Grantham Mayo Van Otterloo & Co. LLC Acquires 2,422 Shares of SAP SE (NYSE:SAP)

Grantham Mayo Van Otterloo & Co. LLC grew its holdings in SAP SE (NYSE:SAP - Free Report) by 31.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,117 shares of the software maker's stock after purchasing an additional 2,422 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in SAP were worth $2,491,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SAP. WCM Investment Management LLC bought a new position in SAP in the 4th quarter worth approximately $290,023,000. TD Asset Management Inc. raised its stake in SAP by 125.0% during the 4th quarter. TD Asset Management Inc. now owns 1,602,548 shares of the software maker's stock valued at $394,563,000 after purchasing an additional 890,157 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in SAP by 145.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,346,506 shares of the software maker's stock valued at $331,523,000 after purchasing an additional 798,037 shares during the period. Wellington Management Group LLP bought a new position in shares of SAP during the 4th quarter worth about $163,630,000. Finally, Raymond James Financial Inc. acquired a new position in shares of SAP during the fourth quarter valued at about $150,668,000.

Wall Street Analysts Forecast Growth

Several research firms have commented on SAP. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $38.00 price target on shares of SAP in a report on Thursday, January 30th. TD Cowen upgraded shares of SAP from a "hold" rating to a "buy" rating and lifted their price target for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Kepler Capital Markets upgraded shares of SAP from a "hold" rating to a "buy" rating in a research note on Wednesday, January 15th. BMO Capital Markets lifted their target price on shares of SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. Finally, 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 report on Wednesday, January 29th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $248.83.

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SAP Price Performance

SAP stock traded up $0.56 on Friday, reaching $259.05. The company's stock had a trading volume of 1,627,681 shares, compared to its average volume of 972,091. The business's fifty day moving average price is $272.86 and its 200 day moving average price is $254.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The company has a market cap of $318.25 billion, a price-to-earnings ratio of 90.26, a PEG ratio of 4.71 and a beta of 1.28. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70.

SAP (NYSE:SAP - Get Free Report) last posted its quarterly earnings data 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%. Equities analysts expect that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, May 13th. This is a boost from SAP's previous annual dividend of $2.39. This represents a yield of 0.8%. SAP's dividend payout ratio (DPR) is presently 64.11%.

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.