87,536 Shares in SAP SE (NYSE:SAP) Purchased by Junto Capital Management LP

Junto Capital Management LP bought a new stake in SAP SE (NYSE:SAP - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 87,536 shares of the software maker's stock, valued at approximately $21,552,000.

Several other hedge funds also recently bought and sold shares of SAP. Centricity Wealth Management LLC purchased a new position in shares of SAP during the 4th quarter worth approximately $25,000. Union Bancaire Privee UBP SA purchased a new position in shares of SAP during the fourth quarter worth $27,000. Rakuten Securities Inc. raised its holdings in shares of SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after buying an additional 108 shares during the period. Albion Financial Group UT boosted its holdings in SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock valued at $32,000 after acquiring an additional 71 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in SAP during the fourth quarter worth about $42,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Jefferies Financial Group restated a "buy" rating on shares of SAP in a report on Friday, May 2nd. Barclays restated an "overweight" rating and issued a $308.00 price target (up previously from $286.00) on shares of SAP in a research note on Thursday, April 24th. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. BMO Capital Markets upped their price target on SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $264.00.

SAP Stock Performance

Shares of SAP opened at $294.00 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. SAP SE has a 52-week low of $179.43 and a 52-week high of $303.40. The stock has a 50 day moving average price of $270.23 and a 200 day moving average price of $261.28. The company has a market capitalization of $361.18 billion, a price-to-earnings ratio of 102.44, a price-to-earnings-growth ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.12. SAP had a net margin of 9.17% and a return on equity of 12.18%. The firm had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion. Research analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a $2.5423 dividend. This is an increase from SAP's previous annual dividend of $2.39. This represents a dividend yield of 0.8%. The ex-dividend date is Tuesday, May 13th. SAP's payout ratio is presently 35.25%.

SAP Profile

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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