Holder Black Creek Investment Management Has Lifted Oracle (ORCL) Holding; Enbridge (ENB) Holder Donaldson Capital Management Decreased Its Position as Stock Value Declined

April 25, 2018 - By Vivian Currie

Enbridge Inc. (NYSE:ENB) Logo

Black Creek Investment Management Inc increased its stake in Oracle Corp (ORCL) by 18.59% based on its latest 2017Q4 regulatory filing with the SEC. Black Creek Investment Management Inc bought 897,827 shares as the company’s stock declined 4.18% with the market. The institutional investor held 5.73 million shares of the prepackaged software company at the end of 2017Q4, valued at $270.82M, up from 4.83 million at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $186.77 billion market cap company. The stock increased 0.48% or $0.22 during the last trading session, reaching $45.75. About 10.86M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 25, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Donaldson Capital Management Llc decreased its stake in Enbridge Incorporated (ENB) by 2.47% based on its latest 2017Q4 regulatory filing with the SEC. Donaldson Capital Management Llc sold 13,267 shares as the company’s stock declined 21.20% with the market. The institutional investor held 524,604 shares of the natural gas distribution company at the end of 2017Q4, valued at $20.52M, down from 537,871 at the end of the previous reported quarter. Donaldson Capital Management Llc who had been investing in Enbridge Incorporated for a number of months, seems to be less bullish one the $50.16 billion market cap company. The stock decreased 0.41% or $0.12 during the last trading session, reaching $29.27. About 5.57 million shares traded or 47.88% up from the average. Enbridge Inc. (NYSE:ENB) has declined 26.13% since April 25, 2017 and is downtrending. It has underperformed by 37.68% the S&P500.

Black Creek Investment Management Inc, which manages about $2.97B and $2.66B US Long portfolio, decreased its stake in Akamai Technologies Inc (NASDAQ:AKAM) by 354,667 shares to 527,933 shares, valued at $34.34 million in 2017Q4, according to the filing. It also reduced its holding in L Brands Inc (LTD) by 355,400 shares in the quarter, leaving it with 678,600 shares, and cut its stake in Fti Consulting Inc (NYSE:FCN).

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It increased, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. Canandaigua Financial Bank And holds 1.01% or 118,862 shares. Wharton Business Group Limited Liability Company holds 0.3% or 61,562 shares. Grand Jean Capital Mngmt reported 0.12% of its portfolio in Oracle Corporation (NYSE:ORCL). 32,844 were accumulated by Diversified Trust. Capital Investment Counsel stated it has 58,188 shares. Pinnacle Prtnrs Incorporated reported 0.58% in Oracle Corporation (NYSE:ORCL). Nuwave Inv Mngmt Ltd Llc holds 0.96% or 17,359 shares. Moreover, Bahl And Gaynor has 0.02% invested in Oracle Corporation (NYSE:ORCL) for 46,086 shares. Union Bancorporation reported 78,031 shares or 1.14% of all its holdings. West Oak Lc accumulated 37,831 shares. Bonness Enterprises reported 40,700 shares. Bailard owns 16,066 shares. Utah Retirement holds 542,796 shares or 0.54% of its portfolio. Asset Management One Ltd invested in 0.52% or 4.94 million shares. Sumitomo Mitsui Hldg stated it has 9.07 million shares.

Among 42 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 15 Hold. Therefore 64% are positive. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, March 16 report. Credit Suisse maintained the stock with “Buy” rating in Friday, September 15 report. The rating was maintained by Stifel Nicolaus on Thursday, October 19 with “Buy”. The firm earned “Buy” rating on Thursday, June 22 by UBS. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, March 16. BMO Capital Markets has “Outperform” rating and $48 target. Piper Jaffray maintained Oracle Corporation (NYSE:ORCL) on Thursday, February 15 with “Buy” rating. The rating was maintained by Jefferies with “Buy” on Monday, July 24. The stock of Oracle Corporation (NYSE:ORCL) earned “Hold” rating by RBC Capital Markets on Thursday, March 15. The rating was downgraded by Pacific Crest on Monday, October 19 to “Sector Weight”. The rating was maintained by Wunderlich on Thursday, September 17 with “Hold”.

Among 16 analysts covering Enbridge Inc. (NYSE:ENB), 6 have Buy rating, 0 Sell and 10 Hold. Therefore 38% are positive. Enbridge Inc. had 25 analyst reports since August 4, 2015 according to SRatingsIntel. Morgan Stanley maintained Enbridge Inc. (NYSE:ENB) rating on Friday, July 14. Morgan Stanley has “Equal-Weight” rating and $44 target. As per Thursday, September 1, the company rating was initiated by Bank of America. The rating was reinitiated by Citigroup on Wednesday, January 18 with “Neutral”. Canaccord Genuity initiated Enbridge Inc. (NYSE:ENB) on Monday, March 7 with “Buy” rating. The firm has “Equal-Weight” rating given on Friday, November 17 by Morgan Stanley. On Tuesday, March 14 the stock rating was maintained by Credit Suisse with “Outperform”. Credit Suisse downgraded the shares of ENB in report on Thursday, February 4 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Friday, October 9 with “Outperform”. The stock of Enbridge Inc. (NYSE:ENB) has “Neutral” rating given on Tuesday, March 8 by Credit Suisse. The firm has “Outperform” rating given on Wednesday, March 2 by BMO Capital Markets.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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