Cardinal Capital Management Trimmed Oracle (ORCL) Position By $518,544; Open Text (OTEX) Sellers Decreased By 1.26% Their Shorts

Open Text Corporation (NASDAQ:OTEX) had a decrease of 1.26% in short interest. OTEX’s SI was 7.54 million shares in February as released by FINRA. Its down 1.26% from 7.64M shares previously. With 724,800 avg volume, 10 days are for Open Text Corporation (NASDAQ:OTEX)’s short sellers to cover OTEX’s short positions. The SI to Open Text Corporation’s float is 2.94%. The stock decreased 0.89% or $0.32 during the last trading session, reaching $35.55. About 1.48M shares traded or 110.09% up from the average. Open Text Corporation (NASDAQ:OTEX) has risen 15.94% since February 7, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Cardinal Capital Management Inc decreased Oracle Corp (ORCL) stake by 4.54% reported in 2017Q3 SEC filing. Cardinal Capital Management Inc sold 10,803 shares as Oracle Corp (ORCL)’s stock rose 5.35%. The Cardinal Capital Management Inc holds 226,920 shares with $10.97M value, down from 237,723 last quarter. Oracle Corp now has $204.50B valuation. The stock increased 2.72% or $1.31 during the last trading session, reaching $49.4. About 25.92M shares traded or 62.68% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 7, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. OpenText Corporation has $76 highest and $31.5 lowest target. $47.23’s average target is 32.86% above currents $35.55 stock price. OpenText Corporation had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 22 by Raymond James. The stock of Open Text Corporation (NASDAQ:OTEX) has “Overweight” rating given on Tuesday, January 24 by Barclays Capital. Citigroup initiated it with “Neutral” rating and $36 target in Thursday, February 16 report. The company was downgraded on Wednesday, November 22 by Macquarie Research. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 30. Barclays Capital maintained it with “Overweight” rating and $50 target in Tuesday, July 28 report. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 1. On Tuesday, September 13 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The stock of Open Text Corporation (NASDAQ:OTEX) earned “Overweight” rating by Barclays Capital on Friday, August 4. The firm earned “Overweight” rating on Thursday, February 1 by Barclays Capital.

Open Text Corporation provides a suite of software services and products that assist organizations in finding, utilizing, and sharing business information from various devices. The company has market cap of $9.45 billion. The firm offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal. It has a 49.58 P/E ratio. The Company’s products also include business network solutions comprising business-to-business integration, fax solutions, and secure messaging; analytics solutions, including embedded reporting and visualization, and big data analysis; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ‘information silosÂ’ resulting from disconnected information sources across the enterprise.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.18, from 0.95 in 2017Q2. It increased, 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. Shine Advisory Serv Inc has invested 0.04% of its portfolio in Oracle Corporation (NYSE:ORCL). Fort Point Capital Prtnrs Ltd Liability owns 69,145 shares. Heritage Wealth Advsrs has invested 0.13% in Oracle Corporation (NYSE:ORCL). Jnba Financial Advsr owns 9,290 shares. Howe And Rusling has 8,099 shares for 0.07% of their portfolio. 2.01 million were reported by State Of New Jersey Common Pension Fund D. Independent Investors stated it has 1.2% of its portfolio in Oracle Corporation (NYSE:ORCL). Regent Investment Mngmt Limited Liability Company holds 0.54% or 33,257 shares. Albion Financial Gp Ut holds 10,500 shares or 0.08% of its portfolio. Great West Life Assurance Can owns 4.10 million shares or 0.49% of their US portfolio. Crawford Inv Counsel Inc holds 0.01% in Oracle Corporation (NYSE:ORCL) or 8,276 shares. Douglass Winthrop Limited owns 20,514 shares for 0.06% of their portfolio. Cannell Peter B And Inc has invested 0.02% in Oracle Corporation (NYSE:ORCL). Bancorp Of Stockton holds 0.33% of its portfolio in Oracle Corporation (NYSE:ORCL) for 15,029 shares. 255,536 are owned by Deltec Asset Mngmt Ltd Liability Corp.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 earnings per share, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73 billion for 18.71 P/E if the $0.66 EPS becomes a reality. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Cardinal Capital Management Inc increased Telus Corp. (NYSE:TU) stake by 11,124 shares to 1.46M valued at $52.27 million in 2017Q3. It also upped Wpp Plc Adr (NASDAQ:WPPGY) stake by 7,305 shares and now owns 61,365 shares. Medtronic Plc was raised too.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 104 analyst reports since July 30, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal Weight” rating and $47 target in Friday, June 23 report. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, March 16. Deutsche Bank maintained Oracle Corporation (NYSE:ORCL) on Friday, June 17 with “Hold” rating. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Thursday, July 14 by BTIG Research. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Rosenblatt on Thursday, June 22. BMO Capital Markets maintained the shares of ORCL in report on Monday, October 2 with “Buy” rating. On Thursday, September 14 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by Credit Suisse on Thursday, October 12 with “Buy”. The company was maintained on Friday, September 23 by Stifel Nicolaus. The firm has “Buy” rating by Drexel Hamilton given on Saturday, October 10.