Value Partners Investments Inc. Has $763,000 Stake in SAP SE (NYSE:SAP)

Value Partners Investments Inc. reduced its position in shares of SAP SE (NYSE:SAP - Free Report) by 92.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,101 shares of the software maker's stock after selling 39,442 shares during the quarter. Value Partners Investments Inc.'s holdings in SAP were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Atomi Financial Group Inc. boosted its position in shares of SAP by 38.9% during the fourth quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker's stock worth $3,074,000 after purchasing an additional 3,495 shares in the last quarter. Mount Yale Investment Advisors LLC raised its position in shares of SAP by 208.2% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker's stock worth $4,030,000 after purchasing an additional 11,057 shares during the period. JPMorgan Chase & Co. increased its stake in SAP by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker's stock worth $125,654,000 after purchasing an additional 7,667 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of SAP by 152.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker's stock worth $101,969,000 after acquiring an additional 249,824 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in SAP by 98.9% in the 4th quarter. D.A. Davidson & CO. now owns 2,572 shares of the software maker's stock worth $633,000 after purchasing an additional 1,279 shares during the period.

SAP Price Performance

Shares of SAP stock traded down $3.46 on Friday, hitting $257.02. 1,503,694 shares of the company's stock were exchanged, compared to its average volume of 979,736. SAP SE has a 12 month low of $175.08 and a 12 month high of $293.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The company has a 50 day moving average of $270.47 and a 200 day moving average of $255.11. The stock has a market cap of $315.75 billion, a P/E ratio of 89.55, a price-to-earnings-growth ratio of 4.71 and a beta of 1.28.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. On average, equities research analysts predict that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be paid a $2.5423 dividend. This is a boost from SAP's previous annual dividend of $2.39. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a dividend yield of 0.8%. SAP's dividend payout ratio is presently 64.11%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a research note on Wednesday, January 15th. Barclays raised their target price on shares of SAP from $283.00 to $286.00 and gave the company an "overweight" rating in a research report on Thursday, January 30th. BMO Capital Markets cut their price target on shares of SAP from $307.00 to $300.00 and set an "outperform" rating on the stock in a research report on Wednesday. Royal Bank of Canada restated an "outperform" rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Finally, TD Cowen upgraded SAP from a "hold" rating to a "buy" rating and lifted their target price for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $247.67.

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.