SAP SE (NYSE:SAP) Shares Acquired by Albion Financial Group UT

Albion Financial Group UT increased its stake in shares of SAP SE (NYSE:SAP) by 122.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129 shares of the software maker’s stock after purchasing an additional 71 shares during the quarter. Albion Financial Group UT’s holdings in SAP were worth $32,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SAP. Godsey & Gibb Inc. acquired a new stake in shares of SAP in the 3rd quarter worth $25,000. Brooklyn Investment Group purchased a new position in SAP during the third quarter worth about $42,000. Prospera Private Wealth LLC acquired a new stake in SAP in the third quarter valued at about $47,000. Financial Management Professionals Inc. boosted its holdings in SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after purchasing an additional 103 shares in the last quarter. Finally, Versant Capital Management Inc purchased a new position in shares of SAP during the 4th quarter worth approximately $54,000.

Analyst Ratings Changes

SAP has been the topic of a number of recent analyst reports. Barclays upped their price objective on SAP from $252.00 to $275.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. BMO Capital Markets increased their price target on shares of SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $240.00 to $305.00 in a report on Friday, January 17th. JMP Securities increased their target price on shares of SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a report on Tuesday, October 22nd. Finally, Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Eleven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP presently has an average rating of “Buy” and a consensus price target of $263.17.

SAP Stock Up 1.3 %

SAP stock opened at $272.91 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. SAP SE has a 12 month low of $161.07 and a 12 month high of $275.10. The firm has a market capitalization of $335.27 billion, a PE ratio of 109.16, a P/E/G ratio of 3.82 and a beta of 1.22. The company’s 50 day simple moving average is $246.91 and its 200-day simple moving average is $229.16.

SAP (NYSE:SAP) last released its quarterly earnings results on Monday, October 21st. The software maker reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.08). SAP had a return on equity of 11.44% and a net margin of 8.15%. The company had revenue of $8.47 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same period in the previous year, the business posted $1.20 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Equities analysts expect that SAP SE will post 4.66 earnings per share for the current fiscal year.

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.