3,330 Shares in SAP SE (NYSE:SAP) Purchased by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC bought a new stake in SAP SE (NYSE:SAP - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,330 shares of the software maker's stock, valued at approximately $820,000.

A number of other hedge funds have also made changes to their positions in the stock. Centricity Wealth Management LLC acquired a new stake in SAP in the fourth quarter valued at approximately $25,000. Union Bancaire Privee UBP SA bought a new stake in SAP during the fourth quarter worth approximately $27,000. Rakuten Securities Inc. grew its holdings in SAP by 2,700.0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after purchasing an additional 108 shares during the last quarter. Albion Financial Group UT lifted its stake in shares of SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock worth $32,000 after buying an additional 71 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of SAP during the 4th quarter worth $42,000.

SAP Price Performance

Shares of NYSE:SAP traded down $0.33 during trading on Friday, reaching $294.00. The stock had a trading volume of 705,567 shares, compared to its average volume of 1,030,557. The stock has a market capitalization of $361.18 billion, a PE ratio of 102.44, a P/E/G ratio of 4.71 and a beta of 1.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP SE has a 52 week low of $179.43 and a 52 week high of $303.40. The business's 50-day moving average price is $269.93 and its 200 day moving average price is $260.67.

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

SAP Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be paid a dividend of $2.5423 per share. This is a boost 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 dividend payout ratio is 35.25%.

Wall Street Analysts Forecast Growth

SAP has been the subject of several research analyst reports. Kepler Capital Markets raised SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. JMP Securities lifted their target price on SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research report on Wednesday, January 29th. Argus reaffirmed a "buy" rating and issued a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. TD Cowen raised shares of SAP from a "hold" rating to a "buy" rating and increased their price target for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Finally, Barclays reiterated an "overweight" rating and issued a $308.00 price objective (up from $286.00) on shares of SAP in a research note on Thursday, April 24th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $264.00.

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.