Mar Vista Investment Partners LLC Has $50.97 Million Position in SAP SE (NYSE:SAP)

Mar Vista Investment Partners LLC lowered its position in SAP SE (NYSE:SAP - Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,009 shares of the software maker's stock after selling 12,065 shares during the quarter. SAP makes up approximately 3.5% of Mar Vista Investment Partners LLC's holdings, making the stock its 12th biggest position. Mar Vista Investment Partners LLC's holdings in SAP were worth $50,968,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Atomi Financial Group Inc. boosted its stake in shares of SAP by 38.9% during the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker's stock worth $3,074,000 after acquiring an additional 3,495 shares in the last quarter. Mount Yale Investment Advisors LLC grew its holdings in SAP by 208.2% during 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 purchasing an additional 11,057 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 purchasing an additional 7,667 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of SAP by 152.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker's stock worth $101,969,000 after buying an additional 249,824 shares during the last quarter. Finally, D.A. Davidson & CO. lifted 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 worth $633,000 after buying an additional 1,279 shares during the last quarter.

SAP Stock Performance

Shares of NYSE:SAP opened at $252.12 on Wednesday. The business has a fifty day moving average of $268.83 and a 200-day moving average of $255.75. The firm has a market cap of $309.72 billion, a PE ratio of 87.84, a price-to-earnings-growth ratio of 4.71 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a twelve month low of $179.15 and a twelve month high of $293.70.

SAP (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share 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, equities research analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be given a $2.5423 dividend. This represents a yield of 0.8%. This is a positive change from SAP's previous annual dividend of $2.39. The ex-dividend date of this dividend is Tuesday, May 13th. SAP's dividend payout ratio (DPR) is presently 64.11%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SAP. Barclays boosted their target price on shares of SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a research report on Thursday, January 30th. TD Cowen raised SAP from a "hold" rating to a "buy" rating and raised their target price for the company from $240.00 to $305.00 in a report on Friday, January 17th. JMP Securities upped their price target on SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a report 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. Finally, Kepler Capital Markets upgraded shares of SAP from a "hold" rating to a "buy" rating in a research note on Wednesday, January 15th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, SAP presently has an average rating of "Buy" and a consensus price target of $247.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.