Natixis Has Cut Unum Group (UNM) Holding By $9.94 Million; Oracle (ORCL)’s Sentiment Is 0.87

August 12, 2018 - By Mark Babin

Oracle Corporation (NYSE:ORCL) Logo

Oracle Corp (ORCL) investors sentiment decreased to 0.87 in 2018 Q1. It’s down -0.28, from 1.15 in 2017Q4. The ratio dropped, as 567 investment professionals opened new or increased positions, while 652 sold and trimmed holdings in Oracle Corp. The investment professionals in our database now own: 2.24 billion shares, down from 2.29 billion shares in 2017Q4. Also, the number of investment professionals holding Oracle Corp in top ten positions decreased from 68 to 63 for a decrease of 5. Sold All: 83 Reduced: 569 Increased: 449 New Position: 118.

Natixis decreased Unum Group (UNM) stake by 28.11% reported in 2018Q1 SEC filing. Natixis sold 211,435 shares as Unum Group (UNM)’s stock declined 26.18%. The Natixis holds 540,714 shares with $25.62 million value, down from 752,149 last quarter. Unum Group now has $7.69B valuation. The stock decreased 2.33% or $0.84 during the last trading session, reaching $35.18. About 1.94M shares traded or 4.55% up from the average. Unum Group (NYSE:UNM) has declined 14.78% since August 12, 2017 and is downtrending. It has underperformed by 27.35% the S&P500. Some Historical UNM News: 01/05/2018 – Unum Group 1Q Rev $2.9B; 10/03/2018 – #3 Unum plays its first glimpse of human data in an $86M IPO, revealing two deaths and an FDA hold; 28/03/2018 – Unum Therapeutics Announces Pricing of Initial Public Offering; 26/03/2018 – Colonial Life launches dental and vision coverage; 24/05/2018 – UNUM GROUP – DIRECTORS AUTHORIZED AN INCREASE OF 13 PERCENT IN QUARTERLY DIVIDEND; 28/03/2018 – UNUM THERAPEUTICS PRICES IPO AT $12/SHR; 17/05/2018 – Unum Presenting at Deutsche Bank Conference May 30; 25/04/2018 – A.M. Best Affirms Credit Ratings of Unum Group and Its Core U.S. Subsidiaries; 22/05/2018 – Unum Raises $300 Million At 6.25%; 22/05/2018 – Moody’s Rates Unum’s Junior Subordinated Debt Baa3(hyb)

The stock decreased 0.45% or $0.22 during the last trading session, reaching $48.32. About 10.50 million shares traded. Oracle Corporation (ORCL) has risen 3.98% since August 12, 2017 and is uptrending. It has underperformed by 8.59% the S&P500. Some Historical ORCL News: 03/05/2018 – Oracle Power 2017 Loss Widens as Pakistan Power Project Continues; 12/04/2018 – Oracle’s Moat Unveils New Invalid Traffic Detection Capabilities, Achieves Rigorous MRC Accreditation for SIVT of Desktop and M; 06/03/2018 – Study Finds Precision Medicine Initiatives Active in Broader Spectrum of Disease Areas and Datasets, But Not Without Technological Challenges; 08/05/2018 – Elon Musk took on the Oracle of Omaha over the weekend, calling his ‘moat’ analogy ‘lame.’; 01/05/2018 – Oracle’s Aconex Surpasses $200 Billion in Transportation Project Value Managed on Its Platform; 22/05/2018 – Exclusive: Oracle’s Aggressive Sales Tactics Are Backfiring With Customers; 24/04/2018 – NetSuite Empowers Businesses to Capitalize on Opportunities Presented by World’s Largest and Fastest Growing Economies; 11/04/2018 – Customer Experience Professionals Embrace Innovation with Oracle; 19/03/2018 – ORACLE SEES 19.5% EFFECTIVE TAX RATE IN FISCAL 2019; 30/04/2018 – Oracle Named a Leader in the Gartner 2018 Magic Quadrant for Operations Support Systems

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle: The Leopard Is Finally Changing Its Spots” on August 07, 2018, also Fool.com with their article: “Better Buy: Oracle (ORCL) vs. International Business Machines (IBM)” published on August 12, 2018, Seekingalpha.com published: “Class action charges Oracle with lying about cloud sales” on August 10, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Fool.com and their article: “Why Cloud Growth Isn’t Helping Oracle Stock” published on August 08, 2018 as well as Businesswire.com‘s news article titled: “EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit against Oracle Corporation …” with publication date: August 10, 2018.

Caledonia Investments Plc holds 11.04% of its portfolio in Oracle Corporation for 862,500 shares. Vulcan Value Partners Llc owns 24.10 million shares or 8.88% of their US portfolio. Moreover, Black Creek Investment Management Inc. has 8.25% invested in the company for 5.51 million shares. The New York-based Tiedemann Advisors Llc has invested 6.92% in the stock. Independent Franchise Partners Llp, a United Kingdom-based fund reported 16.71 million shares.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on September, 13. They expect $0.61 EPS, up 10.91% or $0.06 from last year’s $0.55 per share. ORCL’s profit will be $2.43 billion for 19.80 P/E if the $0.61 EPS becomes a reality. After $0.91 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts -32.97% negative EPS growth.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide. The company has market cap of $192.37 billion. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. It has a 53.69 P/E ratio. The firm licenses its Oracle Database software, which enables storage, retrieval, and manipulation of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes.

Natixis increased Citizens Finl Group Inc (NYSE:CFG) stake by 532,544 shares to 1.31M valued at $54.78 million in 2018Q1. It also upped Mcdonalds Corp (NYSE:MCD) stake by 269,158 shares and now owns 569,673 shares. Sherwin Williams Co (NYSE:SHW) was raised too.

Among 9 analysts covering Unum (NYSE:UNM), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Unum had 10 analyst reports since February 13, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Equal-Weight”. Barclays Capital maintained the stock with “Overweight” rating in Monday, July 9 report. The firm has “Buy” rating by B. Riley & Co given on Tuesday, February 13. The firm earned “Equal-Weight” rating on Wednesday, May 2 by Morgan Stanley. The stock of Unum Group (NYSE:UNM) has “Hold” rating given on Thursday, May 3 by Deutsche Bank. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 11. SunTrust maintained the shares of UNM in report on Thursday, April 12 with “Buy” rating.

Since February 23, 2018, it had 0 insider buys, and 3 selling transactions for $717,159 activity. Waxenberg Daniel Jason sold $75,134 worth of stock. Simonds Michael Q also sold $244,700 worth of Unum Group (NYSE:UNM) shares. $397,325 worth of stock was sold by Jerome Christopher J on Thursday, March 1.

Analysts await Unum Group (NYSE:UNM) to report earnings on October, 24. They expect $1.27 earnings per share, up 16.51% or $0.18 from last year’s $1.09 per share. UNM’s profit will be $277.75 million for 6.93 P/E if the $1.27 EPS becomes a reality. After $1.30 actual earnings per share reported by Unum Group for the previous quarter, Wall Street now forecasts -2.31% negative EPS growth.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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