One Capital Management LLC Decreases Stock Holdings in SAP SE (NYSE:SAP)

One Capital Management LLC cut its holdings in shares of SAP SE (NYSE:SAP - Free Report) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,063 shares of the software maker's stock after selling 2,847 shares during the period. One Capital Management LLC's holdings in SAP were worth $9,864,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SAP. Oppenheimer & Co. Inc. increased its position in shares of SAP by 4.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker's stock valued at $235,000 after acquiring an additional 38 shares during the period. Foster Group Inc. increased its position in shares of SAP by 4.3% in 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 increased its position in shares of SAP by 2.4% in the 4th quarter. Wedmont Private Capital now owns 1,927 shares of the software maker's stock valued at $485,000 after acquiring an additional 46 shares during the period. Addison Advisors LLC increased its position in shares of SAP by 3.0% in the 4th quarter. Addison Advisors LLC now owns 1,586 shares of the software maker's stock valued at $390,000 after acquiring an additional 46 shares during the period. Finally, Confluence Investment Management LLC increased its position in shares of SAP by 1.1% in the 4th quarter. Confluence Investment Management LLC now owns 4,325 shares of the software maker's stock valued at $1,065,000 after acquiring an additional 49 shares during the period.

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Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. JMP Securities increased their price target on SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a research report on Wednesday, January 29th. Barclays increased their price target on 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 increased their price target for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Kepler Capital Markets raised SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $248.83.

SAP Price Performance

SAP stock traded down $2.91 during midday trading on Friday, reaching $276.43. The company had a trading volume of 2,688,091 shares, compared to its average volume of 870,294. The company has a market capitalization of $339.60 billion, a P/E ratio of 96.32, a P/E/G ratio of 4.71 and a beta of 1.25. SAP SE has a 12-month low of $175.08 and a 12-month high of $293.70. The firm's fifty day simple moving average is $272.04 and its 200-day simple moving average is $246.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly 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 net margin of 9.17% and a return on equity of 12.18%. As a group, equities analysts anticipate that SAP SE will post 6.55 EPS for the current year.

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.