As Oracle (ORCL) Share Value Rose, Raymond James & Associates Raised Stake by $151.32 Million; Samson Capital Management Trimmed Stake in Magellan Midstream Prtnrs LP (MMP) by $4.87 Million

February 20, 2018 - By Ellis Scott

Raymond James & Associates increased its stake in Oracle Corp (ORCL) by 1092.69% based on its latest 2017Q3 regulatory filing with the SEC. Raymond James & Associates bought 3.15 million shares as the company’s stock rose 5.35% with the market. The institutional investor held 3.44 million shares of the prepackaged software company at the end of 2017Q3, valued at $166.37M, up from 288,500 at the end of the previous reported quarter. Raymond James & Associates who had been investing in Oracle Corp for a number of months, seems to be bullish on the $209.92B market cap company. The stock increased 0.14% or $0.07 during the last trading session, reaching $50.71. About 11.10 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 20, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Samson Capital Management Llc decreased its stake in Magellan Midstream Prtnrs Lp (MMP) by 34.71% based on its latest 2017Q3 regulatory filing with the SEC. Samson Capital Management Llc sold 68,611 shares as the company’s stock declined 7.68% while stock markets rallied. The institutional investor held 129,079 shares of the natural gas distribution company at the end of 2017Q3, valued at $9.17M, down from 197,690 at the end of the previous reported quarter. Samson Capital Management Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be less bullish one the $15.20 billion market cap company. The stock decreased 0.92% or $0.62 during the last trading session, reaching $66.64. About 1.12 million shares traded or 21.52% up from the average. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since February 20, 2017 and is uptrending. It has underperformed by 13.15% the S&P500.

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. Goldman Sachs maintained the shares of ORCL in report on Wednesday, March 16 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) earned “Neutral” rating by Atlantic Securities on Tuesday, July 19. Citigroup maintained it with “Neutral” rating and $41 target in Friday, June 17 report. On Friday, December 15 the stock rating was maintained by BMO Capital Markets with “Outperform”. The stock has “Buy” rating by Nomura on Thursday, September 17. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 23 report. The stock has “Market Perform” rating by BMO Capital Markets on Friday, January 8. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, November 11. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) on Thursday, October 19 with “Buy” rating. The rating was initiated by Drexel Hamilton with “Buy” on Saturday, October 10.

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. Johnson Group accumulated 39,590 shares or 0.25% of the stock. Parsons Cap Mgmt Ri reported 0.92% of its portfolio in Oracle Corporation (NYSE:ORCL). Auxier Asset stated it has 1.16% of its portfolio in Oracle Corporation (NYSE:ORCL). Evergreen Management Lc holds 0.17% of its portfolio in Oracle Corporation (NYSE:ORCL) for 30,158 shares. Mitsubishi Ufj Corp invested in 0.57% or 6.42M shares. Pzena Investment Management Limited Liability invested 2.54% of its portfolio in Oracle Corporation (NYSE:ORCL). Adage Capital Partners Group Lc has invested 0.47% of its portfolio in Oracle Corporation (NYSE:ORCL). Southport Management Limited reported 20,000 shares. Chickasaw Mngmt has 41,763 shares. Moreover, Barrett Asset Mgmt Ltd Co has 0.71% invested in Oracle Corporation (NYSE:ORCL) for 200,608 shares. The California-based First Pacific Advsrs Limited has invested 7.85% in Oracle Corporation (NYSE:ORCL). Invest House Lc holds 0.64% or 101,011 shares. Busey Tru Company has invested 1.3% in Oracle Corporation (NYSE:ORCL). 154,293 are owned by Mufg Americas Corp. Qcm Cayman stated it has 0.66% of its portfolio in Oracle Corporation (NYSE:ORCL).

Raymond James & Associates, which manages about $75.99B and $49.94B US Long portfolio, decreased its stake in Willis Towers Watson Pub Ltd by 24,823 shares to 356,669 shares, valued at $55.01M in 2017Q3, according to the filing. It also reduced its holding in Helmerich & Payne Inc (NYSE:HP) by 28,683 shares in the quarter, leaving it with 52,058 shares, and cut its stake in Morgan Stanley Em Mkts Dm De (EDD).

Since September 14, 2017, it had 0 insider buys, and 2 sales for $1.87 million activity. 22,251 shares were sold by MEARS MICHAEL N, worth $1.51 million on Monday, February 12.

Among 23 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Magellan Midstream Partners L.P. had 59 analyst reports since August 7, 2015 according to SRatingsIntel. Seaport Global initiated the stock with “Buy” rating in Tuesday, June 14 report. On Friday, September 30 the stock rating was initiated by Mizuho with “Neutral”. The rating was initiated by Macquarie Research with “Neutral” on Friday, April 21. UBS downgraded the stock to “Neutral” rating in Friday, February 3 report. RBC Capital Markets maintained the shares of MMP in report on Sunday, July 23 with “Hold” rating. The company was upgraded on Thursday, January 4 by U.S. Capital Advisors. The company was maintained on Friday, February 2 by Barclays Capital. The firm has “Hold” rating given on Wednesday, August 2 by Stifel Nicolaus. Morgan Stanley downgraded the stock to “Underweight” rating in Thursday, August 18 report. On Wednesday, July 13 the stock rating was initiated by Ladenburg Thalmann with “Buy”.

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