As Oracle Corp (ORCL) Market Value Rose, Zeke Capital Advisors LLC Increased Its Stake by $8.45 Million

September 16, 2018 - By Yee Bell

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.82 in Q2 2018. 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. 10,348 are owned by Cim Invest Mangement. Dimensional Fund Advsr Limited Partnership owns 7.83M shares or 0.14% of their US portfolio. Iowa Bancorp holds 37,361 shares or 0.79% of its portfolio. Salem Counselors reported 10,722 shares. Sit Invest Assocs has 9,200 shares. North Star Inv Mgmt stated it has 9,525 shares or 0.05% of all its holdings. Atlas Browninc has invested 0.39% of its portfolio in Oracle Corporation (NYSE:ORCL). Kistler reported 7,408 shares. Quadrant Cap stated it has 1.7% in Oracle Corporation (NYSE:ORCL). Gradient Limited holds 2,018 shares. Gideon Advsr Inc stated it has 6,602 shares or 0.15% of all its holdings. Mairs And has 32,092 shares for 0.02% of their portfolio. Welch And Forbes Ltd Com accumulated 135,100 shares. Bank Of Nova Scotia Trust has 42,090 shares. Jpmorgan Chase And Com reported 19.56 million shares.

Zeke Capital Advisors Llc increased its stake in Oracle Corp (ORCL) by 252.16% based on its latest 2018Q2 regulatory filing with the SEC. Zeke Capital Advisors Llc bought 192,120 shares as the company’s stock rose 2.22% with the market. The hedge fund held 268,311 shares of the prepackaged software company at the end of 2018Q2, valued at $11.82 million, up from 76,191 at the end of the previous reported quarter. Zeke Capital Advisors Llc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $196.07B market cap company. The stock increased 0.59% or $0.29 during the last trading session, reaching $49.25. About 20.07 million shares traded or 6.91% up from the average. Oracle Corporation (NYSE:ORCL) has declined 6.50% since September 16, 2017 and is downtrending. It has underperformed by 22.12% the S&P500.

Zeke Capital Advisors Llc, which manages about $2.12 billion and $1.05B US Long portfolio, decreased its stake in Vanguard Index Fds (VUG) by 36,342 shares to 347,769 shares, valued at $52.10 million in 2018Q2, according to the filing. It also reduced its holding in Ishares Tr (IWM) by 24,424 shares in the quarter, leaving it with 99,690 shares, and cut its stake in Ishares Tr (ACWX).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle Earnings Preview: Recent History Suggests A Move Down After The Report” on September 10, 2018, also Seekingalpha.com with their article: “Stocks To Watch: Oracle Looks To Lift Tech Sector” published on September 15, 2018, Benzinga.com published: “ORCL: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Oracle Corporation; Important …” on September 14, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Globenewswire.com and their article: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TSLA, PDD, ORCL, LOGM, NLSN …” published on September 16, 2018 as well as 247Wallst.com‘s news article titled: “Oracle, Micron, FedEx and More Major Earnings Coming This Week” with publication date: September 16, 2018.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 19 analysts covering Oracle (NYSE:ORCL), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. Oracle had 21 analyst reports since March 20, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, March 20 by Bank of America. Barclays Capital maintained the stock with “Overweight” rating in Friday, September 7 report. Bernstein maintained the stock with “Buy” rating in Wednesday, June 20 report. As per Wednesday, June 20, the company rating was maintained by Stifel Nicolaus. Nomura maintained Oracle Corporation (NYSE:ORCL) on Friday, June 29 with “Buy” rating. The rating was maintained by Raymond James with “Outperform” on Thursday, June 28. The firm has “Buy” rating by Nomura given on Thursday, June 14. Rosenblatt downgraded the stock to “Neutral” rating in Wednesday, June 20 report. The rating was maintained by Cowen & Co on Wednesday, June 20 with “Buy”. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Tuesday, March 20. BMO Capital Markets has “Outperform” rating and $53 target.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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