SAP SE (NYSE:SAP) Shares Sold by Capital Research Global Investors

Capital Research Global Investors lowered its stake in SAP SE (NYSE:SAP - Free Report) by 20.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,345 shares of the software maker's stock after selling 6,705 shares during the period. Capital Research Global Investors' holdings in SAP were worth $6,555,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SAP. Anchor Investment Management LLC boosted its position in shares of SAP by 448.0% during the third quarter. Anchor Investment Management LLC now owns 274 shares of the software maker's stock valued at $63,000 after buying an additional 224 shares during the period. World Investment Advisors LLC purchased a new position in shares of SAP during the third quarter valued at approximately $227,000. Wilmington Savings Fund Society FSB purchased a new position in shares of SAP during the third quarter valued at approximately $494,000. Tidal Investments LLC boosted its position in shares of SAP by 15.8% during the third quarter. Tidal Investments LLC now owns 10,944 shares of the software maker's stock valued at $2,507,000 after buying an additional 1,496 shares during the period. Finally, Decatur Capital Management Inc. purchased a new stake in shares of SAP in the third quarter valued at approximately $220,000.

SAP Stock Up 1.8 %

NYSE:SAP traded up $4.90 during trading hours on Friday, reaching $278.45. The company's stock had a trading volume of 1,849,940 shares, compared to its average volume of 996,111. The company has a market capitalization of $342.08 billion, a P/E ratio of 97.02, a price-to-earnings-growth ratio of 4.71 and a beta of 1.28. SAP SE has a 12 month low of $179.15 and a 12 month high of $293.70. 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 stock has a 50 day moving average price of $267.83 and a two-hundred day moving average price of $257.01.

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

SAP Increases Dividend

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

Analyst Ratings Changes

A number of analysts recently issued reports on SAP shares. Barclays reiterated an "overweight" rating and issued a $308.00 price target (up previously from $286.00) on shares of SAP in a report on Thursday. Royal Bank of Canada reiterated an "outperform" rating and issued a $38.00 price target on shares of SAP in a report on Thursday, January 30th. JMP Securities boosted their price target on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. Finally, BMO Capital Markets boosted 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. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $254.67.

About SAP

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.