  Q2 2017 Sentiment Report

Sentiment for Oracle Systems (NYSE:ORCL)

Oracle Systems (NYSE:ORCL) institutional sentiment is 0.95 in Q2 2017. Its the same as in 2017Q1. The ratio has no change, as only 589 hedge funds increased or started new equity positions, while 621 decreased and sold equity positions in Oracle Systems. The hedge funds in our partner’s database now have: 2.35 billion shares, down from 2.35 billion shares in 2017Q1. Also, the number of hedge funds holding Oracle Systems in their top 10 equity positions increased from 88 to 113 for an increase of 25. Sold All: 49 Reduced: 572 Increased: 449 New Position: 140.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide. The company has market cap of $209.59 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. It has a 21.84 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.

The stock increased 1.25% or $0.62 during the last trading session, reaching $50.22. About 4.96 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since December 11, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on December, 21. They expect $0.62 EPS, up 12.73 % or $0.07 from last year’s $0.55 per share. ORCL’s profit will be $2.59B for 20.25 P/E if the $0.62 EPS becomes a reality. After $0.55 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 12.73 % EPS growth.

Ruffer Llp holds 14.42% of its portfolio in Oracle Corporation for 5.94 million shares. Caledonia Investments Plc owns 862,500 shares or 12.25% of their US portfolio. Moreover, Black Creek Investment Management Inc. has 10.8% invested in the company for 4.06 million shares. The Alabama-based Vulcan Value Partners Llc has invested 9.84% in the stock. International Value Advisers Llc, a New York-based fund reported 5.30 million shares.#img1#

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Ratings analysis reveals 74% of Oracle’s analysts are positive. Out of 38 Wall Street analysts rating Oracle, 28 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $37 while the high is $65. The stock’s average target of $53.40 is 6.33% above today’s ($50.22) share price. ORCL was included in 97 notes of analysts from July 30, 2015. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, June 22. RBC Capital Markets has “Outperform” rating and $53 target. The company was maintained on Thursday, June 22 by Stifel Nicolaus. The rating was upgraded by Goldman Sachs to “Conviction Buy” on Monday, November 16. The rating was initiated by Macquarie Research with “Outperform” on Tuesday, April 26. The company was maintained on Friday, September 15 by Barclays Capital. The rating was maintained by BMO Capital Markets with “Buy” on Monday, October 2. The firm earned “Buy” rating on Thursday, August 24 by Canaccord Genuity. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Thursday, March 16 with “Outperform” rating. On Wednesday, March 16 the stock rating was maintained by UBS with “Buy”. The firm has “Sector Weight” rating given on Monday, October 19 by Pacific Crest.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle Tries To End 2017 In The Clouds” on November 26, 2017, also Nasdaq.com with their article: “Is Oracle Corporation (ORCL) a Great Stock for Value Investors?” published on November 13, 2017, Livetradingnews.com published: “Oracle Corporation (NYSE:ORCL) Bullish Divergence” on December 11, 2017. 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: Running In Place” with publication date: December 08, 2017.

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