SAP SE (NYSE:SAP) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC lifted its holdings in SAP SE (NYSE:SAP - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,249 shares of the software maker's stock after buying an additional 3,681 shares during the quarter. Pathstone Holdings LLC's holdings in SAP were worth $20,990,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SAP. Fisher Asset Management LLC boosted its position in SAP by 8.6% during the fourth quarter. Fisher Asset Management LLC now owns 5,118,138 shares of the software maker's stock worth $1,260,137,000 after purchasing an additional 403,956 shares in the last quarter. TD Asset Management Inc. boosted its position in 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 in the last quarter. Northern Trust Corp boosted its position in 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 in the last quarter. JPMorgan Chase & Co. boosted its position in 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 in the last quarter. Finally, Bank of America Corp DE boosted its position in SAP by 5.7% during the fourth quarter. Bank of America Corp DE now owns 1,314,814 shares of the software maker's stock worth $323,720,000 after purchasing an additional 70,613 shares in the last quarter.

Analyst Ratings Changes

SAP has been the topic of a number of research analyst reports. Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research report on Friday, May 2nd. Barclays reiterated an "overweight" rating and set a $308.00 target price (up from $286.00) on shares of SAP in a research report on Thursday, April 24th. Royal Bank of Canada reiterated an "outperform" rating and set a $38.00 target price on shares of SAP in a research report on Thursday, January 30th. Argus reiterated a "buy" rating and set a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. Finally, BMO Capital Markets boosted their price target on SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a report on Wednesday, April 23rd. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, SAP currently has a consensus rating of "Buy" and a consensus price target of $264.00.

SAP Price Performance

Shares of NYSE SAP traded up $2.11 during trading on Friday, reaching $296.46. The company had a trading volume of 1,192,583 shares, compared to its average volume of 1,046,511. SAP SE has a twelve month low of $179.43 and a twelve month high of $303.40. The stock has a market capitalization of $364.20 billion, a PE ratio of 103.30, a price-to-earnings-growth ratio of 4.71 and a beta of 1.35. The stock has a 50-day moving average price of $272.18 and a two-hundred day moving average price of $263.13. 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 released its quarterly earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.12. The company 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, sell-side analysts predict that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be paid a $2.5423 dividend. This is a positive change from SAP's previous annual dividend of $2.39. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 13th. SAP's dividend payout ratio is presently 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.