Captrust Financial Advisors Has $7.75 Million Stake in SAP SE (NYSE:SAP)

Captrust Financial Advisors boosted its position in shares of SAP SE (NYSE:SAP - Free Report) by 18.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,493 shares of the software maker's stock after purchasing an additional 5,006 shares during the period. Captrust Financial Advisors' holdings in SAP were worth $7,754,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SAP. Oppenheimer & Co. Inc. boosted its position in SAP by 4.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock valued at $235,000 after purchasing an additional 38 shares during the last quarter. Alaethes Wealth LLC boosted its holdings in shares of SAP by 0.4% in the 4th quarter. Alaethes Wealth LLC now owns 11,087 shares of the software maker's stock valued at $2,730,000 after buying an additional 39 shares during the last quarter. Lindbrook Capital LLC increased its holdings in SAP by 2.0% during the fourth quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker's stock worth $538,000 after buying an additional 43 shares during the last quarter. Foster Group Inc. lifted its stake in SAP by 4.3% in the fourth quarter. Foster Group Inc. now owns 1,089 shares of the software maker's stock valued at $268,000 after acquiring an additional 45 shares during the last quarter. Finally, Wedmont Private Capital grew its position in shares of SAP by 2.4% in the 4th quarter. Wedmont Private Capital now owns 1,927 shares of the software maker's stock valued at $485,000 after acquiring an additional 46 shares during the period.

Analyst Ratings Changes

SAP has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an "outperform" rating and set a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. BMO Capital Markets boosted their target price on SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. JMP Securities lifted their price objective on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research report on Wednesday, January 29th. Argus reissued a "buy" rating and issued a $320.00 price objective on shares of SAP in a research report on Tuesday, April 29th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research note on Friday, May 2nd. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $264.00.

SAP Price Performance

SAP stock traded down $0.33 during trading on Friday, reaching $294.00. 705,567 shares of the company were exchanged, compared to its average volume of 1,032,520. 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 current ratio of 1.12 and a quick ratio of 1.10. The company has a market capitalization of $361.18 billion, a price-to-earnings ratio of 102.44, a P/E/G ratio of 4.71 and a beta of 1.35. The company has a 50-day moving average of $270.23 and a two-hundred day moving average of $261.44.

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

SAP Increases Dividend

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

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.