Shareholder Commerce Bank Lifted Oracle Corp (ORCL) Holding

December 20, 2017 - By Vivian Currie

Investors sentiment is 0.95 in Q2 2017. Its the same as in 2017Q1. It is the same, 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. Loring Wolcott & Coolidge Fiduciary Advisors Ltd Liability Partnership Ma owns 4,950 shares. Arrowstreet Capital Limited Partnership holds 0.43% or 2.84 million shares. Janney Montgomery Scott Ltd Company has invested 0.25% of its portfolio in Oracle Corporation (NYSE:ORCL). Lenox Wealth Inc has 3,511 shares. Moreover, Investment Counsel Incorporated has 1.36% invested in Oracle Corporation (NYSE:ORCL) for 61,088 shares. Swarthmore Grp Inc has 255,500 shares. Birch Hill Inv Advsr Limited Liability Com accumulated 109,503 shares. Columbia Asset, a Michigan-based fund reported 32,024 shares. Financial Bank Of Montreal Can holds 3.74 million shares or 0.18% of its portfolio. Narwhal Capital Mngmt reported 14,965 shares. The North Carolina-based Holderness Investments has invested 0.82% in Oracle Corporation (NYSE:ORCL). Moreover, Greatmark Invest Partners has 0.09% invested in Oracle Corporation (NYSE:ORCL) for 4,540 shares. Kdi Cap Prtnrs Ltd Limited Liability Company has invested 0.56% in Oracle Corporation (NYSE:ORCL). Azimuth Capital Mngmt Ltd Limited Liability Company has invested 0.1% in Oracle Corporation (NYSE:ORCL). State Of Tennessee Treasury Department stated it has 0.39% in Oracle Corporation (NYSE:ORCL).

Commerce Bank increased its stake in Oracle Corp (ORCL) by 20.2% based on its latest 2017Q2 regulatory filing with the SEC. Commerce Bank bought 168,112 shares as the company’s stock rose 5.35% with the market. The institutional investor held 1.00M shares of the prepackaged software company at the end of 2017Q2, valued at $50.16M, up from 832,224 at the end of the previous reported quarter. Commerce Bank who had been investing in Oracle Corp for a number of months, seems to be bullish on the $199.58B market cap company. The stock increased 0.23% or $0.11 during the last trading session, reaching $47.82. About 28.66M shares traded or 81.86% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since December 20, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Commerce Bank, which manages about $7.13 billion US Long portfolio, decreased its stake in Kar Auction Svcs Inc (NYSE:KAR) by 94,741 shares to 302,525 shares, valued at $12.70 million in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (IWF) by 33,320 shares in the quarter, leaving it with 824,033 shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Benzinga.com which released: “Oracle Earnings Preview: Will Cloud Drive Growth Again?” on December 13, 2017, also Seekingalpha.com with their article: “Oracle Is Overvalued” published on December 03, 2017, Seekingalpha.com published: “Oracle: In For The Long Haul” on December 15, 2017. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Cnbc.com and their article: “Oracle to buy Australia’s Aconex for $1.19 billion” published on December 18, 2017 as well as Seekingalpha.com‘s news article titled: “Oracle Falls On Q2 Guidance: A Reassessment” with publication date: December 18, 2017.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 38 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 11 Hold. Therefore 71% are positive. Oracle has $65 highest and $37 lowest target. $53.21’s average target is 11.27% above currents $47.82 stock price. Oracle had 102 analyst reports since July 30, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $6000 target in Monday, July 24 report. The company was maintained on Wednesday, June 21 by Drexel Hamilton. The rating was maintained by Jefferies on Friday, August 25 with “Buy”. The firm earned “Buy” rating on Thursday, September 14 by Canaccord Genuity. As per Wednesday, September 16, the company rating was upgraded by SunTrust. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Stifel Nicolaus on Friday, September 23. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, October 19. Stifel Nicolaus has “Buy” rating and $53.0 target. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Monday, July 17 by KeyBanc Capital Markets. BMO Capital Markets maintained the shares of ORCL in report on Thursday, March 16 with “Outperform” rating. Jefferies maintained Oracle Corporation (NYSE:ORCL) rating on Friday, September 15. Jefferies has “Buy” rating and $61 target.

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