Capital International Inc. CA Boosts Holdings in SAP SE (NYSE:SAP)

Capital International Inc. CA increased its position in SAP SE (NYSE:SAP - Free Report) by 33.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 99,159 shares of the software maker's stock after purchasing an additional 25,036 shares during the period. Capital International Inc. CA's holdings in SAP were worth $24,414,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its stake in SAP by 4.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock valued at $235,000 after buying an additional 38 shares during the last quarter. Lindbrook Capital LLC raised its position in SAP by 2.0% in the 4th quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker's stock valued at $538,000 after purchasing an additional 43 shares during the last quarter. Foster Group Inc. boosted its stake in SAP by 4.3% during the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker's stock worth $268,000 after purchasing an additional 45 shares during the period. Wedmont Private Capital grew its position in SAP by 2.4% during the 4th quarter. Wedmont Private Capital now owns 1,927 shares of the software maker's stock worth $485,000 after purchasing an additional 46 shares during the last quarter. Finally, Addison Advisors LLC increased its stake in SAP by 3.0% in the fourth quarter. Addison Advisors LLC now owns 1,586 shares of the software maker's stock valued at $390,000 after purchasing an additional 46 shares during the period.

SAP Price Performance

NYSE:SAP traded up $2.12 during trading hours on Thursday, hitting $273.60. The company's stock had a trading volume of 1,004,515 shares, compared to its average volume of 993,137. The company has a market capitalization of $336.12 billion, a PE ratio of 95.33, a PEG ratio of 4.71 and a beta of 1.28. SAP SE has a 52-week low of $179.15 and a 52-week high of $293.70. The business's 50-day moving average is $268.45 and its two-hundred day moving average is $255.86. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12.

SAP (NYSE:SAP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, beating the consensus estimate of $1.39 by $0.12. SAP had a net margin of 9.17% and a return on equity of 12.18%. The firm had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $9.08 billion. As a group, research analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

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

Analyst Ratings Changes

Several brokerages have recently weighed in on SAP. Barclays reiterated an "overweight" rating on shares of SAP in a research note on Thursday. JMP Securities boosted their target price on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Kepler Capital Markets raised SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. TD Cowen raised shares of 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 note on Friday, January 17th. Finally, BMO Capital Markets upped their price objective on shares of SAP from $300.00 to $320.00 and gave the stock an "outperform" rating in a research report on Wednesday. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $251.00.

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.