Madison Investment Advisors LLC Acquires New Holdings in SAP SE (NYSE:SAP)

Madison Investment Advisors LLC acquired a new stake in SAP SE (NYSE:SAP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,194 shares of the software maker's stock, valued at approximately $2,510,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Holocene Advisors LP bought a new stake in shares of SAP in the 3rd quarter valued at about $10,869,000. Atomi Financial Group Inc. lifted its holdings in SAP by 38.9% during the fourth quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker's stock worth $3,074,000 after buying an additional 3,495 shares during the period. Mount Yale Investment Advisors LLC boosted its position in SAP by 208.2% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker's stock valued at $4,030,000 after acquiring an additional 11,057 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SAP by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker's stock worth $125,654,000 after acquiring an additional 7,667 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of SAP by 152.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker's stock worth $101,969,000 after purchasing an additional 249,824 shares during the last quarter.

SAP Trading Down 4.4 %

Shares of SAP stock traded down $12.42 on Wednesday, hitting $267.82. 1,270,140 shares of the stock traded hands, compared to its average volume of 906,530. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70. The stock has a market capitalization of $329.01 billion, a PE ratio of 93.32, a PEG ratio of 4.71 and a beta of 1.25. The firm's 50-day moving average price is $276.70 and its two-hundred day moving average price is $250.85. 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 posted its quarterly 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, analysts anticipate that SAP SE will post 6.55 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays lifted 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. Kepler Capital Markets upgraded SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 target price on shares of SAP in a research report on Thursday, January 30th. TD Cowen raised SAP from a "hold" rating to a "buy" rating and raised their price target for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Finally, JMP Securities upped their price objective on shares of SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Nine investment 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 a consensus price target of $248.83.

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.