Clare Market Investments LLC Invests $537,000 in SAP SE (NYSE:SAP)

Clare Market Investments LLC bought a new stake in shares of SAP SE (NYSE:SAP - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,000 shares of the software maker's stock, valued at approximately $537,000.

A number of other large investors also recently made changes to their positions in the business. Centricity Wealth Management LLC bought a new stake in shares of SAP in the 4th quarter valued at approximately $25,000. Union Bancaire Privee UBP SA acquired a new position in shares of SAP during the fourth quarter worth approximately $27,000. Rakuten Securities Inc. boosted its position in shares of 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 period. Founders Capital Management raised its stake in SAP by 133.9% during the 1st quarter. Founders Capital Management now owns 131 shares of the software maker's stock valued at $35,000 after purchasing an additional 75 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in SAP in the 4th quarter worth $42,000.

SAP Price Performance

SAP stock traded up $0.74 during trading hours on Friday, hitting $309.84. 571,357 shares of the stock were exchanged, compared to its average volume of 1,055,376. The stock has a market capitalization of $380.64 billion, a P/E ratio of 107.96, a P/E/G ratio of 4.71 and a beta of 1.32. The business's 50-day moving average is $281.12 and its two-hundred day moving average is $269.45. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a 12 month low of $186.40 and a 12 month high of $311.40.

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 business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion. Equities research analysts expect 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 was paid on Friday, May 23rd. Investors of record on Tuesday, May 13th were issued a $2.5423 dividend. This represents a dividend yield of 0.8%. This is a boost from SAP's previous annual dividend of $2.39. The ex-dividend date was Tuesday, May 13th. SAP's payout ratio is currently 35.25%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. BMO Capital Markets boosted their price objective on SAP from $320.00 to $330.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. UBS Group raised shares of SAP to a "strong-buy" rating in a report on Friday, May 30th. Barclays reaffirmed an "overweight" rating and set a $308.00 price objective (up from $286.00) on shares of SAP in a report on Thursday, April 24th. JMP Securities reissued a "market outperform" rating and issued a $330.00 target price on shares of SAP in a research note on Friday, May 23rd. Finally, Jefferies Financial Group reissued a "buy" rating on shares of SAP in a research report on Friday, May 2nd. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, SAP has an average rating of "Buy" and an average price target of $271.83.

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.