New Jersey Res (NJR) Holder Robecosam Ag Lowered Its Stake; As Oracle (ORCL) Market Valuation Declined, Arizona State Retirement System Cut Holding by $1.60 Million

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Arizona State Retirement System decreased its stake in Oracle Corp (ORCL) by 4.3% based on its latest 2018Q3 regulatory filing with the SEC. Arizona State Retirement System sold 31,457 shares as the company’s stock declined 4.48% with the market. The institutional investor held 700,590 shares of the prepackaged software company at the end of 2018Q3, valued at $36.12M, down from 732,047 at the end of the previous reported quarter. Arizona State Retirement System who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $184.72 billion market cap company. The stock increased 0.49% or $0.25 during the last trading session, reaching $51.47. About 7.24M shares traded. Oracle Corporation (NYSE:ORCL) has declined 3.81% since February 13, 2018 and is downtrending. It has underperformed by 3.81% the S&P500. Some Historical ORCL News: 21/03/2018 – ORACLE IN PACT WITH MIDWESTERN HIGHER EDUCATION COMPACT; 25/04/2018 – Determine, Inc., a Top-Ranked Source-to-Pay Innovator, Puts State-of-the-Art Cloud Platform on Display at ISM2018; 23/04/2018 – BlSTel and Oracle preview powerful A.l. based Predictive Maintenance (PdM) solution for Smart Connected Factory at Hannover Messe 2018; 19/03/2018 – ORACLE EXECUTIVES SPEAK ON 3Q EARNINGS CONFERENCE CALL; 11/04/2018 – Oracle Utilities Establishes Strategic Relationship with American Electric Power (AEP); 11/05/2018 – ORACLE FINANCIAL 4Q NET INCOME 2.36B RUPEES, EST. 2.55B; 05/05/2018 – HIGHLIGHTS-Buffett, ‘Oracle of Omaha,’ comments on Berkshire results; 11/05/2018 – ORACLE FINANCIAL 4Q REV. 10.8B RUPEES, EST. 10.30B; 04/04/2018 – Rob Urban: Oracle’s Safra Catz raised Amazon contract fight with Trump at dinner; 16/04/2018 – Oracle co-CEO Catz expects acceleration in cloud business

Robecosam Ag decreased its stake in New Jersey Res (NJR) by 4.7% based on its latest 2018Q3 regulatory filing with the SEC. Robecosam Ag sold 9,022 shares as the company’s stock rose 8.93% while stock markets declined. The institutional investor held 183,000 shares of the oil and gas transmission company at the end of 2018Q3, valued at $8.26M, down from 192,022 at the end of the previous reported quarter. Robecosam Ag who had been investing in New Jersey Res for a number of months, seems to be less bullish one the $4.08B market cap company. The stock increased 0.81% or $0.37 during the last trading session, reaching $45.99. About 219,371 shares traded. New Jersey Resources Corporation (NYSE:NJR) has risen 15.18% since February 13, 2018 and is uptrending. It has outperformed by 15.18% the S&P500. Some Historical NJR News: 19/04/2018 – DJ New Jersey Resources Corporation, Inst Holders, 1Q 2018 (NJR); 04/05/2018 – NEW JERSEY RESOURCES CORP – REAFFIRMS FISCAL 2018 NFE GUIDANCE; 19/03/2018 – NJR CLEAN ENERGY VENTURES REPORTS SALE OF TWO DOT WIND FARM; 16/05/2018 – DEEP ECO: NJR May Benefit, Natural Gas Best in More Than 5 Years; 11/05/2018 – New Jersey Natural Gas Recognized for Exceptional Dedication to the Environment; 29/03/2018 – NEW JERSEY NATURAL GAS – SEEKING TO ADJUST RATES EFFECTIVE OCT 1, TO RECOVER ABOUT $60.4 MLN RELATED NJ RISE & SAFE Il COSTS MADE THROUGH JUNE 30; 29/05/2018 – New Jersey Natural Gas Files to Decrease Rates for the 2018-2019 Winter Heating Season; 19/03/2018 – CORRECTED-NJR CLEAN ENERGY VENTURES – “ARE TAKING A STRATEGIC REVIEW OF OUR REMAINING WIND ASSETS” (CORRECTS; 04/05/2018 – New Jersey Resources 2Q EPS $1.60; 16/03/2018 DEEP ECO: NJR May Benefit, Industry Posts 5th Straight Gain

