Natural Investments LLC acquired a new position in shares of SAP SE (NYSE:SAP – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 9,110 shares of the software maker’s stock, valued at approximately $2,242,000.
Several other large investors also recently bought and sold shares of SAP. Centricity Wealth Management LLC purchased a new stake in SAP during the 4th quarter worth approximately $25,000. Union Bancaire Privee UBP SA purchased a new stake in shares of SAP in the fourth quarter valued at approximately $27,000. Albion Financial Group UT grew its position in shares of SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of SAP in the third quarter valued at approximately $42,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of SAP in the fourth quarter valued at approximately $42,000.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and upped their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. Barclays upped their price objective on SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, JMP Securities upped their price objective on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $248.83.
SAP Stock Down 5.6 %
NYSE:SAP opened at $261.20 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The stock’s fifty day moving average is $272.29 and its two-hundred day moving average is $246.82. SAP SE has a 52 week low of $175.08 and a 52 week high of $293.70. The stock has a market capitalization of $320.89 billion, a price-to-earnings ratio of 91.01, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25.
SAP (NYSE:SAP – Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (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%. Research analysts anticipate that SAP SE will post 6.55 EPS for the current year.
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.
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