Oracle (ORCL) Shareholder Centre Asset Management Has Lifted Its Stake by $401,850; Capital Investment Advisors Has Upped Verizon (VZ) Stake

June 20, 2018 - By whatsonthorold

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Centre Asset Management Llc increased its stake in Oracle Corp (ORCL) by 6.33% based on its latest 2018Q1 regulatory filing with the SEC. Centre Asset Management Llc bought 8,930 shares as the company’s stock declined 8.15% with the market. The institutional investor held 150,080 shares of the prepackaged software company at the end of 2018Q1, valued at $6.87M, up from 141,150 at the end of the previous reported quarter. Centre Asset Management Llc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $188.89 billion market cap company. The stock decreased 0.54% or $0.25 during the last trading session, reaching $46.27. About 22.76M shares traded or 46.30% up from the average. Oracle Corporation (NYSE:ORCL) has risen 3.98% since June 20, 2017 and is uptrending. It has underperformed by 8.59% the S&P500. Some Historical ORCL News: 10/04/2018 – ORACLE CORP: ORACLE CONSTRUCTION & ENGINEERING INNOVATIONS EMPO; 10/05/2018 – Monster Announces Scott Gutz As Chief Executive Officer; 30/04/2018 – Voya Global Equity Adds PNC, Exits Wells Fargo, Cuts Oracle; 10/04/2018 – Seventy-Seven Percent Of Consumers Feel lnefficient Customer Service Experiences Detract From Their Quality of Life; 19/03/2018 – ORACLE’S ELLISON: MORE AUTONOMOUS DATABASE SERVICES COMING; 03/04/2018 – Bluecore Hires Two Former BlueKai/Oracle Leaders; Sets Its Sights on Retail Data; 11/04/2018 – Global Financial Analytics Market Report 2017-2021 with Key Players IBM, Microsoft, Oracle and SAP Dominating – ResearchAndMarkets.com; 17/04/2018 – Melissa Powers Native Data Quality for Oracle Users; 13/03/2018 – NETGEAR Joins Swrve Series D Funding Round After Successful Deployment of Swrve’s Customer Interaction Platform; 11/04/2018 – Mintigo Teams With Oracle to Enable Sales with AI Powered Prospecting Applications

Capital Investment Advisors Llc increased its stake in Verizon (VZ) by 11.11% based on its latest 2018Q1 regulatory filing with the SEC. Capital Investment Advisors Llc bought 26,075 shares as the company’s stock declined 1.16% with the market. The institutional investor held 260,872 shares of the telecommunications equipment company at the end of 2018Q1, valued at $12.48M, up from 234,797 at the end of the previous reported quarter. Capital Investment Advisors Llc who had been investing in Verizon for a number of months, seems to be bullish on the $200.40 billion market cap company. The stock increased 2.19% or $1.04 during the last trading session, reaching $48.5. About 25.07 million shares traded or 63.20% up from the average. Verizon Communications Inc. (NYSE:VZ) has risen 7.08% since June 20, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical VZ News: 19/03/2018 – CED Magazine: Verizon Tests Cisco Open-Source Networking Technology; 19/03/2018 – Verizon announces increase to waterfall cap, early participation results, and early settlement for tender offers for 13 series of notes; 20/04/2018 – VZ: HAVE DIFFERENCE OF OPINION W/PHONE EQUIPMENT MANUFACTURERS; 24/04/2018 – VERIZON – EXPECTS LOW SINGLE-DIGIT PERCENTAGE GROWTH IN ADJUSTED EPS IN 2018 BEFORE IMPACT OF TAX REFORM AND REVENUE RECOGNITION STANDARD; 15/05/2018 – CNBC Exclusive: CNBC Transcript: Verizon Chairman & CEO Lowell McAdam Speaks with CNBC’s David Faber Today; 27/03/2018 – Verizon Risk Report Transforms Security Decision Making; 23/04/2018 – iPhone Blog: AT&T, Verizon investigated for eSIM antitrust after complaint by Apple; 01/05/2018 – Phone Scoop: Samsung Agrees to Preload Verizon Bloatware on Galaxy Phones: Samsung will install mobile apps from Verizon’s Oath; 02/04/2018 – Verizon Communications Inc. CDS Widens 5 Bps, Most in 6 Months; 18/04/2018 – Oath Hires Former Alibaba Group Executive as President & COO