Among 8 analysts covering New Jersey Resources Corp (NYSE:NJR), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. New Jersey Resources Corp has $49 highest and $31 lowest target. $39.64’s average target is -13.81% below currents $45.99 stock price. New Jersey Resources Corp had 18 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 23 by Bank of America. The stock of New Jersey Resources Corporation (NYSE:NJR) earned “Hold” rating by BB&T Capital on Wednesday, March 30. The rating was initiated by Ladenburg Thalmann on Wednesday, January 13 with “Neutral”. The firm has “Neutral” rating given on Monday, September 10 by Guggenheim. The rating was upgraded by Zacks on Monday, September 7 to “Buy”. Janney Capital upgraded the stock to “Buy” rating in Wednesday, November 22 report. The stock of New Jersey Resources Corporation (NYSE:NJR) has “Buy” rating given on Tuesday, January 2 by Guggenheim. Zacks downgraded the stock to “Hold” rating in Friday, September 4 report. The rating was maintained by Argus Research with “Buy” on Monday, January 4. The stock of New Jersey Resources Corporation (NYSE:NJR) has “Buy” rating given on Monday, August 28 by Argus Research.

More notable recent New Jersey Resources Corporation (NYSE:NJR) news were published by: Nasdaq.com which released: “New Research Coverage Highlights Teleflex, Louisiana-Pacific, New Jersey Resources, STAAR Surgical, JELD-WEN Holding, and Powell Industries — Consolidated Revenues, Company Growth, and Expectations for 2019 – Nasdaq” on February 08, 2019, also Seekingalpha.com with their article: “New Jersey Resources Corporation (NJR) Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 20, 2018, Seekingalpha.com published: “New Jersey Resources Corporation (NJR) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 07, 2018. More interesting news about New Jersey Resources Corporation (NYSE:NJR) were released by: Seekingalpha.com and their article: “New Jersey Resources’ (NJR) CEO Larry Downes on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 04, 2018 as well as Businesswire.com‘s news article titled: “New Jersey Natural Gas to Implement 3.7 Percent Increase – Business Wire” with publication date: December 28, 2018.

Analysts await New Jersey Resources Corporation (NYSE:NJR) to report earnings on February, 14. They expect $0.69 EPS, down 55.77% or $0.87 from last year’s $1.56 per share. NJR’s profit will be $61.26 million for 16.66 P/E if the $0.69 EPS becomes a reality. After $-0.33 actual EPS reported by New Jersey Resources Corporation for the previous quarter, Wall Street now forecasts -309.09% EPS growth.

Robecosam Ag, which manages about $2.56B US Long portfolio, upped its stake in Mosaic Co New (NYSE:MOS) by 20,112 shares to 38,864 shares, valued at $1.25M in 2018Q3, according to the filing. It also increased its holding in Skyworks Solutions Inc (NASDAQ:SWKS) by 50,000 shares in the quarter, for a total of 235,000 shares, and has risen its stake in Idex Corp (NYSE:IEX).

Since November 27, 2018, it had 0 insider purchases, and 3 selling transactions for $138,080 activity.

