Factory Mutual Insurance Company Boosted Position in Oracle Corp (ORCL) as Valuation Rose

September 15, 2018 - By Lisa Delgado

Oracle Corporation (NYSE:ORCL) LogoInvestors sentiment decreased to 0.82 in 2018 Q2. Its down 0.05, from 0.87 in 2018Q1. It turned negative, 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. Bernzott invested 0.95% of its portfolio in Oracle Corporation (NYSE:ORCL). Boltwood Management has invested 0.81% in Oracle Corporation (NYSE:ORCL). Glovista Ltd Company holds 0.14% or 13,019 shares in its portfolio. Benjamin F Edwards has 63,156 shares for 0.27% of their portfolio. Iowa Comml Bank reported 0.79% of its portfolio in Oracle Corporation (NYSE:ORCL). Fiduciary Tru holds 0.33% in Oracle Corporation (NYSE:ORCL) or 250,405 shares. Natl Pension Service, a Korea-based fund reported 2.75M shares. Archford Cap Strategies Limited Com invested 0.18% of its portfolio in Oracle Corporation (NYSE:ORCL). Pineno Levin And Ford Asset Mngmt accumulated 7,600 shares or 0.15% of the stock. Clarivest Asset Mngmt Ltd holds 0% or 3,927 shares. Gillespie Robinson Grimm stated it has 595,954 shares. Financial Management Pro has invested 0.02% in Oracle Corporation (NYSE:ORCL). New Jersey Better Educational Savings Tru has 6,000 shares for 0.29% of their portfolio. Flossbach Von Storch Ag invested in 1.44% or 3.34M shares. Live Your Vision Lc reported 0.01% of its portfolio in Oracle Corporation (NYSE:ORCL).

Factory Mutual Insurance Company increased its stake in Oracle Corp (ORCL) by 17.1% based on its latest 2018Q2 regulatory filing with the SEC. Factory Mutual Insurance Company bought 361,900 shares as the company’s stock rose 2.22% with the market. The institutional investor held 2.48M shares of the prepackaged software company at the end of 2018Q2, valued at $109.22M, up from 2.12M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Oracle Corp for a number of months, seems to be bullish on the $196.07 billion market cap company. The stock increased 0.59% or $0.29 during the last trading session, reaching $49.25. About 20.07M shares traded or 6.08% up from the average. Oracle Corporation (NYSE:ORCL) has declined 6.50% since September 15, 2017 and is downtrending. It has underperformed by 22.12% the S&P500.

Factory Mutual Insurance Company, which manages about $9.32B US Long portfolio, decreased its stake in Tjx Cos Inc New (NYSE:TJX) by 326,900 shares to 452,000 shares, valued at $43.02 million in 2018Q2, according to the filing. It also reduced its holding in Home Depot Inc (NYSE:HD) by 25,100 shares in the quarter, leaving it with 563,700 shares, and cut its stake in Spdr Series Trust (XOP).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Benzinga.com which released: “Mike Khouw Sees Unusual Options Activity In Oracle” on September 05, 2018, also Seekingalpha.com with their article: “Oracle Earnings Preview: Recent History Suggests A Move Down After The Report” published on September 10, 2018, Seekingalpha.com published: “Stocks To Watch: Oracle Looks To Lift Tech Sector” on September 15, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: TSLA LCI CBS ORCL LOGM NLSN ZN RMTI HMNY SKX: The Law Offices of Vincent Wong …” published on September 13, 2018 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for ORCL and HMNY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of …” with publication date: September 14, 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 rating was downgraded by Stifel Nicolaus on Tuesday, March 20 to “Hold”. As per Tuesday, March 20, the company rating was maintained by BMO Capital Markets. The stock of Oracle Corporation (NYSE:ORCL) has “Overweight” rating given on Friday, September 7 by Barclays Capital. On Thursday, June 14 the stock rating was maintained by Nomura with “Buy”. The rating was maintained by Nomura with “Buy” on Friday, June 29. The firm earned “Sector Weight” rating on Tuesday, March 20 by KeyBanc Capital Markets. On Wednesday, June 20 the stock rating was maintained by UBS with “Neutral”. On Wednesday, June 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Hold” rating on Thursday, June 14 by J.P. Morgan. Credit Suisse maintained Oracle Corporation (NYSE:ORCL) rating on Tuesday, March 20. Credit Suisse has “Outperform” rating and $60 target.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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