SAP SE (NYSE:SAP) Shares Sold by Windacre Partnership LLC

Windacre Partnership LLC cut its position in shares of SAP SE (NYSE:SAP - Free Report) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,203,500 shares of the software maker's stock after selling 195,700 shares during the period. SAP makes up 4.3% of Windacre Partnership LLC's holdings, making the stock its 10th biggest holding. Windacre Partnership LLC owned 0.10% of SAP worth $296,314,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SAP. Centricity Wealth Management LLC purchased a new stake in shares of SAP in the 4th quarter valued at approximately $25,000. Union Bancaire Privee UBP SA purchased a new stake in shares of SAP in the 4th quarter valued at approximately $27,000. Rakuten Securities Inc. raised its stake in shares of 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 acquiring an additional 108 shares during the period. Albion Financial Group UT raised its stake in shares of SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock valued at $32,000 after acquiring an additional 71 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in SAP during the 4th quarter worth approximately $42,000.

SAP Stock Down 0.2%

NYSE SAP traded down $0.67 on Wednesday, hitting $298.60. 761,594 shares of the stock were exchanged, compared to its average volume of 1,046,559. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. SAP SE has a fifty-two week low of $179.43 and a fifty-two week high of $303.40. The company has a market cap of $366.83 billion, a PE ratio of 104.04, a PEG ratio of 4.71 and a beta of 1.35. The company has a 50-day moving average price of $274.45 and a 200-day moving average price of $264.28.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly 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. Sell-side analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 target price on shares of SAP in a research note on Thursday, January 30th. BMO Capital Markets upped their target price on shares of SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 23rd. Barclays reaffirmed an "overweight" rating and set a $308.00 target price (up from $286.00) on shares of SAP in a research note on Thursday, April 24th. JMP Securities upped their target price on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 29th. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of SAP in a research note on Friday, May 2nd. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $264.00.

About SAP

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.