SAP SE (NYSE:SAP) Position Increased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its stake in shares of SAP SE (NYSE:SAP - Free Report) by 9.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,658 shares of the software maker's stock after purchasing an additional 1,458 shares during the period. Commonwealth Equity Services LLC's holdings in SAP were worth $4,101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SAP. Centricity Wealth Management LLC acquired a new stake in shares of SAP during the 4th quarter worth about $25,000. Union Bancaire Privee UBP SA acquired a new stake in SAP during the fourth quarter worth approximately $27,000. Rakuten Securities Inc. grew its stake in SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock worth $28,000 after acquiring an additional 108 shares during the period. Albion Financial Group UT grew its stake in SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock worth $32,000 after acquiring an additional 71 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in SAP in the 4th quarter valued at $42,000.

SAP Trading Up 0.1 %

Shares of NYSE:SAP traded up $0.16 during trading on Thursday, reaching $268.16. 598,454 shares of the stock were exchanged, compared to its average volume of 907,379. The firm's 50-day moving average price is $276.82 and its 200 day moving average price is $250.97. The firm has a market cap of $329.43 billion, a price-to-earnings ratio of 93.43, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. SAP SE has a 12-month low of $175.08 and a 12-month high of $293.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12.

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SAP (NYSE:SAP - Get Free Report) last announced 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 net margin of 9.17% and a return on equity of 12.18%. On average, sell-side analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on SAP. BMO Capital Markets raised their price objective on SAP from $265.00 to $307.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Barclays raised their price target on SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a research note on Thursday, January 30th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. JMP Securities raised their target price on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research report on Wednesday, January 29th. Finally, Kepler Capital Markets raised shares of SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $248.83.

SAP 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.