American Trust Takes Position in SAP SE (NYSE:SAP)

American Trust acquired a new stake in SAP SE (NYSE:SAP - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,323 shares of the software maker's stock, valued at approximately $326,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ascent Group LLC boosted its holdings in shares of SAP by 3.9% in the fourth quarter. Ascent Group LLC now owns 1,409 shares of the software maker's stock valued at $347,000 after acquiring an additional 53 shares in the last quarter. Putney Financial Group LLC bought a new position in shares of SAP in the fourth quarter valued at approximately $66,000. Forum Financial Management LP boosted its holdings in shares of SAP by 16.3% in the fourth quarter. Forum Financial Management LP now owns 17,674 shares of the software maker's stock valued at $4,352,000 after acquiring an additional 2,482 shares in the last quarter. Toronto Dominion Bank boosted its holdings in shares of SAP by 149.0% in the fourth quarter. Toronto Dominion Bank now owns 1,758 shares of the software maker's stock valued at $432,000 after acquiring an additional 1,052 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC bought a new position in shares of SAP in the fourth quarter valued at approximately $3,730,000.

SAP Trading Up 1.1%

Shares of NYSE:SAP traded up $3.19 during mid-day trading on Friday, hitting $300.12. The stock had a trading volume of 745,110 shares, compared to its average volume of 1,056,600. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The company has a market cap of $368.70 billion, a PE ratio of 104.59, a P/E/G ratio of 4.71 and a beta of 1.35. SAP SE has a 12-month low of $179.43 and a 12-month high of $304.43. The company's 50 day moving average is $277.53 and its 200-day moving average is $266.85.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly 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. SAP had a net margin of 9.17% and a return on equity of 12.18%. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $9.08 billion. On average, sell-side analysts predict that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th were given a $2.5423 dividend. This is an increase from SAP's previous annual dividend of $2.39. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a yield of 0.8%. SAP's dividend payout ratio is presently 35.25%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. JMP Securities reissued a "market outperform" rating and set a $330.00 target price on shares of SAP in a research note on Friday, May 23rd. Wells Fargo & Company assumed coverage on shares of SAP in a research note on Tuesday, May 20th. They set an "overweight" rating for the company. Barclays reissued an "overweight" rating and set a $308.00 target price (up from $286.00) on shares of SAP in a research note on Thursday, April 24th. Finally, Argus reissued a "buy" rating and set a $320.00 target price on shares of SAP in a research note on Tuesday, April 29th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $271.83.

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.