Wolf Group Capital Advisors Purchases Shares of 1,002 SAP SE (NYSE:SAP)

Wolf Group Capital Advisors bought a new position in shares of SAP SE (NYSE:SAP - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,002 shares of the software maker's stock, valued at approximately $269,000.

Other institutional investors also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of SAP by 152.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker's stock worth $101,969,000 after purchasing an additional 249,824 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of SAP by 98.9% during the fourth quarter. D.A. Davidson & CO. now owns 2,572 shares of the software maker's stock worth $633,000 after purchasing an additional 1,279 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of SAP by 164.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,681 shares of the software maker's stock worth $660,000 after purchasing an additional 1,667 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in shares of SAP by 89.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 5,511 shares of the software maker's stock worth $1,357,000 after purchasing an additional 2,601 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of SAP by 41.3% during the fourth quarter. Deutsche Bank AG now owns 4,773 shares of the software maker's stock worth $1,175,000 after purchasing an additional 1,396 shares during the period.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SAP. JMP Securities reiterated a "market outperform" rating and set a $330.00 target price on shares of SAP in a report on Friday, May 23rd. BMO Capital Markets increased their price target on shares of SAP from $320.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, May 23rd. Barclays reissued an "overweight" rating and issued a $308.00 price target (up from $286.00) on shares of SAP in a research note on Thursday, April 24th. Jefferies Financial Group reissued a "buy" rating on shares of SAP in a research note on Friday, May 2nd. Finally, Piper Sandler began coverage on shares of SAP in a research note on Tuesday. They issued an "overweight" rating for the company. Ten 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, SAP presently has a consensus rating of "Buy" and an average target price of $271.83.

SAP Price Performance

SAP stock opened at $289.92 on Thursday. SAP SE has a 1 year low of $190.21 and a 1 year high of $311.40. The firm has a 50-day moving average of $289.11 and a 200 day moving average of $273.45. The company has a market cap of $356.17 billion, a P/E ratio of 55.54, a PEG ratio of 4.22 and a beta of 1.32. 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 (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.12. SAP had a net margin of 16.33% and a return on equity of 13.66%. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $9.08 billion. On average, sell-side analysts forecast that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

The firm also recently announced 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 is an increase from SAP's previous annual dividend of $2.39. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a dividend yield of 0.8%. SAP's dividend payout ratio (DPR) is currently 35.25%.

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.

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