2,056 Shares in SAP SE $SAP Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft bought a new stake in shares of SAP SE (NYSE:SAP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,056 shares of the software maker's stock, valued at approximately $625,000.

Several other hedge funds have also recently added to or reduced their stakes in SAP. Bartlett & CO. Wealth Management LLC lifted its position in shares of SAP by 585.7% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 96 shares of the software maker's stock valued at $26,000 after acquiring an additional 82 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in shares of SAP by 153.5% during the first quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the software maker's stock valued at $29,000 after purchasing an additional 66 shares during the last quarter. Founders Capital Management increased its stake in SAP by 133.9% in the 1st quarter. Founders Capital Management now owns 131 shares of the software maker's stock worth $35,000 after purchasing an additional 75 shares in the last quarter. Highline Wealth Partners LLC raised its holdings in SAP by 126.2% during the 1st quarter. Highline Wealth Partners LLC now owns 138 shares of the software maker's stock worth $37,000 after buying an additional 77 shares during the period. Finally, Dagco Inc. acquired a new stake in SAP during the 1st quarter worth about $45,000.

Analysts Set New Price Targets

SAP has been the subject of several recent analyst reports. BMO Capital Markets raised their target price on shares of SAP from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, May 23rd. Barclays reaffirmed an "overweight" rating and issued a $322.00 price objective (up previously from $308.00) on shares of SAP in a research note on Friday, July 25th. Piper Sandler began coverage on shares of SAP in a research report on Tuesday, June 17th. They set an "overweight" rating on the stock. Wall Street Zen upgraded SAP from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of SAP in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $281.67.

SAP Trading Up 3.2%

Shares of NYSE:SAP opened at $269.91 on Friday. The firm has a fifty day moving average of $280.21 and a two-hundred day moving average of $282.53. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. SAP SE has a 12-month low of $217.51 and a 12-month high of $313.28. The firm has a market capitalization of $331.59 billion, a P/E ratio of 44.69, a price-to-earnings-growth ratio of 3.75 and a beta of 1.29.

SAP (NYSE:SAP - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The software maker reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.07. The business had revenue of $10.58 billion during the quarter, compared to analyst estimates of $9.10 billion. SAP had a return on equity of 14.84% and a net margin of 18.26%.SAP's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $1.10 earnings per share. On average, equities analysts expect that SAP SE will post 6.55 EPS for the current fiscal year.

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.

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