Among 44 analysts covering Oracle (NYSE:ORCL), 26 have Buy rating, 0 Sell and 18 Hold. Therefore 59% are positive. Oracle had 119 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Oracle Corporation (NYSE:ORCL) has “Outperform” rating given on Friday, December 15 by BMO Capital Markets. Wunderlich maintained the stock with “Hold” rating in Friday, June 17 report. Stifel Nicolaus maintained it with “Buy” rating and $45 target in Friday, September 23 report. The rating was maintained by BMO Capital Markets on Thursday, June 22 with “Outperform”. On Wednesday, June 21 the stock rating was maintained by Drexel Hamilton with “Buy”. BTIG Research initiated the shares of ORCL in report on Thursday, September 10 with “Buy” rating. As per Wednesday, January 6, the company rating was upgraded by Evercore. The stock has “Outperform” rating by Wedbush on Thursday, June 22. The stock has “Buy” rating by RBC Capital Markets on Sunday, July 23. The stock of Oracle Corporation (NYSE:ORCL) earned “Sector Perform” rating by RBC Capital Markets on Friday, December 15.

Centre Asset Management Llc, which manages about $811.26 million and $432.81 million US Long portfolio, decreased its stake in Adobe Systems Inc (NASDAQ:ADBE) by 19,220 shares to 43,980 shares, valued at $9.50 million in 2018Q1, according to the filing. It also reduced its holding in Unitedhealth Group Inc (NYSE:UNH) by 15,320 shares in the quarter, leaving it with 58,760 shares, and cut its stake in Netflix (NASDAQ:NFLX).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “No Love For Oracle: Is There An Opportunity?” on June 10, 2018, also Investorplace.com with their article: “Is Oracle Corporation’s Drop Your Chance to Load Up?” published on June 17, 2018, Seekingalpha.com published: “Oracle To Acquire DataScience For Workflow Technologies” on May 22, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Marketwatch.com and their article: “Oracle earnings beat sends stock higher” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “Oracle -2.5% as JP Morgan steps to sidelines, Nomura lowers target” with publication date: June 14, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.28, from 1.15 in 2017Q4. It fall, as 83 investors sold ORCL shares while 569 reduced holdings. 118 funds opened positions while 449 raised stakes. 2.24 billion shares or 1.97% less from 2.29 billion shares in 2017Q4 were reported. Mai Capital Mgmt holds 0.38% in Oracle Corporation (NYSE:ORCL) or 148,213 shares. Fincl Engines Advisors Ltd Limited Liability Company holds 0% or 401 shares. Private Advisor Grp Limited Com reported 46,184 shares stake. Grp One Trading Ltd Partnership holds 11,942 shares. Axa has invested 0.48% in Oracle Corporation (NYSE:ORCL). Cornerstone Advisors holds 0.81% in Oracle Corporation (NYSE:ORCL) or 147,972 shares. Litman Gregory Asset Mngmt Llc holds 0.01% or 275 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.52% in Oracle Corporation (NYSE:ORCL). Amalgamated Natl Bank stated it has 370,306 shares. Denver Inv Advisors Ltd Limited Liability Company stated it has 12,725 shares or 0.03% of all its holdings. Synovus Fin holds 0.15% or 189,158 shares in its portfolio. Gemmer Asset Mgmt Ltd Liability holds 7,083 shares or 0.11% of its portfolio. Balasa Dinverno And Foltz Ltd Liability Co holds 16,163 shares or 0.11% of its portfolio. Steinberg Asset Mngmt Ltd Co holds 1.21% or 59,290 shares in its portfolio. Bremer Natl Association holds 0.09% or 6,893 shares in its portfolio.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Seekingalpha.com which released: “Verizon ending location-sharing after leaks” on June 19, 2018, also Globenewswire.com with their article: “Mix and match your unlimited plans” published on June 14, 2018, Seekingalpha.com published: “For CenturyLink It Feels Like 2013 All Over Again” on June 19, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: 247Wallst.com and their article: “6 Most Important Things in Business Today” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Deutsche Bank sees multiple upsides for Verizon” with publication date: June 19, 2018.

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.05, from 1.02 in 2017Q4. It worsened, as 69 investors sold VZ shares while 675 reduced holdings. 132 funds opened positions while 593 raised stakes. 2.55 billion shares or 0.58% more from 2.54 billion shares in 2017Q4 were reported. Cornerstone Incorporated holds 3.5% or 444,745 shares in its portfolio. New England Investment Retirement Group Inc invested in 9,545 shares or 0.25% of the stock. Tradewinds Cap Mgmt Lc reported 6,288 shares. 7.49 million are held by Hsbc Public Limited Company. Texas Permanent School Fund accumulated 1.07M shares or 0.68% of the stock. Berkshire Hathaway Incorporated accumulated 0% or 928 shares. Clifford Swan Investment Counsel Ltd Com accumulated 210,382 shares. Cranbrook Wealth Management Llc invested 0.01% in Verizon Communications Inc. (NYSE:VZ). Outfitter Advsr owns 1.53% invested in Verizon Communications Inc. (NYSE:VZ) for 70,099 shares. 8,590 were reported by Oak Ridge Investments Ltd Llc. Gm Advisory Grp has 0.16% invested in Verizon Communications Inc. (NYSE:VZ). Meyer Handelman reported 771,852 shares. Massachusetts-based Wellington Mgmt Llp has invested 1.22% in Verizon Communications Inc. (NYSE:VZ). Washington Tru invested 0.83% in Verizon Communications Inc. (NYSE:VZ). Greenwood Cap Assocs Ltd Com reported 0.64% of its portfolio in Verizon Communications Inc. (NYSE:VZ).

Since February 13, 2018, it had 0 buys, and 2 insider sales for $444,552 activity.

Capital Investment Advisors Llc, which manages about $1.53B US Long portfolio, decreased its stake in Ishares Dow Jones Us Technolog (IYW) by 2,899 shares to 48,623 shares, valued at $8.18M in 2018Q1, according to the filing. It also reduced its holding in Ishares Investment Grade Corp (LQD) by 36,854 shares in the quarter, leaving it with 154,691 shares, and cut its stake in Ishares Tr Msci Eafe Fd (EFA).

Among 32 analysts covering Verizon Communications Inc. (NYSE:VZ), 16 have Buy rating, 0 Sell and 16 Hold. Therefore 50% are positive. Verizon Communications Inc. had 86 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Wednesday, January 24. The rating was downgraded by Hilliard Lyons on Wednesday, July 27 to “Neutral”. The company was maintained on Wednesday, January 24 by Robert W. Baird. Jefferies downgraded the shares of VZ in report on Thursday, April 7 to “Hold” rating. Robert W. Baird maintained Verizon Communications Inc. (NYSE:VZ) rating on Wednesday, October 4. Robert W. Baird has “Hold” rating and $49.0 target. The firm has “Buy” rating by Drexel Hamilton given on Monday, October 24. As per Tuesday, February 21, the company rating was upgraded by Moffett Nathanson. On Thursday, August 10 the stock rating was maintained by Oppenheimer with “Hold”. On Wednesday, March 28 the stock rating was upgraded by HSBC to “Buy”. The company was maintained on Monday, April 24 by RBC Capital Markets.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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