1,032 Shares in SAP SE (NYSE:SAP) Acquired by Waverly Advisors LLC

Waverly Advisors LLC purchased a new position in shares of SAP SE (NYSE:SAP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,032 shares of the software maker's stock, valued at approximately $254,000.

Several other institutional investors have also modified their holdings of the company. Centricity Wealth Management LLC bought a new position in SAP in the 4th quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new position in SAP in the 4th quarter valued at about $27,000. Rakuten Securities Inc. grew its position in SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after buying an additional 108 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in SAP in the 4th quarter valued at about $42,000. Finally, Iron Horse Wealth Management LLC bought a new position in SAP in the 4th quarter valued at about $57,000.

Analysts Set New Price Targets

SAP has been the subject of a number of recent analyst reports. Wells Fargo & Company initiated coverage on shares of SAP in a research report on Tuesday, May 20th. They issued an "overweight" rating for the company. Argus reiterated a "buy" rating and issued a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. Barclays reiterated an "overweight" rating and issued a $308.00 target price (up previously from $286.00) on shares of SAP in a research report on Thursday, April 24th. JMP Securities restated a "market outperform" rating and set a $330.00 price objective on shares of SAP in a research report on Friday, May 23rd. Finally, BMO Capital Markets raised their price objective on shares of SAP from $320.00 to $330.00 and gave the company an "outperform" rating in a research report on Friday, May 23rd. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP has a consensus rating of "Buy" and a consensus price target of $271.83.

SAP Trading Up 2.1%

SAP stock traded up $6.24 during mid-day trading on Friday, reaching $303.17. 1,188,330 shares of the stock traded hands, compared to its average volume of 1,055,580. SAP SE has a 52-week low of $181.84 and a 52-week high of $304.43. The stock's fifty day moving average is $277.99 and its 200-day moving average is $267.58. The company has a market cap of $372.45 billion, a P/E ratio of 105.63, a P/E/G ratio of 4.71 and a beta of 1.35. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, topping 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 company had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $9.08 billion. As a group, sell-side analysts expect that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

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