Oracle Corp (ORCL) Position Has Boosted by Platinum Investment Management Ltd

October 12, 2017 - By Peter Erickson

Investors sentiment is 0.95 in 2017 Q2. Its the same as in 2017Q1. It is flat, 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. Baystate Wealth Limited holds 2,439 shares or 0.02% of its portfolio. Cohen Klingenstein Limited Com holds 0.33% of its portfolio in Oracle Corporation (NYSE:ORCL) for 42,700 shares. Cna Finance reported 2.51% stake. 197,770 are owned by Tdam Usa. Live Your Vision Limited Liability Company invested 0% of its portfolio in Oracle Corporation (NYSE:ORCL). Birch Hill Invest Advsr Ltd Liability reported 0.49% of its portfolio in Oracle Corporation (NYSE:ORCL). First Bank & Of Newtown holds 0.1% or 6,500 shares. Quantbot Technologies LP owns 13,506 shares. Chevy Chase Trust Inc reported 2.67M shares. National Planning stated it has 27,269 shares or 0.1% of all its holdings. Moors & Cabot holds 0.12% or 13,922 shares in its portfolio. Rocky Mountain Advisers Ltd invested in 0.06% or 252 shares. Fishman Jay A Limited Mi stated it has 0% in Oracle Corporation (NYSE:ORCL). Telemark Asset Mgmt Ltd Limited Liability Company accumulated 230,000 shares or 2.49% of the stock. Parsec Fin Mngmt accumulated 64,024 shares.

Kerr Neilson increased its stake in Oracle Corp (ORCL) by 29.15% based on its latest 2017Q2 regulatory filing with the SEC. Platinum Investment Management Ltd bought 1.29 million shares as the company’s stock rose 5.35% with the market. The hedge fund run by Kerr Neilson held 5.73 million shares of the prepackaged software company at the end of 2017Q2, valued at $287.30M, up from 4.44 million at the end of the previous reported quarter. Platinum Investment Management Ltd who had been investing in Oracle Corp for a number of months, seems to be bullish on the $201.02B market cap company. It is 0.00% or $0 reaching $48.28 per share. It is down 14.08% since October 12, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Platinum Investment Management Ltd, which manages about $22.00B and $3.68 billion US Long portfolio, decreased its stake in Nielsen Hldgs Plc by 205,024 shares to 2.54 million shares, valued at $98.00M in 2017Q2, according to the filing. It also reduced its holding in Jd Com Inc (NASDAQ:JD) by 488,000 shares in the quarter, leaving it with 1.30M shares, and cut its stake in Baidu Inc (NASDAQ:BIDU).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “3 Reasons To Buy Oracle” on September 26, 2017, also Nasdaq.com with their article: “Oracle Corporation (ORCL) Ex-Dividend Date Scheduled for October 10, 2017” published on October 09, 2017, Seekingalpha.com published: “Oracle: New Products And Sales Incentives To Take On AWS” on October 03, 2017. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle: The Focus On The Cloud Will Pay Off” published on September 18, 2017 as well as Seekingalpha.com‘s news article titled: “Oracle Launches Critical New Cloud Product” with publication date: October 04, 2017.

Oracle Corporation (NYSE:ORCL) Ratings Coverage

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 92 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was upgraded by Jefferies to “Buy” on Thursday, July 30. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, June 29 report. RBC Capital Markets maintained the stock with “Buy” rating in Friday, August 25 report. As per Friday, September 15, the company rating was maintained by UBS. BTIG Research initiated the stock with “Buy” rating in Thursday, September 10 report. The stock of Oracle Corporation (NYSE:ORCL) earned “Hold” rating by William Blair on Friday, September 15. The firm earned “Mkt Perform” rating on Wednesday, October 14 by JMP Securities. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Jefferies on Tuesday, June 20. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, June 22. BMO Capital Markets has “Outperform” rating and $57 target. Drexel Hamilton initiated the stock with “Buy” rating in Saturday, October 10 report.

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