Benjamin Edwards Inc. Acquires 1,831 Shares of SAP SE (NYSE:SAP)

Benjamin Edwards Inc. grew its stake in SAP SE (NYSE:SAP - Free Report) by 20.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,771 shares of the software maker's stock after buying an additional 1,831 shares during the quarter. Benjamin Edwards Inc.'s holdings in SAP were worth $2,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SAP. Centricity Wealth Management LLC bought a new stake in shares of SAP in the fourth quarter worth $25,000. Union Bancaire Privee UBP SA bought a new stake in SAP during the fourth quarter worth $27,000. Rakuten Securities Inc. raised its position in SAP by 2,700.0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock worth $28,000 after acquiring an additional 108 shares in the last quarter. Albion Financial Group UT raised its position in SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock worth $32,000 after acquiring an additional 71 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in SAP during the fourth quarter worth $42,000.

SAP Trading Down 0.7%

Shares of NYSE SAP traded down $2.08 during midday trading on Monday, reaching $291.89. The stock had a trading volume of 516,553 shares, compared to its average volume of 1,030,624. The firm has a market cap of $358.59 billion, a price-to-earnings ratio of 101.76, a price-to-earnings-growth ratio of 4.71 and a beta of 1.35. SAP SE has a twelve month low of $179.43 and a twelve month high of $303.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The company's 50 day moving average price is $270.23 and its 200 day moving average price is $261.44.

SAP (NYSE:SAP - Get Free Report) last released its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share (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 company had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion. As a group, sell-side analysts expect that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on SAP shares. Kepler Capital Markets raised shares of SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. JMP Securities upped their price target on shares of SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 29th. BMO Capital Markets increased their price objective on shares of SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Royal Bank of Canada reiterated an "outperform" rating and set a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. Finally, Argus restated a "buy" rating and issued a $320.00 price target on shares of SAP in a research note on Tuesday, April 29th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, SAP presently has a consensus rating of "Buy" and a consensus price target of $264.00.

SAP Company 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.