Capital World Investors Buys 250 Shares of SAP SE (NYSE:SAP)

Capital World Investors increased its position in SAP SE (NYSE:SAPFree Report) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,190 shares of the software maker’s stock after acquiring an additional 250 shares during the period. Capital World Investors’ holdings in SAP were worth $3,270,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wetzel Investment Advisors Inc. bought a new stake in shares of SAP during the 4th quarter valued at about $31,000. Larson Financial Group LLC bought a new stake in SAP during the fourth quarter valued at approximately $33,000. Frazier Financial Advisors LLC purchased a new stake in SAP during the fourth quarter valued at approximately $38,000. Partnership Wealth Management LLC bought a new stake in shares of SAP during the 4th quarter valued at $40,000. Finally, HHM Wealth Advisors LLC raised its holdings in SAP by 126.8% in the 4th quarter. HHM Wealth Advisors LLC now owns 322 shares of the software maker’s stock worth $50,000 after purchasing an additional 180 shares during the period.

Analysts Set New Price Targets

Several research firms have issued reports on SAP. Sanford C. Bernstein began coverage on SAP in a report on Thursday, May 23rd. They set an “outperform” rating and a $227.00 price target for the company. StockNews.com lowered shares of SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Barclays lowered their target price on shares of SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, April 24th. BMO Capital Markets lifted their price target on shares of SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a report on Friday, April 26th. Finally, KeyCorp began coverage on shares of SAP in a report on Thursday, March 21st. They set an “overweight” rating for the company. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $216.40.

Check Out Our Latest Report on SAP

SAP Price Performance

Shares of NYSE:SAP opened at $191.18 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.25 and a quick ratio of 1.25. SAP SE has a 52 week low of $126.75 and a 52 week high of $199.29. The firm has a fifty day simple moving average of $187.64 and a two-hundred day simple moving average of $176.56.

SAP (NYSE:SAPGet Free Report) last issued its quarterly earnings data on Monday, April 22nd. The software maker reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.06). The company had revenue of $8.73 billion for the quarter, compared to analysts’ expectations of $8.73 billion. SAP had a net margin of 15.76% and a return on equity of 9.79%. As a group, sell-side analysts predict that SAP SE will post 4.56 earnings per share for the current year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th were given a dividend of $2.3852 per share. This is a boost from SAP’s previous annual dividend of $2.19. The ex-dividend date of this dividend was Thursday, May 16th. This represents a yield of 0.9%. SAP’s payout ratio is 37.53%.

About SAP

(Free Report)

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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