SAP SE (NYSE:SAP) Shares Bought by Personal CFO Solutions LLC

Personal CFO Solutions LLC increased its position in shares of SAP SE (NYSE:SAP - Free Report) by 93.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,321 shares of the software maker's stock after purchasing an additional 4,505 shares during the period. Personal CFO Solutions LLC's holdings in SAP were worth $2,295,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Holocene Advisors LP acquired a new stake in SAP during the third quarter worth about $10,869,000. Atomi Financial Group Inc. increased its position 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 purchasing an additional 3,495 shares during the last quarter. Mount Yale Investment Advisors LLC increased its position 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 worth $4,030,000 after purchasing an additional 11,057 shares during the last quarter. JPMorgan Chase & Co. increased its position in SAP by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker's stock worth $125,654,000 after purchasing an additional 7,667 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its position in shares of SAP by 1,496.4% during the third quarter. Benjamin Edwards Inc. now owns 8,940 shares of the software maker's stock valued at $2,048,000 after acquiring an additional 8,380 shares during the last quarter.

SAP Stock Down 1.0 %

SAP stock traded down $2.91 during trading on Friday, reaching $276.43. The stock had a trading volume of 2,688,091 shares, compared to its average volume of 870,294. SAP SE has a 52-week low of $175.08 and a 52-week high of $293.70. The business has a 50 day moving average price of $272.04 and a 200 day moving average price of $246.51. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The stock has a market cap of $339.60 billion, a PE ratio of 96.32, a P/E/G ratio of 4.71 and a beta of 1.25.

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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 (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 predict that SAP SE will post 6.55 EPS for the current year.

Analysts Set New Price Targets

SAP has been the subject of a number of recent analyst reports. Kepler Capital Markets upgraded shares of SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. BMO Capital Markets lifted their price target 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. Barclays lifted 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 raised their price objective on shares of SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 29th. Finally, TD Cowen raised shares of SAP from a "hold" rating to a "buy" rating and raised their price objective for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $248.83.

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.