Two Sigma Advisers LP Boosts Stock Holdings in SAP SE (NYSE:SAP)

Two Sigma Advisers LP increased its holdings in shares of SAP SE (NYSE:SAP - Free Report) by 185.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,000 shares of the software maker's stock after buying an additional 3,900 shares during the period. Two Sigma Advisers LP's holdings in SAP were worth $1,477,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SAP. Centricity Wealth Management LLC acquired a new stake in shares of SAP in the fourth quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new stake in SAP in the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. increased its position in SAP by 2,700.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after purchasing an additional 108 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in SAP during the 4th quarter worth approximately $42,000. Finally, Iron Horse Wealth Management LLC bought a new position in SAP during the 4th quarter worth approximately $57,000.

Wall Street Analysts Forecast Growth

SAP has been the subject of several recent analyst reports. Barclays reiterated an "overweight" rating and set a $308.00 price objective (up from $286.00) on shares of SAP in a research report on Thursday, April 24th. Jefferies Financial Group reaffirmed a "buy" rating on shares of SAP in a research report on Friday, May 2nd. JMP Securities reissued a "market outperform" rating and issued a $330.00 price objective on shares of SAP in a research report on Friday, May 23rd. UBS Group raised SAP to a "strong-buy" rating in a research note on Friday, May 30th. Finally, Wells Fargo & Company started coverage on SAP in a research note on Tuesday, May 20th. They set an "overweight" rating for the company. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, SAP has an average rating of "Buy" and an average price target of $271.83.

SAP Stock Up 1.2%

Shares of SAP stock traded up $3.55 on Wednesday, reaching $309.94. 189,334 shares of the company were exchanged, compared to its average volume of 1,053,470. 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 company has a 50-day moving average of $279.49 and a 200-day moving average of $268.63. The company has a market cap of $380.76 billion, a price-to-earnings ratio of 107.98, a PEG ratio of 4.71 and a beta of 1.35. SAP SE has a one year low of $183.23 and a one year high of $310.54.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, topping 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 business had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion. Analysts anticipate that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

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

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.