Ngam Advisors LP Holding in Oracle Corp (ORCL) Lifted as Valuation Declined

April 23, 2018 - By Clifton Ray

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It is positive, 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. Amarillo Bancshares owns 47,838 shares or 0.75% of their US portfolio. Dupont Capital Mgmt reported 0.44% in Oracle Corporation (NYSE:ORCL). Allsquare Wealth Mngmt Lc accumulated 1,300 shares or 0.05% of the stock. Ascend Cap Limited Liability Company reported 0.31% in Oracle Corporation (NYSE:ORCL). Shine Inv Advisory Inc has invested 0.04% in Oracle Corporation (NYSE:ORCL). Texas Permanent School Fund holds 0.49% or 831,702 shares in its portfolio. Tctc Lc stated it has 6,332 shares or 0.02% of all its holdings. Stevens Mngmt Lp owns 0.63% invested in Oracle Corporation (NYSE:ORCL) for 342,511 shares. Impax Asset Ltd Llc invested in 418,837 shares or 1.14% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt reported 381,700 shares. Advsr Ok reported 9,500 shares. Pinnacle Fincl Prns Inc holds 0.58% or 116,786 shares in its portfolio. Altrinsic Advsr Limited accumulated 570,505 shares. Fukoku Mutual Life Ins has invested 0.08% in Oracle Corporation (NYSE:ORCL). Btim Corp reported 1.15% of its portfolio in Oracle Corporation (NYSE:ORCL).

Ngam Advisors Lp increased its stake in Oracle Corp (ORCL) by 14.13% based on its latest 2017Q4 regulatory filing with the SEC. Ngam Advisors Lp bought 349,636 shares as the company’s stock declined 4.18% with the market. The institutional investor held 2.82M shares of the prepackaged software company at the end of 2017Q4, valued at $133.48M, up from 2.47M at the end of the previous reported quarter. Ngam Advisors Lp who had been investing in Oracle Corp for a number of months, seems to be bullish on the $188.56B market cap company. The stock decreased 0.09% or $0.04 during the last trading session, reaching $46.19. About 4.58M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 23, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Ngam Advisors Lp, which manages about $16.78B and $9.82B US Long portfolio, decreased its stake in Amphenol Corp (NYSE:APH) by 41,443 shares to 45,622 shares, valued at $4.01M in 2017Q4, according to the filing. It also reduced its holding in Synopsys Inc (NASDAQ:SNPS) by 48,472 shares in the quarter, leaving it with 41,905 shares, and cut its stake in Wyndham Worldwide Corp (NYSE:WYN).

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 17 analysts covering Oracle (NYSE:ORCL), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Oracle had 19 analyst reports since November 9, 2017 according to SRatingsIntel. The company was maintained on Friday, December 15 by BMO Capital Markets. The stock of Oracle Corporation (NYSE:ORCL) has “Sector Weight” rating given on Tuesday, March 20 by KeyBanc Capital Markets. The firm earned “Buy” rating on Thursday, November 9 by UBS. Bank of America downgraded the stock to “Neutral” rating in Tuesday, March 20 report. Piper Jaffray maintained the shares of ORCL in report on Thursday, February 15 with “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $55.0 target in Thursday, March 15 report. Credit Suisse maintained Oracle Corporation (NYSE:ORCL) on Tuesday, March 20 with “Outperform” rating. As per Tuesday, March 20, the company rating was downgraded by Stifel Nicolaus. RBC Capital Markets downgraded the shares of ORCL in report on Friday, December 15 to “Sector Perform” rating. As per Friday, December 15, the company rating was maintained by Rosenblatt.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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