Certior Financial Group LLC Purchases Shares of 2,431 SAP SE (NYSE:SAP)

Certior Financial Group LLC acquired a new position in shares of SAP SE (NYSE:SAP - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,431 shares of the software maker's stock, valued at approximately $599,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of SAP by 24.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 65,732 shares of the software maker's stock worth $15,059,000 after purchasing an additional 12,948 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in SAP by 30.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,400 shares of the software maker's stock valued at $3,299,000 after buying an additional 3,400 shares during the period. Verition Fund Management LLC increased its position in shares of SAP by 54.6% in the third quarter. Verition Fund Management LLC now owns 2,363 shares of the software maker's stock worth $541,000 after purchasing an additional 835 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of SAP by 17.2% in the 3rd quarter. HighTower Advisors LLC now owns 60,498 shares of the software maker's stock worth $13,817,000 after buying an additional 8,857 shares during the last quarter. Finally, IHT Wealth Management LLC increased its stake in SAP by 65.8% in the third quarter. IHT Wealth Management LLC now owns 1,786 shares of the software maker's stock valued at $407,000 after acquiring an additional 709 shares during the last quarter.

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Analyst Ratings Changes

SAP has been the subject of a number of recent research reports. Royal Bank of Canada restated an "outperform" rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. Barclays lifted their target price on shares of SAP from $283.00 to $286.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. JMP Securities raised their target price on shares of SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 29th. Finally, TD Cowen upgraded shares of SAP from a "hold" rating to a "buy" rating and raised their price objective for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $248.83.

SAP Stock Performance

SAP stock traded up $0.56 during trading on Friday, reaching $259.05. The stock had a trading volume of 1,627,681 shares, compared to its average volume of 972,150. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The firm has a market cap of $318.25 billion, a PE ratio of 90.26, a PEG ratio of 4.71 and a beta of 1.28. The stock's 50 day moving average is $272.86 and its two-hundred day moving average is $254.21. SAP SE has a 52 week low of $175.08 and a 52 week high of $293.70.

SAP (NYSE:SAP - Get Free Report) last released its earnings results 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 9.17% and a return on equity of 12.18%. As a group, equities analysts anticipate that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a $2.5423 dividend. This represents a yield of 0.8%. The ex-dividend date is Tuesday, May 13th. This is a positive change from SAP's previous annual dividend of $2.39. SAP's dividend payout ratio is presently 64.11%.

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.