SAP SE (NYSE:SAP) Stock Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in shares of SAP SE (NYSE:SAP - Free Report) by 13.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,264 shares of the software maker's stock after purchasing an additional 6,704 shares during the period. Dimensional Fund Advisors LP's holdings in SAP were worth $14,099,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

SAP has been the topic of a number of recent research reports. JMP Securities boosted their price objective on SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 29th. Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research note on Friday, May 2nd. Barclays reissued an "overweight" rating and issued a $308.00 price objective (up from $286.00) on shares of SAP in a research report on Thursday, April 24th. TD Cowen upgraded SAP from a "hold" rating to a "buy" rating and boosted their price target for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Finally, BMO Capital Markets raised their price objective on SAP from $300.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP currently has an average rating of "Buy" and a consensus target price of $264.00.

SAP Stock Performance

SAP stock traded down $0.33 during mid-day trading on Friday, reaching $294.00. The company's stock had a trading volume of 705,567 shares, compared to its average volume of 1,032,520. The firm has a market cap of $361.18 billion, a price-to-earnings ratio of 102.44, a PEG 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 business has a 50 day moving average price of $270.23 and a 200-day moving average price of $261.28. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

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, topping the consensus estimate 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 analyst estimates of $9.08 billion. Sell-side analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

The business 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 dividend of $2.5423 per share. This is an increase from SAP's previous annual dividend of $2.39. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 13th. SAP's dividend payout ratio is presently 35.25%.

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.