Washington Trust Bank Lowered Its Oracle (ORCL) Position; Gabelli Utility Trust (GUT)’s Sentiment Is 0.5

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Gabelli Utility Trust (GUT) investors sentiment decreased to 0.5 in Q4 2017. It’s down -0.83, from 1.33 in 2017Q3. The ratio dropped, as 7 investment managers increased or opened new holdings, while 14 sold and decreased their stakes in Gabelli Utility Trust. The investment managers in our database now possess: 1.37 million shares, down from 1.45 million shares in 2017Q3. Also, the number of investment managers holding Gabelli Utility Trust in top ten holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 8 Increased: 3 New Position: 4.

Washington Trust Bank decreased Oracle Corp (ORCL) stake by 77.11% reported in 2017Q4 SEC filing. Washington Trust Bank sold 126,490 shares as Oracle Corp (ORCL)’s stock declined 4.18%. The Washington Trust Bank holds 37,550 shares with $1.78 million value, down from 164,040 last quarter. Oracle Corp now has $188.11 billion valuation. The stock increased 0.44% or $0.2 during the last trading session, reaching $46.08. About 12.49 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 16, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Crestwood Advisors Group Llc holds 0.01% of its portfolio in The Gabelli Utility Trust for 15,000 shares. First Allied Advisory Services Inc. owns 18,650 shares or 0.01% of their US portfolio. Moreover, Gamco Investors Inc. Et Al has 0.01% invested in the company for 283,049 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Citigroup Inc, a New York-based fund reported 200 shares.

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The company has market cap of $266.26 million. It is managed by Gabelli Funds, LLC. It has a 46.74 P/E ratio. The fund invests in the public equity markets across the globe.

The stock increased 0.50% or $0.03 during the last trading session, reaching $6.03. About 107,684 shares traded. The Gabelli Utility Trust (GUT) has declined 2.13% since April 16, 2017 and is downtrending. It has underperformed by 13.68% the S&P500.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.02, from 1.13 in 2017Q3. It is positive, 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. 443,281 were accumulated by Vontobel Asset. Carret Asset Mgmt Ltd Company owns 117,152 shares for 0.86% of their portfolio. 78,265 were reported by Lee Danner Bass. Pineno Levin Ford Asset holds 0.15% in Oracle Corporation (NYSE:ORCL) or 7,600 shares. The Pennsylvania-based Smithfield Company has invested 0.19% in Oracle Corporation (NYSE:ORCL). Point72 Asia (Hong Kong) accumulated 0.16% or 4,417 shares. 1,755 are owned by Hanson Doremus Invest Mgmt. Ims Cap Mngmt holds 4,466 shares. Blackrock owns 212.13M shares or 0.48% of their US portfolio. Gofen Glossberg Ltd Llc Il invested in 66,248 shares or 0.11% of the stock. At Bank holds 0.1% or 20,297 shares in its portfolio. Ativo Ltd Com has 29,661 shares. Macguire Cheswick & Tuttle Counsel Limited Liability Company stated it has 1.39% of its portfolio in Oracle Corporation (NYSE:ORCL). Mercer Capital Advisers has invested 0.02% of its portfolio in Oracle Corporation (NYSE:ORCL). Tiemann Investment Advisors Ltd Company reported 44,605 shares.

Washington Trust Bank increased Qualcomm Inc (NASDAQ:QCOM) stake by 8,103 shares to 112,347 valued at $7.19 million in 2017Q4. It also upped Select Sector Spdr (XLP) stake by 25,280 shares and now owns 38,923 shares. Republic Services Inc (NYSE:RSG) was raised too.

Among 42 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 15 Hold. Therefore 64% are positive. Oracle has $65 highest and $37 lowest target. $54.02’s average target is 17.23% above currents $46.08 stock price. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, September 15 by William Blair. Drexel Hamilton initiated the stock with “Buy” rating in Saturday, October 10 report. Pacific Crest maintained Oracle Corporation (NYSE:ORCL) on Friday, June 17 with “Sector Weight” rating. As per Monday, October 2, the company rating was maintained by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Sunday, September 10 report. The rating was maintained by Deutsche Bank on Friday, June 17 with “Hold”. Evercore upgraded the shares of ORCL in report on Wednesday, January 6 to “Buy” rating. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Thursday, June 22 with “Outperform” rating. Stifel Nicolaus maintained the shares of ORCL in report on Friday, December 16 with “Buy” rating. The firm has “Outperform” rating by BMO Capital Markets given on Friday, December 15.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart