Nomura Holdings Inc. Purchases Shares of 5,285 SAP SE (NYSE:SAP)

Nomura Holdings Inc. purchased a new position in SAP SE (NYSE:SAP - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,285 shares of the software maker's stock, valued at approximately $1,301,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Wealth Advisors LLC raised its position in shares of SAP by 19.3% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 1,377 shares of the software maker's stock valued at $339,000 after buying an additional 223 shares in the last quarter. Gateway Investment Advisers LLC increased its stake in shares of SAP by 9.7% in the 4th quarter. Gateway Investment Advisers LLC now owns 1,264 shares of the software maker's stock valued at $311,000 after purchasing an additional 112 shares during the last quarter. Everpar Advisors LLC bought a new position in shares of SAP in the 4th quarter valued at $206,000. Merit Financial Group LLC bought a new stake in shares of SAP during the 4th quarter worth $654,000. Finally, Brooklyn Investment Group boosted its stake in SAP by 426.1% in the fourth quarter. Brooklyn Investment Group now owns 968 shares of the software maker's stock valued at $238,000 after buying an additional 784 shares in the last quarter.

SAP Trading Down 0.2%

SAP traded down $0.67 during midday trading on Wednesday, hitting $298.60. 761,594 shares of the company were exchanged, compared to its average volume of 1,045,748. The firm has a market capitalization of $366.83 billion, a P/E ratio of 104.04, a P/E/G ratio of 4.71 and a beta of 1.35. The firm's 50 day moving average price is $273.76 and its 200-day moving average price is $264.04. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. SAP SE has a 1-year low of $179.43 and a 1-year high of $303.40.

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, beating the consensus estimate of $1.39 by $0.12. The business had revenue of $10.35 billion for the quarter, compared to analysts' expectations 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 forecast that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

The company also recently announced 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 represents a yield of 0.8%. The ex-dividend date is Tuesday, May 13th. This is an increase from SAP's previous annual dividend of $2.39. SAP's dividend payout ratio (DPR) is currently 35.25%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SAP. Barclays reissued an "overweight" rating and issued a $308.00 target price (up previously from $286.00) on shares of SAP in a report on Thursday, April 24th. Wells Fargo & Company assumed coverage on shares of SAP in a research report on Tuesday. They issued an "overweight" rating on the stock. JMP Securities boosted their target price on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 29th. BMO Capital Markets increased their price target on SAP from $300.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Finally, Royal Bank of Canada restated an "outperform" rating and set a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, SAP currently has an average rating of "Buy" and a consensus price target of $264.00.

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.