Analysts Set SAP SE (NYSE:SAP) Price Target at $271.83

Shares of SAP SE (NYSE:SAP - Get Free Report) have been given a consensus rating of "Buy" by the nine analysts that are covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $271.83.

Several research firms have recently weighed in on SAP. Wells Fargo & Company began coverage on shares of SAP in a research report on Tuesday, May 20th. They set an "overweight" rating for the company. Royal Bank of Canada reiterated an "outperform" rating and set a $38.00 price target on shares of SAP in a report on Thursday, January 30th. JMP Securities reissued a "market outperform" rating and issued a $330.00 price objective on shares of SAP in a research note on Friday, May 23rd. BMO Capital Markets raised their target price on SAP from $320.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, May 23rd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a report on Friday, May 2nd.

SAP Trading Up 2.1%

Shares of SAP stock traded up $6.24 on Wednesday, hitting $303.17. The company had a trading volume of 1,188,330 shares, compared to its average volume of 1,058,322. SAP has a twelve month low of $179.43 and a twelve month high of $304.43. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The firm has a market cap of $372.45 billion, a P/E ratio of 105.63, a P/E/G ratio of 4.71 and a beta of 1.35. The stock's 50-day moving average is $277.53 and its two-hundred day moving average is $266.85.

SAP (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, beating the consensus estimate of $1.39 by $0.12. SAP had a return on equity of 12.18% and a net margin of 9.17%. The business had revenue of $10.35 billion for the quarter, compared to analysts' expectations of $9.08 billion. On average, equities research analysts anticipate that SAP will post 6.55 earnings per share for the current fiscal year.

SAP Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were paid a $2.5423 dividend. The ex-dividend date of this dividend was Tuesday, May 13th. This is an increase from SAP's previous annual dividend of $2.39. This represents a dividend yield of 0.8%. SAP's dividend payout ratio (DPR) is currently 35.25%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its holdings in shares of SAP by 8.6% during the fourth quarter. Fisher Asset Management LLC now owns 5,118,138 shares of the software maker's stock valued at $1,260,137,000 after acquiring an additional 403,956 shares in the last quarter. TD Asset Management Inc grew its position in SAP by 3.8% in the 1st quarter. TD Asset Management Inc now owns 1,662,809 shares of the software maker's stock valued at $446,364,000 after purchasing an additional 60,261 shares during the period. TD Asset Management Inc. increased its stake in SAP by 125.0% during the 4th quarter. TD Asset Management Inc. now owns 1,602,548 shares of the software maker's stock valued at $394,563,000 after purchasing an additional 890,157 shares in the last quarter. Northern Trust Corp raised its holdings in SAP by 2.8% during the first quarter. Northern Trust Corp now owns 1,512,724 shares of the software maker's stock worth $406,076,000 after buying an additional 40,926 shares during the last quarter. Finally, 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 valued at $331,523,000 after buying an additional 798,037 shares during the last quarter.

SAP Company 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.