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Oracle (ORCL) Holder Fort LP Has Cut Its Holding by $3.64 Million; Whittier Trust Co Boosted Starbucks Com (SBUX) Stake by $551,147; Stock Value Rose

Michael Novogratz decreased its stake in Oracle Corp (ORCL) by 31.11% based on its latest 2017Q3 regulatory filing with the SEC. Fort Lp sold 75,850 shares as the company’s stock rose 5.35% with the market. The hedge fund run by Michael Novogratz held 167,927 shares of the prepackaged software company at the end of 2017Q3, valued at $8.12 million, down from 243,777 at the end of the previous reported quarter. Fort Lp who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $209.05 billion market cap company. The stock increased 1.84% or $0.91 during the last trading session, reaching $50.5. About 8.87 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 25, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Whittier Trust Co increased its stake in Starbucks Corp Com (SBUX) by 3.24% based on its latest 2017Q3 regulatory filing with the SEC. Whittier Trust Co bought 10,399 shares as the company’s stock rose 6.99% with the market. The institutional investor held 331,133 shares of the restaurants company at the end of 2017Q3, valued at $17.78M, up from 320,734 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Starbucks Corp Com for a number of months, seems to be bullish on the $78.91 billion market cap company. The stock increased 1.34% or $0.74 during the last trading session, reaching $56.14. About 11.39 million shares traded or 3.89% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 25, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Fort Lp, which manages about $349.60 million and $406.56M US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 130,905 shares to 169,356 shares, valued at $13.77 million in 2017Q3, according to the filing. It also increased its holding in Sturm Ruger & Co Inc (NYSE:RGR) by 17,623 shares in the quarter, for a total of 29,162 shares, and has risen its stake in Twenty First Centy Fox Inc (NASDAQ:FOXA).

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 EPS, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73B for 19.13 P/E if the $0.66 EPS becomes a reality. After $0.62 actual EPS 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 105 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Friday, June 17. The firm has “Buy” rating by Piper Jaffray given on Thursday, February 15. The rating was maintained by Stifel Nicolaus on Thursday, September 17 with “Buy”. The stock has “Sector Weight” rating by Pacific Crest on Friday, June 17. Wunderlich maintained Oracle Corporation (NYSE:ORCL) on Friday, June 17 with “Hold” rating. The firm has “Mkt Perform” rating given on Thursday, November 5 by FBR Capital. Canaccord Genuity maintained it with “Buy” rating and $5600 target in Wednesday, June 21 report. The company was maintained on Friday, September 15 by UBS. The stock of Oracle Corporation (NYSE:ORCL) has “Neutral” rating given on Wednesday, June 29 by JP Morgan. On Thursday, July 14 the stock rating was maintained by BTIG Research with “Buy”.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.18, from 0.95 in 2017Q2. It increased, 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. 2.49 million are held by Korea. Moreover, Us Commercial Bank De has 0.29% invested in Oracle Corporation (NYSE:ORCL) for 1.87 million shares. Panagora Asset Management Inc holds 0.1% of its portfolio in Oracle Corporation (NYSE:ORCL) for 531,954 shares. Clarkston Capital Limited Liability Corp reported 0.01% stake. Epoch Inv Prtn holds 0.05% or 327,153 shares. Glovista Invs Ltd Liability Company has invested 0.07% of its portfolio in Oracle Corporation (NYSE:ORCL). Lenox Wealth Mgmt Inc holds 0.06% or 3,684 shares in its portfolio. Moreover, Davenport And Lc has 0.05% invested in Oracle Corporation (NYSE:ORCL). Maverick Cap Ltd invested 0.06% in Oracle Corporation (NYSE:ORCL). 218 are owned by Bancshares. Ci Investments owns 4.93 million shares for 2.19% of their portfolio. Marco Inv Ltd Liability Com reported 1.16% in Oracle Corporation (NYSE:ORCL). 29,694 were reported by Berkshire Asset Mgmt Ltd Co Pa. Rnc Capital Mgmt invested in 139,565 shares or 0.51% of the stock. Dimensional Fund Advsrs Lp accumulated 7.57M shares or 0.16% of the stock.

Since September 7, 2017, it had 0 insider buys, and 3 selling transactions for $13.98 million activity. ULLMAN MYRON E III sold $1.23M worth of stock. 64,776 Starbucks Corporation (NASDAQ:SBUX) shares with value of $3.47 million were sold by CULVER JOHN.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 100 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, January 26 by Piper Jaffray. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Cowen & Co on Thursday, August 31. On Friday, November 3 the stock rating was maintained by BMO Capital Markets with “Market Perform”. UBS maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, November 3 with “Buy” rating. On Friday, August 25 the stock rating was upgraded by Wedbush to “Outperform”. Bernstein maintained the shares of SBUX in report on Friday, June 16 with “Buy” rating. The firm has “Neutral” rating given on Thursday, February 1 by Mizuho. The firm earned “Buy” rating on Friday, December 22 by Jefferies. Robert W. Baird maintained it with “Buy” rating and $72.0 target in Tuesday, January 2 report. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, July 28 by RBC Capital Markets.

Whittier Trust Co, which manages about $2.74 billion US Long portfolio, decreased its stake in Verifone Sys Inc Com (NYSE:PAY) by 57,357 shares to 46,810 shares, valued at $949,000 in 2017Q3, according to the filing. It also reduced its holding in Ishares S&P 500 Index (IVV) by 1,450 shares in the quarter, leaving it with 98,385 shares, and cut its stake in Activision Blizzard Inc Com (NASDAQ:ATVI).

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