Fox Run Management L.L.C. Makes New Investment in SAP SE (NYSE:SAP)

Fox Run Management L.L.C. purchased a new stake in SAP SE (NYSE:SAP - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 1,261 shares of the software maker's stock, valued at approximately $310,000.

A number of other large investors also recently made changes to their positions in SAP. Centricity Wealth Management LLC acquired a new position in SAP in the fourth quarter valued at $25,000. Union Bancaire Privee UBP SA acquired a new position in shares of SAP during the 4th quarter valued at about $27,000. Rakuten Securities Inc. increased its stake in shares of SAP by 2,700.0% during the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker's stock valued at $28,000 after acquiring an additional 108 shares during the last quarter. Albion Financial Group UT lifted its holdings in shares of SAP by 122.4% during 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 stake in shares of SAP in the fourth quarter worth approximately $42,000.

SAP Stock Up 0.7 %

SAP stock traded up $1.89 during midday trading on Tuesday, hitting $270.33. 957,644 shares of the company were exchanged, compared to its average volume of 924,865. The company has a market cap of $332.10 billion, a PE ratio of 94.19, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. SAP SE has a fifty-two week low of $175.08 and a fifty-two week high of $293.70. The company's fifty day moving average price is $277.20 and its 200-day moving average price is $252.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10.

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SAP (NYSE:SAP - Get Free Report) last posted its earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing analysts' consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, research analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SAP shares. JMP Securities increased their price target on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 29th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $38.00 target price on shares of SAP in a research report on Thursday, January 30th. BMO Capital Markets boosted their price target on SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. Barclays lifted their price objective 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 boosted their target price for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average target price 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.