Deutsche Bank AG increased its holdings in SAP SE (NYSE:SAP - Free Report) by 41.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,773 shares of the software maker's stock after acquiring an additional 1,396 shares during the quarter. Deutsche Bank AG's holdings in SAP were worth $1,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. boosted its position in shares of SAP by 4.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock worth $235,000 after purchasing an additional 38 shares during the period. Alaethes Wealth LLC grew its holdings in SAP by 0.4% during the 4th quarter. Alaethes Wealth LLC now owns 11,087 shares of the software maker's stock worth $2,730,000 after acquiring an additional 39 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in shares of SAP by 2.0% in the 4th quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker's stock valued at $538,000 after buying an additional 43 shares in the last quarter. Foster Group Inc. boosted its stake in SAP by 4.3% in the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker's stock worth $268,000 after purchasing an additional 45 shares in the last quarter. Finally, Addison Advisors LLC boosted its stake in SAP by 3.0% in the 4th quarter. Addison Advisors LLC now owns 1,586 shares of the software maker's stock worth $390,000 after purchasing an additional 46 shares in the last quarter.
Wall Street Analyst Weigh In
SAP has been the subject of several recent analyst reports. Jefferies Financial Group reissued a "buy" rating on shares of SAP in a report on Friday, May 2nd. JMP Securities restated a "market outperform" rating and set a $330.00 price target on shares of SAP in a research note on Friday, May 23rd. Argus restated a "buy" rating and issued a $320.00 price objective on shares of SAP in a research report on Tuesday, April 29th. BMO Capital Markets upped their price target on shares of SAP from $320.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, SAP currently has a consensus rating of "Buy" and a consensus target price of $271.83.
Check Out Our Latest Report on SAP
SAP Stock Performance
SAP stock traded up $5.41 on Friday, reaching $302.34. 283,068 shares of the company were exchanged, compared to its average volume of 1,054,855. The stock's fifty day moving average price is $277.53 and its 200 day moving average price is $266.85. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a market capitalization of $371.43 billion, a PE ratio of 105.41, a PEG 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.
SAP (NYSE:SAP - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.12. SAP had a return on equity of 12.18% and a net margin of 9.17%. The firm had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $9.08 billion. On average, research analysts anticipate 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 given a dividend of $2.5423 per share. This represents a yield of 0.8%. This is a positive change from SAP's previous annual dividend of $2.39. The ex-dividend date was Tuesday, May 13th. SAP's dividend payout ratio (DPR) is currently 35.25%.
SAP Company Profile
(
Free Report)
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.
Read More
Before you consider SAP, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SAP wasn't on the list.
While SAP currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
