Personal CFO Solutions LLC Has $2.24 Million Stock Position in SAP SE (NYSE:SAP)

Personal CFO Solutions LLC decreased its holdings in shares of SAP SE (NYSE:SAP - Free Report) by 10.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,357 shares of the software maker's stock after selling 964 shares during the quarter. Personal CFO Solutions LLC's holdings in SAP were worth $2,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC increased its stake in SAP by 585.7% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 96 shares of the software maker's stock valued at $26,000 after purchasing an additional 82 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in SAP by 153.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the software maker's stock worth $29,000 after purchasing an additional 66 shares during the period. Rakuten Securities Inc. lifted its holdings in SAP by 2,700.0% in the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock worth $28,000 after purchasing an additional 108 shares during the period. Founders Capital Management lifted its holdings in SAP by 133.9% in the first quarter. Founders Capital Management now owns 131 shares of the software maker's stock worth $35,000 after purchasing an additional 75 shares during the period. Finally, Highline Wealth Partners LLC lifted its holdings in SAP by 126.2% in the 1st quarter. Highline Wealth Partners LLC now owns 138 shares of the software maker's stock valued at $37,000 after acquiring an additional 77 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SAP. JMP Securities reiterated a "market outperform" rating and issued a $330.00 target price on shares of SAP in a report on Friday, May 23rd. Jefferies Financial Group reaffirmed a "buy" rating on shares of SAP in a research report on Friday, May 2nd. Wells Fargo & Company began coverage on shares of SAP in a research note on Tuesday, May 20th. They issued an "overweight" rating on the stock. Argus reiterated a "buy" rating and set a $320.00 price target on shares of SAP in a research report on Tuesday, April 29th. Finally, Wall Street Zen upgraded shares of SAP from a "hold" rating to a "buy" rating in a research report on Sunday, June 29th. Eleven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $271.83.

SAP Trading Down 1.8%

Shares of NYSE SAP traded down $5.57 during mid-day trading on Thursday, hitting $306.36. The company's stock had a trading volume of 986,200 shares, compared to its average volume of 1,088,037. The stock has a market cap of $376.37 billion, a price-to-earnings ratio of 58.69, a price-to-earnings-growth ratio of 4.38 and a beta of 1.30. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.17 and a quick ratio of 1.17. SAP SE has a one year low of $194.93 and a one year high of $314.68. The company's fifty day simple moving average is $298.74 and its 200-day simple moving average is $278.56.

SAP (NYSE:SAP - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.12. The company had revenue of $10.35 billion for the quarter, compared to analyst estimates of $9.08 billion. SAP had a net margin of 16.33% and a return on equity of 13.66%. On average, sell-side analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

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.