As Aon Plc (AON) Shares Rose, Olstein Capital Management LP Cut Holding by $1.10 Million; Colonial Trust Advisors Increased Oracle $0.01 Del (ORCL) Holding by $311,568

February 22, 2018 - By Darrin Black

Olstein Capital Management Lp decreased its stake in Aon Plc (AON) by 14.56% based on its latest 2017Q3 regulatory filing with the SEC. Olstein Capital Management Lp sold 7,500 shares as the company’s stock rose 8.30% with the market. The institutional investor held 44,000 shares of the specialty insurers company at the end of 2017Q3, valued at $6.43M, down from 51,500 at the end of the previous reported quarter. Olstein Capital Management Lp who had been investing in Aon Plc for a number of months, seems to be less bullish one the $34.46B market cap company. The stock decreased 1.12% or $1.56 during the last trading session, reaching $137.81. About 387,519 shares traded. Aon plc (NYSE:AON) has risen 21.47% since February 22, 2017 and is uptrending. It has outperformed by 4.77% the S&P500.

Colonial Trust Advisors increased its stake in Oracle Corp $0.01 Del (ORCL) by 7.98% based on its latest 2017Q3 regulatory filing with the SEC. Colonial Trust Advisors bought 6,491 shares as the company’s stock rose 5.35% with the market. The institutional investor held 87,781 shares of the prepackaged software company at the end of 2017Q3, valued at $4.24M, up from 81,290 at the end of the previous reported quarter. Colonial Trust Advisors who had been investing in Oracle Corp $0.01 Del for a number of months, seems to be bullish on the $206.07 billion market cap company. The stock increased 0.71% or $0.35 during the last trading session, reaching $49.78. About 2.44 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 22, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.18, from 0.95 in 2017Q2. It improved, 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. Iowa State Bank has invested 0.81% in Oracle Corporation (NYSE:ORCL). Cape Cod Five Cents Bancorporation stated it has 12,022 shares. Profund Advsrs Limited Liability owns 0.2% invested in Oracle Corporation (NYSE:ORCL) for 99,265 shares. Moreover, West Oak Capital Limited Liability Com has 1.11% invested in Oracle Corporation (NYSE:ORCL). Jlb And Associate stated it has 227,592 shares or 2.69% of all its holdings. 25,153 are held by Sigma Planning Corporation. Pinebridge Invs Lp reported 11,104 shares. Eagle Ridge Inv accumulated 14,015 shares. Ensemble Capital Mngmt Limited Liability Corp stated it has 433,435 shares or 4.39% of all its holdings. Highstreet Asset Inc holds 0.15% or 32,455 shares. Gofen Glossberg Lc Il owns 0.12% invested in Oracle Corporation (NYSE:ORCL) for 67,143 shares. Meiji Yasuda Life Insur owns 97,364 shares. Sandler Capital Mgmt invested 0.13% of its portfolio in Oracle Corporation (NYSE:ORCL). 1.72M are held by Zurcher Kantonalbank (Zurich Cantonalbank). Perritt Mgmt stated it has 11,545 shares or 0.15% of all its holdings.

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 earned “Outperform” rating on Friday, December 16 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Friday, December 15 with “Outperform”. The firm has “Overweight” rating by JP Morgan given on Thursday, March 16. Wedbush maintained it with “Neutral” rating and $43 target in Thursday, March 16 report. The rating was downgraded by Pacific Crest on Monday, October 19 to “Sector Weight”. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, December 17 report. The rating was maintained by Stifel Nicolaus on Friday, December 16 with “Buy”. Jefferies maintained Oracle Corporation (NYSE:ORCL) rating on Tuesday, June 20. Jefferies has “Buy” rating and $52 target. The rating was maintained by UBS on Thursday, June 22 with “Buy”. The company was maintained on Friday, September 30 by RBC Capital Markets.

Olstein Capital Management Lp, which manages about $769.90M and $775.69M US Long portfolio, upped its stake in Patterson Companies Inc (NASDAQ:PDCO) by 68,270 shares to 329,020 shares, valued at $12.72 million in 2017Q3, according to the filing. It also increased its holding in Blue Bird Corp (NASDAQ:HCAC) by 22,442 shares in the quarter, for a total of 100,010 shares, and has risen its stake in Stericycle Inc (NASDAQ:SRCL).

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