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

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

Several other large investors have also recently added to or reduced their stakes in SAP. GAMMA Investing LLC grew its position in SAP by 31,239.5% during the 1st quarter. GAMMA Investing LLC now owns 1,306,229 shares of the software maker's stock worth $350,644,000 after acquiring an additional 1,302,061 shares during the last quarter. TD Asset Management Inc. grew its holdings in shares of SAP by 125.0% during the fourth quarter. TD Asset Management Inc. now owns 1,602,548 shares of the software maker's stock worth $394,563,000 after purchasing an additional 890,157 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SAP by 145.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,346,506 shares of the software maker's stock worth $331,523,000 after purchasing an additional 798,037 shares during the last quarter. Northern Trust Corp grew its holdings in shares of SAP by 91.2% during the fourth quarter. Northern Trust Corp now owns 1,471,798 shares of the software maker's stock worth $362,371,000 after purchasing an additional 701,880 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of SAP during the fourth quarter worth $163,630,000.

SAP Trading Down 0.8%

SAP stock traded down $2.21 during midday trading on Friday, reaching $287.60. The company's stock had a trading volume of 1,298,391 shares, compared to its average volume of 1,068,401. SAP SE has a 52 week low of $191.59 and a 52 week high of $311.40. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.15. The stock has a market cap of $353.31 billion, a PE ratio of 55.10, a price-to-earnings-growth ratio of 4.13 and a beta of 1.32. The business's 50-day simple moving average is $290.31 and its 200-day simple moving average is $274.23.

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, topping analysts' consensus estimates of $1.39 by $0.12. SAP had a return on equity of 13.66% and a net margin of 16.33%. The firm had revenue of $10.35 billion for the quarter, compared to analysts' expectations of $9.08 billion. As a group, sell-side analysts expect that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on SAP. Barclays reissued an "overweight" rating and set a $308.00 price objective (up previously from $286.00) on shares of SAP in a report on Thursday, April 24th. JMP Securities reissued a "market outperform" rating and set a $330.00 price target on shares of SAP in a research note on Friday, May 23rd. BMO Capital Markets increased their price target on shares of SAP from $320.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, May 23rd. UBS Group raised shares of SAP to a "strong-buy" rating in a research note on Friday, May 30th. Finally, Piper Sandler started coverage on SAP in a research report on Tuesday, June 17th. They issued an "overweight" rating on the stock. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, SAP currently has an average rating of "Buy" and a consensus price target of $271.83.

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.