As American Eagle Outfitters (AEO) Shares Declined, Shareholder S&T Bank Lifted Holding; As Oracle (ORCL) Market Value Rose, Shareholder New York State Teachers Retirement System Has Trimmed Its Position

December 8, 2017 - By Marguerite Chambers

S&T Bank increased its stake in American Eagle Outfitters (AEO) by 3.36% based on its latest 2017Q2 regulatory filing with the SEC. S&T Bank bought 30,120 shares as the company’s stock declined 29.04% while stock markets rallied. The institutional investor held 927,426 shares of the consumer services company at the end of 2017Q2, valued at $11.18 million, up from 897,306 at the end of the previous reported quarter. S&T Bank who had been investing in American Eagle Outfitters for a number of months, seems to be bullish on the $2.96 billion market cap company. The stock increased 1.45% or $0.24 during the last trading session, reaching $16.74. About 9.10M shares traded or 123.69% up from the average. American Eagle Outfitters, Inc. (NYSE:AEO) has declined 31.50% since December 8, 2016 and is downtrending. It has underperformed by 48.20% the S&P500.

New York State Teachers Retirement System decreased its stake in Oracle Corp (ORCL) by 1.86% based on its latest 2017Q2 regulatory filing with the SEC. New York State Teachers Retirement System sold 99,921 shares as the company’s stock rose 5.35% with the market. The institutional investor held 5.26M shares of the prepackaged software company at the end of 2017Q2, valued at $263.76 million, down from 5.36M at the end of the previous reported quarter. New York State Teachers Retirement System who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $202.50 billion market cap company. The stock increased 0.21% or $0.1 during the last trading session, reaching $48.52. About 13.48M shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since December 8, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle has $65 highest and $37 lowest target. $53.40’s average target is 10.06% above currents $48.52 stock price. Oracle had 97 analyst reports since July 30, 2015 according to SRatingsIntel. On Wednesday, July 5 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The firm earned “Outperform” rating on Thursday, June 22 by BMO Capital Markets. On Thursday, March 16 the stock rating was maintained by BMO Capital Markets with “Outperform”. The rating was maintained by Deutsche Bank on Friday, June 17 with “Hold”. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Friday, December 16 by Stifel Nicolaus. The company was maintained on Friday, September 15 by William Blair. Cowen & Co maintained it with “Buy” rating and $55.0 target in Monday, September 11 report. As per Friday, September 15, the company rating was maintained by Jefferies. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Nomura on Thursday, September 17. UBS maintained the shares of ORCL in report on Thursday, June 22 with “Buy” rating.

New York State Teachers Retirement System, which manages about $39.16 billion US Long portfolio, upped its stake in Ross Stores Inc (NASDAQ:ROST) by 15,969 shares to 674,914 shares, valued at $38.96M in 2017Q2, according to the filing. It also increased its holding in Csra Inc Com by 14,008 shares in the quarter, for a total of 239,424 shares, and has risen its stake in E Trade Financial Corp (NASDAQ:ETFC).

Investors sentiment is 0.95 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 49 investors sold ORCL shares while 572 reduced holdings. only 140 funds opened positions while 449 raised stakes. 2.35 billion shares or 0.02% less from 2.35 billion shares in 2017Q1 were reported. Front Barnett Associate Limited Company invested in 0.87% or 95,465 shares. Smith Chas P And Assoc Pa Cpas holds 103,029 shares. Bartlett And Limited Liability Corp reported 1.07% stake. The California-based First Pacific Advsrs Ltd Liability Corp has invested 8.13% in Oracle Corporation (NYSE:ORCL). Price T Rowe Associates Md invested 0.05% of its portfolio in Oracle Corporation (NYSE:ORCL). Toth Fin Advisory reported 0.45% of its portfolio in Oracle Corporation (NYSE:ORCL). Lloyds Bk Pcl invested in 6,092 shares. Keybank Association Oh has 0.75% invested in Oracle Corporation (NYSE:ORCL) for 2.50M shares. Anderson Hoagland & reported 12,980 shares or 0.42% of all its holdings. New York-based Seminole has invested 1.5% in Oracle Corporation (NYSE:ORCL). Canada Pension Plan Invest Board holds 0.46% of its portfolio in Oracle Corporation (NYSE:ORCL) for 4.05M shares. Rocky Mountain Advisers Limited Liability holds 0.06% or 252 shares. Clifford Swan Counsel Limited Liability Company has invested 1.44% of its portfolio in Oracle Corporation (NYSE:ORCL). Morgan Stanley has invested 0.25% in Oracle Corporation (NYSE:ORCL). Global Thematic Ptnrs Limited Liability Com reported 2.70M shares.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Livetradingnews.com which released: “Oracle Corporation (NYSE:ORCL) Mixed Signals” on December 04, 2017, also Seekingalpha.com with their article: “Oracle Is Overvalued” published on December 03, 2017, Seekingalpha.com published: “Oracle Tries To End 2017 In The Clouds” on November 26, 2017. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Nasdaq.com and their article: “Is Oracle Corporation (ORCL) a Great Stock for Value Investors?” published on November 13, 2017 as well as Twst.com‘s news article titled: “Oracle Corporation: Oracle Sets the Date for its Second Quarter Fiscal Year …” with publication date: December 05, 2017.

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 $2.59 billion for 19.56 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.

S&T Bank, which manages about $550.27 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 8,540 shares to 147,130 shares, valued at $10.14M in 2017Q2, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 2,787 shares in the quarter, leaving it with 56,709 shares, and cut its stake in Parexel Intl Corp (NASDAQ:PRXL).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: