Oracle Corp. (ORCL) Holder Longer Investments Has Trimmed Its Position by $447,840 as Stock Rose; As General Electric Co (GE) Market Valuation Declined, Hamel Associates Decreased by $1.45 Million Its Holding

January 14, 2018 - By Stephen Andrade

Longer Investments Inc decreased its stake in Oracle Corp. (ORCL) by 18.59% based on its latest 2017Q3 regulatory filing with the SEC. Longer Investments Inc sold 9,330 shares as the company’s stock rose 5.35% with the market. The institutional investor held 40,850 shares of the prepackaged software company at the end of 2017Q3, valued at $1.98M, down from 50,180 at the end of the previous reported quarter. Longer Investments Inc who had been investing in Oracle Corp. for a number of months, seems to be less bullish one the $204.95 billion market cap company. The stock increased 1.14% or $0.56 during the last trading session, reaching $49.51. About 15.98M shares traded or 6.08% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 14, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Hamel Associates Inc decreased its stake in General Electric Co (GE) by 29.68% based on its latest 2017Q3 regulatory filing with the SEC. Hamel Associates Inc sold 60,398 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 143,124 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $3.46M, down from 203,522 at the end of the previous reported quarter. Hamel Associates Inc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $162.69 billion market cap company. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. About 87.08 million shares traded or 6.24% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 14, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.18, from 0.95 in 2017Q2. It is positive, as 67 investors sold ORCL shares while 498 reduced holdings. 122 funds opened positions while 519 raised stakes. 2.32 billion shares or 1.54% less from 2.35 billion shares in 2017Q2 were reported. Apg Asset Mngmt Nv reported 0.59% in Oracle Corporation (NYSE:ORCL). 138,350 were accumulated by South State. Foster And Motley Incorporated stated it has 1.95% in Oracle Corporation (NYSE:ORCL). Ashmore Wealth Management Ltd Com has invested 3.41% in Oracle Corporation (NYSE:ORCL). Timber Creek Cap Mngmt Lc invested 2.97% in Oracle Corporation (NYSE:ORCL). Southport Mgmt Limited stated it has 2.57% of its portfolio in Oracle Corporation (NYSE:ORCL). Grand Jean Capital Mngmt, a California-based fund reported 7,490 shares. San Francisco Sentry Grp (Ca) stated it has 21,942 shares. Badgley Phelps & Bell has invested 0.02% in Oracle Corporation (NYSE:ORCL). Culbertson A N Communication holds 107,453 shares or 1.59% of its portfolio. Polen Mngmt Ltd Liability holds 5.98% of its portfolio in Oracle Corporation (NYSE:ORCL) for 15.36M shares. Gateway Inv Advisers Ltd owns 1.85M shares or 0.77% of their US portfolio. Hedeker Wealth Ltd Liability Co accumulated 50,537 shares or 2.15% of the stock. Mairs And Pwr Incorporated invested 0.02% of its portfolio in Oracle Corporation (NYSE:ORCL). Geode Cap Mgmt Ltd Liability Corp owns 30.24 million shares.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 earnings per share, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73B for 18.75 P/E if the $0.66 EPS becomes a reality. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 103 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Rosenblatt with “Buy” on Thursday, June 22. Wedbush maintained the stock with “Neutral” rating in Friday, December 16 report. The firm has “Buy” rating by Jefferies given on Tuesday, October 17. As per Tuesday, June 20, the company rating was maintained by Jefferies. The company was maintained on Thursday, June 22 by Stifel Nicolaus. The stock has “Market Perform” rating by BMO Capital Markets on Friday, January 8. William Blair maintained Oracle Corporation (NYSE:ORCL) on Friday, September 15 with “Hold” rating. On Friday, December 15 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 23 report. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, January 3 report.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by TheStreet on Wednesday, August 26. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 14 report. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by RBC Capital Markets on Wednesday, October 11. Cowen & Co maintained the stock with “Hold” rating in Monday, August 7 report. The stock of General Electric Company (NYSE:GE) earned “Underweight” rating by JP Morgan on Thursday, May 12. Cowen & Co initiated General Electric Company (NYSE:GE) on Tuesday, June 7 with “Market Perform” rating. Bank of America maintained General Electric Company (NYSE:GE) rating on Tuesday, November 14. Bank of America has “Buy” rating and $23 target. The firm has “Buy” rating by Stifel Nicolaus given on Friday, July 7. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Monday, July 17. Morgan Stanley has “Equal-Weight” rating and $27 target. RBC Capital Markets maintained the shares of GE in report on Monday, January 25 with “Outperform” rating.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.29 earnings per share, down 36.96% or $0.17 from last year’s $0.46 per share. GE’s profit will be $2.51 billion for 16.17 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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