Nwq Investment Management Company LLC Has Trimmed Its Holding in Oracle Corp (ORCL) by $17.19 Million as Market Valuation Declined

April 16, 2018 - By Marie Mckinney

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It increased, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. Commerce Of Toledo Na Oh has invested 0.97% in Oracle Corporation (NYSE:ORCL). Vestor Capital Limited holds 0.47% of its portfolio in Oracle Corporation (NYSE:ORCL) for 46,340 shares. Catawba Capital Va accumulated 1.04% or 97,526 shares. 522,645 are owned by Janney Montgomery Scott Limited Co. Endurance Wealth Mngmt Incorporated owns 1.38% invested in Oracle Corporation (NYSE:ORCL) for 181,595 shares. Hyman Charles D has invested 1.15% in Oracle Corporation (NYSE:ORCL). Artemis Invest Management Llp holds 1.37% of its portfolio in Oracle Corporation (NYSE:ORCL) for 1.74 million shares. Moreover, Schaper Benz & Wise Counsel Incorporated Wi has 1.74% invested in Oracle Corporation (NYSE:ORCL). Amf Pensionsforsakring holds 3.25 million shares or 1.51% of its portfolio. First National Co stated it has 0.6% in Oracle Corporation (NYSE:ORCL). Boys Arnold And Inc has 0.32% invested in Oracle Corporation (NYSE:ORCL). Blb&B Advsrs Ltd Com, a Pennsylvania-based fund reported 5,756 shares. Kentucky Retirement System Insur Tru Fund, a Kentucky-based fund reported 80,909 shares. Pillar Pacific Cap Management Ltd Liability Corporation, a California-based fund reported 180,430 shares. 3.69M were accumulated by Cornerstone Invest Partners Limited Liability Company.

Nwq Investment Management Company Llc decreased its stake in Oracle Corp (ORCL) by 10.78% based on its latest 2017Q4 regulatory filing with the SEC. Nwq Investment Management Company Llc sold 365,733 shares as the company’s stock declined 4.18% with the market. The institutional investor held 3.03M shares of the prepackaged software company at the end of 2017Q4, valued at $143.17M, down from 3.39M at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $187.30B market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $45.88. About 4.16M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 16, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Nwq Investment Management Company Llc, which manages about $13.77B and $7.70 billion US Long portfolio, upped its stake in Allergan Plc by 88,573 shares to 225,549 shares, valued at $36.90 million in 2017Q4, according to the filing. It also increased its holding in Globus Med Inc (NYSE:GMED) by 375,234 shares in the quarter, for a total of 1.25 million shares, and has risen its stake in Axis Capital Holdings Ltd (NYSE:AXS).

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 19 analysts covering Oracle Corp (NYSE:ORCL), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Oracle Corp had 22 analyst reports since October 17, 2017 according to SRatingsIntel. The company was maintained on Tuesday, March 20 by BMO Capital Markets. Rosenblatt maintained Oracle Corporation (NYSE:ORCL) rating on Friday, December 15. Rosenblatt has “Buy” rating and $58.0 target. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, October 19. Stifel Nicolaus has “Buy” rating and $53.0 target. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, December 15. The company was downgraded on Tuesday, March 20 by Stifel Nicolaus. Cowen & Co maintained the stock with “Buy” rating in Monday, October 23 report. On Wednesday, January 3 the stock rating was upgraded by Morgan Stanley to “Overweight”. Canaccord Genuity maintained the stock with “Buy” rating in Friday, December 15 report. On Thursday, February 15 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was maintained by Credit Suisse on Tuesday, March 20 with “Outperform”.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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