Nia Impact Advisors LLC Reduces Holdings in SAP SE (NYSE:SAP)

Nia Impact Advisors LLC lowered its holdings in SAP SE (NYSE:SAP - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,762 shares of the software maker's stock after selling 3,122 shares during the period. SAP comprises 2.3% of Nia Impact Advisors LLC's holdings, making the stock its 13th largest position. Nia Impact Advisors LLC's holdings in SAP were worth $7,081,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Nomura Holdings Inc. purchased a new position in SAP in the fourth quarter worth $1,301,000. Night Owl Capital Management LLC raised its stake in shares of SAP by 3.0% in the fourth quarter. Night Owl Capital Management LLC now owns 227,670 shares of the software maker's stock valued at $56,055,000 after buying an additional 6,647 shares during the period. LMR Partners LLP raised its stake in shares of SAP by 133.3% in the fourth quarter. LMR Partners LLP now owns 70,000 shares of the software maker's stock valued at $17,235,000 after buying an additional 40,000 shares during the period. Interval Partners LP bought a new stake in shares of SAP in the fourth quarter valued at $1,569,000. Finally, Junto Capital Management LP bought a new stake in shares of SAP in the fourth quarter valued at $21,552,000.

SAP Price Performance

SAP stock traded up $2.11 during midday trading on Friday, hitting $296.46. 1,192,583 shares of the company's stock were exchanged, compared to its average volume of 1,044,605. SAP SE has a 52-week low of $179.43 and a 52-week high of $303.40. The stock has a 50-day moving average price of $272.18 and a two-hundred day moving average price of $262.95. 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 company has a market cap of $364.20 billion, a P/E ratio of 103.30, a PEG ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings data 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 12.18% and a net margin of 9.17%. The firm had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $9.08 billion. On average, equities research analysts forecast that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a $2.5423 dividend. This is a boost from SAP's previous annual dividend of $2.39. This represents a dividend yield of 0.8%. The ex-dividend date is Tuesday, May 13th. SAP's dividend payout ratio is presently 35.25%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Barclays restated an "overweight" rating and issued a $308.00 target price (up from $286.00) on shares of SAP in a research note on Thursday, April 24th. TD Cowen upgraded SAP from a "hold" rating to a "buy" rating and boosted their target price for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Royal Bank of Canada restated an "outperform" rating and issued a $38.00 target price on shares of SAP in a research note on Thursday, January 30th. Argus restated a "buy" rating and issued a $320.00 target price on shares of SAP in a research note on Tuesday, April 29th. Finally, BMO Capital Markets boosted their price objective on SAP from $300.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, SAP presently has a consensus rating of "Buy" and a consensus price target of $264.00.

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.