SAP SE (NYSE:SAP) Shares Bought by Neuberger Berman Group LLC

Neuberger Berman Group LLC grew its holdings in SAP SE (NYSE:SAP - Free Report) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 343,585 shares of the software maker's stock after acquiring an additional 1,215 shares during the quarter. Neuberger Berman Group LLC's holdings in SAP were worth $84,594,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SAP. Oppenheimer & Co. Inc. lifted its position in SAP by 4.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock worth $235,000 after acquiring an additional 38 shares during the period. Lindbrook Capital LLC raised its position in SAP by 2.0% during the 4th quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker's stock worth $538,000 after buying an additional 43 shares during the last quarter. Foster Group Inc. lifted its stake in SAP by 4.3% during the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker's stock valued at $268,000 after acquiring an additional 45 shares during the period. Wedmont Private Capital raised its holdings in shares of SAP by 2.4% during the fourth quarter. Wedmont Private Capital now owns 1,927 shares of the software maker's stock worth $485,000 after purchasing an additional 46 shares during the last quarter. Finally, Addison Advisors LLC grew its position in SAP by 3.0% during the 4th quarter. Addison Advisors LLC now owns 1,586 shares of the software maker's stock worth $390,000 after purchasing an additional 46 shares during the period.

Analyst Ratings Changes

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

SAP Price Performance

Shares of NYSE:SAP traded up $2.96 during midday trading on Tuesday, hitting $262.49. The company's stock had a trading volume of 567,387 shares, compared to its average volume of 972,733. The company has a market cap of $322.47 billion, a P/E ratio of 91.46, 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 12-month low of $175.08 and a 12-month high of $293.70. The business's 50 day simple moving average is $272.39 and its 200 day simple moving average is $254.61.

SAP (NYSE:SAP - Get Free Report) last announced its quarterly earnings data 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, analysts forecast that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be paid a $2.5423 dividend. This is a boost from SAP's previous annual dividend of $2.39. The ex-dividend date is Tuesday, May 13th. This represents a dividend yield of 0.8%. SAP's dividend payout ratio is 64.11%.

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.