Investors sentiment decreased to 1.11 in 2018 Q3. Its down 0.49, from 1.6 in 2018Q2. It dropped, as 17 investors sold NJR shares while 70 reduced holdings. 30 funds opened positions while 67 raised stakes. 57.08 million shares or 1.49% less from 57.94 million shares in 2018Q2 were reported. D E Shaw invested in 0% or 14,725 shares. Shelton Cap Management invested in 0.02% or 5,790 shares. Commonwealth Retail Bank Of Aus has invested 0% in New Jersey Resources Corporation (NYSE:NJR). Jcic Asset Incorporated, a Ontario – Canada-based fund reported 77 shares. 781 were reported by Benjamin F Edwards And. Invesco Limited has invested 0.01% in New Jersey Resources Corporation (NYSE:NJR). Northwestern Mutual Wealth Mgmt reported 830 shares. Pennsylvania Tru Company holds 0.02% or 9,000 shares in its portfolio. Coldstream Mgmt holds 0.09% or 21,180 shares in its portfolio. Bancorp Of Mellon Corp reported 1.26 million shares or 0.01% of all its holdings. Moreover, Lpl Financial Limited Liability Company has 0% invested in New Jersey Resources Corporation (NYSE:NJR) for 6,164 shares. Strs Ohio has 9,800 shares. Pinnacle Assoc Ltd holds 0.01% or 9,181 shares in its portfolio. Rhumbline Advisers has 169,617 shares. Texas Permanent School Fund has 0.04% invested in New Jersey Resources Corporation (NYSE:NJR).

Arizona State Retirement System, which manages about $10.60 billion US Long portfolio, upped its stake in Wyndham Destinations Inc (NYSE:WYN) by 24,134 shares to 120,266 shares, valued at $5.22 million in 2018Q3, according to the filing. It also increased its holding in Simmons First Natl Corp Cl A (NASDAQ:SFNC) by 19,778 shares in the quarter, for a total of 133,876 shares, and has risen its stake in Pbf Energy Inc Class A (NYSE:PBF).

Investors sentiment decreased to 0.63 in Q3 2018. Its down 0.19, from 0.82 in 2018Q2. It dived, as 56 investors sold ORCL shares while 640 reduced holdings. 133 funds opened positions while 304 raised stakes. 2.03 billion shares or 4.41% less from 2.13 billion shares in 2018Q2 were reported. Royal Bancshares Of Canada has 5.09M shares. Riverbridge Ptnrs Ltd Company owns 5,000 shares or 0% of their US portfolio. Adell Harriman And Carpenter has 0% invested in Oracle Corporation (NYSE:ORCL). North Mgmt has 0.07% invested in Oracle Corporation (NYSE:ORCL). Cwm Ltd Company, a Nebraska-based fund reported 311,465 shares. Kidder Stephen W reported 33,000 shares or 0.62% of all its holdings. Ashfield Capital Limited Liability Corp reported 60,876 shares. Bartlett And Limited Com invested 0.94% of its portfolio in Oracle Corporation (NYSE:ORCL). Lombard Odier Asset Mngmt (Usa) reported 0.11% stake. Acadian Asset Management Limited Liability Corporation reported 112,992 shares or 0.02% of all its holdings. Delta Asset Mgmt Tn has invested 0.06% in Oracle Corporation (NYSE:ORCL). Korea holds 0.42% of its portfolio in Oracle Corporation (NYSE:ORCL) for 1.76M shares. Virginia Retirement Sys Et Al reported 0.17% in Oracle Corporation (NYSE:ORCL). Fjarde Ap accumulated 817,003 shares. Wells Fargo & Mn has invested 0.14% in Oracle Corporation (NYSE:ORCL).

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “U.S. sues Oracle over pay discrimination – Seeking Alpha” on January 22, 2019, also Seekingalpha.com with their article: “Oracle: DoL’s wage suit “meritless” – Seeking Alpha” published on January 23, 2019, Seekingalpha.com published: “Oracle: Google “fabricated concern” in court petition – Seeking Alpha” on January 25, 2019. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Fool.com and their article: “Why Oracle Might Boost Its Dividend in 2019 – The Motley Fool” published on January 14, 2019 as well as Fool.com‘s news article titled: “Are Salesforce and Oracle Buys Today? – The Motley Fool” with publication date: January 16, 2019.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 18. They expect $0.76 EPS, up 1.33% or $0.01 from last year’s $0.75 per share. ORCL’s profit will be $2.73B for 16.93 P/E if the $0.76 EPS becomes a reality. After $0.74 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 2.70% EPS growth.

New Jersey Resources Corporation (NYSE:NJR) Institutional Positions Chart