SAP SE (NYSE:SAP) Position Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in SAP SE (NYSE:SAP - Free Report) by 16.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,495 shares of the software maker's stock after purchasing an additional 10,763 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in SAP were worth $18,834,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Holocene Advisors LP purchased a new position in shares of SAP in the 3rd quarter worth about $10,869,000. Atomi Financial Group Inc. grew its stake in shares of SAP by 38.9% in the fourth quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker's stock valued at $3,074,000 after buying an additional 3,495 shares in the last quarter. Mount Yale Investment Advisors LLC grew its stake in shares of SAP by 208.2% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker's stock valued at $4,030,000 after buying an additional 11,057 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of SAP by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker's stock valued at $125,654,000 after buying an additional 7,667 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in shares of SAP by 98.9% in the fourth quarter. D.A. Davidson & CO. now owns 2,572 shares of the software maker's stock valued at $633,000 after buying an additional 1,279 shares in the last quarter.

Analyst Upgrades and Downgrades

SAP has been the subject of a number of recent research reports. JMP Securities increased their target price on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 29th. BMO Capital Markets increased their target price on SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research note on Wednesday, January 29th. Royal Bank of Canada reiterated an "outperform" rating and issued a $38.00 target price on shares of SAP in a research note on Thursday, January 30th. Barclays increased their target price on SAP from $283.00 to $286.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Finally, TD Cowen upgraded 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 equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $248.83.

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SAP Stock Up 0.4 %

NYSE SAP traded up $1.00 during mid-day trading on Friday, reaching $272.69. 1,275,050 shares of the company's stock traded hands, compared to its average volume of 905,182. SAP SE has a 1-year low of $175.08 and a 1-year high of $293.70. The company has a fifty day simple moving average of $275.63 and a 200-day simple moving average of $249.68. 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 company has a market cap of $335.00 billion, a price-to-earnings ratio of 95.01, a P/E/G ratio of 4.71 and a beta of 1.25.

SAP (NYSE:SAP - Get Free Report) last issued its earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate 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 research analysts expect 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.