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NBC Securities Inc. Has $326,000 Position in SAP SE (NYSE:SAP)

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NBC Securities Inc. increased its stake in SAP SE (NYSE:SAP - Free Report) by 60,800.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,218 shares of the software maker's stock after purchasing an additional 1,216 shares during the quarter. NBC Securities Inc.'s holdings in SAP were worth $326,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SAP. Principal Street Partners LLC boosted its holdings in shares of SAP by 1.0% during the 4th quarter. Principal Street Partners LLC now owns 3,688 shares of the software maker's stock worth $908,000 after buying an additional 35 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in SAP by 4.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock valued at $235,000 after acquiring an additional 38 shares during the period. Alaethes Wealth LLC grew its position in shares of SAP by 0.4% in the fourth quarter. Alaethes Wealth LLC now owns 11,087 shares of the software maker's stock valued at $2,730,000 after purchasing an additional 39 shares during the last quarter. Lindbrook Capital LLC increased its stake in shares of SAP by 2.0% in the fourth quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker's stock worth $538,000 after purchasing an additional 43 shares during the period. Finally, Addison Advisors LLC increased its stake in shares of SAP by 3.0% in the fourth quarter. Addison Advisors LLC now owns 1,586 shares of the software maker's stock worth $390,000 after purchasing an additional 46 shares during the period.

SAP Stock Performance

SAP stock traded down $1.04 during midday trading on Tuesday, hitting $304.38. The stock had a trading volume of 1,022,027 shares, compared to its average volume of 1,060,918. SAP SE has a 52 week low of $186.40 and a 52 week high of $311.40. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The stock has a 50-day simple moving average of $283.39 and a 200 day simple moving average of $271.17. The firm has a market capitalization of $373.94 billion, a price-to-earnings ratio of 106.06, a P/E/G ratio of 4.71 and a beta of 1.32.

SAP (NYSE:SAP - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.12. SAP had a net margin of 9.17% and a return on equity of 12.18%. The company had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $9.08 billion. As a group, equities research analysts anticipate that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

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

Wall Street Analyst Weigh In

SAP has been the topic of a number of research analyst reports. JMP Securities reaffirmed a "market outperform" rating and issued a $330.00 target price on shares of SAP in a report on Friday, May 23rd. BMO Capital Markets increased 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 upgraded shares of SAP to a "strong-buy" rating in a research note on Friday, May 30th. Argus reiterated a "buy" rating and set a $320.00 target price on shares of SAP in a research note on Tuesday, April 29th. Finally, Wells Fargo & Company initiated coverage on shares of SAP in a research report on Tuesday, May 20th. They issued an "overweight" rating on the stock. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, SAP has an average rating of "Buy" and a consensus target price of $271.83.

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SAP Company Profile

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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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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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