Atria Investments Inc Grows Stake in SAP SE (NYSE:SAP)

Atria Investments Inc boosted its position in SAP SE (NYSE:SAP - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,271 shares of the software maker's stock after buying an additional 2,864 shares during the quarter. Atria Investments Inc's holdings in SAP were worth $8,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. boosted its stake in SAP by 9.4% in the fourth quarter. Assetmark Inc. now owns 61,659 shares of the software maker's stock worth $15,181,000 after buying an additional 5,310 shares in the last quarter. Mayport LLC bought a new stake in SAP in the fourth quarter valued at approximately $208,000. Keybank National Association OH lifted its position in SAP by 0.9% in the fourth quarter. Keybank National Association OH now owns 13,573 shares of the software maker's stock valued at $3,342,000 after purchasing an additional 117 shares during the last quarter. Exencial Wealth Advisors LLC lifted its position in SAP by 0.8% in the fourth quarter. Exencial Wealth Advisors LLC now owns 12,023 shares of the software maker's stock valued at $2,960,000 after purchasing an additional 101 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in SAP by 16.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 76,495 shares of the software maker's stock valued at $18,834,000 after purchasing an additional 10,763 shares during the last quarter.

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SAP Trading Down 1.0 %

Shares of SAP stock traded down $2.91 during midday trading on Friday, reaching $276.43. 2,688,091 shares of the company's stock traded hands, compared to its average volume of 870,294. 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 $339.60 billion, a PE ratio of 96.32, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. The stock has a 50 day moving average of $272.04 and a 200-day moving average of $246.32. SAP SE has a 12 month low of $175.08 and a 12 month high of $293.70.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. As a group, equities analysts expect that SAP SE will post 6.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SAP has been the subject of several recent research reports. TD Cowen upgraded SAP from a "hold" rating to a "buy" rating and boosted their price objective 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 research report on Thursday, January 30th. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. BMO Capital Markets boosted their price objective on SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. Finally, Barclays upped their target price on SAP from $283.00 to $286.00 and gave the company an "overweight" rating in a report on Thursday, January 30th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, SAP presently has an average rating of "Buy" and a consensus price target of $248.83.

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.