Boston Partners Decreased Oracle Corp (ORCL) Stake by $15.95 Million; Stock Value Rose

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.82 in 2018 Q2. Its down 0.05, from 0.87 in 2018Q1. It dived, 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. Balyasny Asset Management Ltd Llc reported 71,653 shares. Neuberger Berman Gru Limited Liability stated it has 8.01 million shares. Halbert Hargrove Russell Ltd Liability Corporation reported 7,122 shares stake. Martin And Tn has 29,862 shares for 0.42% of their portfolio. Cordasco Financial Ntwk holds 400 shares. Wealth Architects Ltd Limited Liability Company has 8,185 shares. Evercore Wealth owns 136,495 shares. Calamos Advsrs Lc owns 0.17% invested in Oracle Corporation (NYSE:ORCL) for 639,230 shares. Pennsylvania-based Addison has invested 1.95% in Oracle Corporation (NYSE:ORCL). Redmond Asset Mngmt holds 0.68% or 36,550 shares. Cs Mckee Limited Partnership accumulated 373,804 shares or 1.4% of the stock. Sit Inv Assoc Inc invested in 9,200 shares. Amf Pensionsforsakring reported 2.98M shares. Neumann Management Ltd Liability stated it has 2.81% of its portfolio in Oracle Corporation (NYSE:ORCL). Schaper Benz Wise Invest Counsel Inc Wi reported 1.64% of its portfolio in Oracle Corporation (NYSE:ORCL).

Boston Partners decreased its stake in Oracle Corp (ORCL) by 1.48% based on its latest 2018Q2 regulatory filing with the SEC. Boston Partners sold 362,606 shares as the company’s stock rose 2.22% with the market. The institutional investor held 24.18 million shares of the prepackaged software company at the end of 2018Q2, valued at $1.07 billion, down from 24.54M at the end of the previous reported quarter. Boston Partners who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $185.68 billion market cap company. The stock decreased 1.01% or $0.5 during the last trading session, reaching $49.01. About 13.14M shares traded. Oracle Corporation (NYSE:ORCL) has declined 6.50% since November 14, 2017 and is downtrending. It has underperformed by 22.12% the S&P500.

Boston Partners, which manages about $53.18 billion and $83.44B US Long portfolio, upped its stake in Keycorp New (NYSE:KEY) by 1.40M shares to 27.72M shares, valued at $541.59 million in 2018Q2, according to the filing. It also increased its holding in Qorvo Inc by 45,069 shares in the quarter, for a total of 2.94M shares, and has risen its stake in Icon Plc (NASDAQ:ICLR).

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on December, 13. They expect $0.70 EPS, up 12.90 % or $0.08 from last year’s $0.62 per share. ORCL’s profit will be $2.65B for 17.50 P/E if the $0.70 EPS becomes a reality. After $0.62 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 12.90 % EPS growth.

Another recent and important Oracle Corporation (NYSE:ORCL) news was published by Seekingalpha.com which published an article titled: “Oracle acquires AI company; Needham starts ORCL and Red Hat” on October 23, 2018.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 17 analysts covering Oracle Corp (NYSE:ORCL), 6 have Buy rating, 0 Sell and 11 Hold. Therefore 35% are positive. Oracle Corp had 22 analyst reports since May 17, 2018 according to SRatingsIntel. Bernstein maintained the shares of ORCL in report on Wednesday, June 20 with “Buy” rating. The stock has “Neutral” rating by UBS on Wednesday, June 20. The firm has “Neutral” rating given on Tuesday, September 18 by Citigroup. The firm earned “Buy” rating on Tuesday, September 18 by Nomura. The stock of Oracle Corporation (NYSE:ORCL) has “Hold” rating given on Tuesday, September 18 by Stifel Nicolaus. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Nomura on Thursday, June 14. The firm has “Buy” rating given on Wednesday, June 20 by Cowen & Co. The firm has “Outperform” rating by Raymond James given on Thursday, June 28. The rating was downgraded by J.P. Morgan on Thursday, June 14 to “Hold”. Bank of America maintained Oracle Corporation (NYSE:ORCL) on Tuesday, September 18 with “Neutral” rating.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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