Natixis Advisors LLC Increases Holdings in SAP SE (NYSE:SAP)

Natixis Advisors LLC lifted its position in shares of SAP SE (NYSE:SAP - Free Report) by 39.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 407,974 shares of the software maker's stock after acquiring an additional 116,119 shares during the quarter. Natixis Advisors LLC's holdings in SAP were worth $100,447,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Holocene Advisors LP purchased a new stake in shares of SAP during the third quarter worth approximately $10,869,000. Atomi Financial Group Inc. grew its holdings in shares of 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 in the last quarter. Mount Yale Investment Advisors LLC raised its position in shares of SAP by 208.2% in 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 buying an additional 11,057 shares during the last quarter. JPMorgan Chase & Co. lifted its stake 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 worth $125,654,000 after buying an additional 7,667 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in SAP by 152.0% during 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 acquiring an additional 249,824 shares during the last quarter.

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Analyst Ratings Changes

SAP has been the subject of a number of recent research reports. Royal Bank of Canada reiterated an "outperform" rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. Kepler Capital Markets raised SAP from a "hold" rating to a "buy" rating in a report on Wednesday, January 15th. Barclays boosted their price objective on SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a research note on Thursday, January 30th. JMP Securities raised their target price on SAP from $300.00 to $330.00 and gave the stock 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 boosted their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $248.83.

SAP Stock Up 0.5 %

Shares of SAP stock traded up $1.28 during trading hours on Tuesday, reaching $270.83. 1,844,770 shares of the company were exchanged, compared to its average volume of 1,190,705. The firm has a market cap of $332.72 billion, a PE ratio of 94.37, a PEG ratio of 4.71 and a beta of 1.25. 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 1 year low of $175.08 and a 1 year high of $293.70. The stock's fifty day moving average is $274.09 and its 200 day moving average is $248.41.

SAP (NYSE:SAP - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) 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, equities research analysts forecast that SAP SE will post 6.55 earnings per share 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.