Baldwin Wealth Partners LLC MA purchased a new stake in SAP SE (NYSE:SAP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,070 shares of the software maker's stock, valued at approximately $263,000.
Other hedge funds have also recently made changes to their positions in the company. Godsey & Gibb Inc. purchased a new stake in shares of SAP during the 3rd quarter worth $25,000. Union Bancaire Privee UBP SA acquired a new position in SAP during the 4th quarter worth approximately $27,000. Albion Financial Group UT increased its holdings in 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 buying an additional 71 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of SAP in the 3rd quarter worth about $42,000. Finally, Prospera Private Wealth LLC acquired a new position in shares of SAP in the third quarter worth $47,000.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on SAP. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. Barclays upped their target price on SAP from $275.00 to $283.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. BMO Capital Markets upped their price target on SAP from $248.00 to $265.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd. JMP Securities lifted their price target on shares of SAP from $245.00 to $300.00 and gave the stock a "market outperform" rating in a research note on Tuesday, October 22nd. Finally, TD Cowen raised SAP from a "hold" rating to a "buy" rating and increased their price target for the company from $240.00 to $305.00 in a report on Friday, January 17th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $276.00.
View Our Latest Stock Analysis on SAP
SAP Price Performance
Shares of SAP stock traded down $2.11 during mid-day trading on Tuesday, reaching $273.49. 2,067,713 shares of the stock were exchanged, compared to its average volume of 1,074,135. The company has a market cap of $335.99 billion, a price-to-earnings ratio of 109.40, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22. SAP SE has a fifty-two week low of $173.05 and a fifty-two week high of $277.36. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17. The firm has a 50-day simple moving average of $250.48 and a 200 day simple moving average of $231.22.
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 for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 8.15% and a return on equity of 11.44%. On average, sell-side analysts predict that SAP SE will post 4.64 EPS for the current fiscal year.
About SAP
(
Free Report)
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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