Yousif Capital Management LLC Has $3.87 Million Stock Holdings in SAP SE (NYSE:SAP)

Yousif Capital Management LLC lessened its stake in shares of SAP SE (NYSE:SAP - Free Report) by 18.4% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 14,399 shares of the software maker's stock after selling 3,250 shares during the quarter. Yousif Capital Management LLC's holdings in SAP were worth $3,865,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SAP. Centricity Wealth Management LLC bought a new position in SAP during the 4th quarter worth $25,000. Union Bancaire Privee UBP SA acquired a new position in shares of SAP in the fourth quarter valued at about $27,000. Rakuten Securities Inc. grew its stake in shares of SAP by 2,700.0% in the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after acquiring an additional 108 shares in the last quarter. Founders Capital Management increased its position in SAP by 133.9% during the first quarter. Founders Capital Management now owns 131 shares of the software maker's stock worth $35,000 after acquiring an additional 75 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in SAP in the 4th quarter worth about $42,000.

Wall Street Analysts Forecast Growth

SAP has been the topic of a number of analyst reports. Barclays restated an "overweight" rating and set 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 note on Friday, May 23rd. UBS Group raised SAP to a "strong-buy" rating in a report on Friday, May 30th. BMO Capital Markets increased their target price on SAP from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, May 23rd. Finally, Jefferies Financial Group restated a "buy" rating on shares of SAP in a research report on Friday, May 2nd. Nine research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $271.83.

SAP Price Performance

Shares of SAP stock traded down $8.81 during trading on Friday, reaching $292.93. 1,445,001 shares of the company's stock were exchanged, compared to its average volume of 1,064,132. The company has a market cap of $359.87 billion, a P/E ratio of 102.07, a PEG ratio of 4.71 and a beta of 1.32. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a 1-year low of $186.50 and a 1-year high of $311.40. The firm's 50-day moving average price is $285.59 and its 200 day moving average price is $271.84.

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. The business had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $9.08 billion. SAP had a return on equity of 12.18% and a net margin of 9.17%. As a group, research 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 given a $2.5423 dividend. This is a boost from SAP's previous annual dividend of $2.39. This represents a yield of 0.8%. The ex-dividend date was Tuesday, May 13th. SAP's dividend payout ratio is 35.25%.

SAP 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.