Venturi Wealth Management LLC Grows Position in SAP SE (NYSE:SAP)

Venturi Wealth Management LLC lifted its stake in SAP SE (NYSE:SAP - Free Report) by 24.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,458 shares of the software maker's stock after acquiring an additional 2,474 shares during the quarter. Venturi Wealth Management LLC's holdings in SAP were worth $3,067,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SAP. Godsey & Gibb Inc. bought a new stake in shares of SAP in the third quarter worth approximately $25,000. Union Bancaire Privee UBP SA bought a new stake in shares of SAP in the fourth quarter worth approximately $27,000. Albion Financial Group UT grew its stake in shares of SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker's stock worth $32,000 after acquiring an additional 71 shares during the period. Brooklyn Investment Group bought a new stake in shares of SAP in the third quarter worth approximately $42,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of SAP in the third quarter worth approximately $47,000.

SAP Price Performance

NYSE:SAP traded down $4.45 during trading hours on Wednesday, hitting $288.23. 1,080,986 shares of the stock traded hands, compared to its average volume of 1,037,024. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. SAP SE has a 1 year low of $174.88 and a 1 year high of $293.70. The company has a market cap of $354.09 billion, a price-to-earnings ratio of 100.43, a price-to-earnings-growth ratio of 4.76 and a beta of 1.23. The stock has a 50 day moving average price of $263.84 and a 200 day moving average price of $239.93.

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 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%. Sell-side analysts forecast that SAP SE will post 6.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SAP shares. Royal Bank of Canada reissued an "outperform" rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. Barclays raised their price objective on shares of SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. TD Cowen raised shares of SAP from a "hold" rating to a "buy" rating and raised their price objective for the stock from $240.00 to $305.00 in a report on Friday, January 17th. BMO Capital Markets raised their price objective on shares of SAP from $265.00 to $307.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Finally, JMP Securities raised their price objective on shares of SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a report on Wednesday, January 29th. Ten analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $248.83.

SAP Company 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.