Brentview Investment Management LLC Invests $238,000 in SAP SE (NYSE:SAP)

Brentview Investment Management LLC bought a new position in SAP SE (NYSE:SAP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 965 shares of the software maker’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SAP. Dimensional Fund Advisors LP lifted its holdings in shares of SAP by 2.6% during the second quarter. Dimensional Fund Advisors LP now owns 45,770 shares of the software maker’s stock valued at $9,232,000 after purchasing an additional 1,158 shares in the last quarter. AQR Capital Management LLC increased its position in SAP by 55.6% in the second quarter. AQR Capital Management LLC now owns 4,423 shares of the software maker’s stock worth $892,000 after buying an additional 1,580 shares in the last quarter. SG Americas Securities LLC increased its position in SAP by 109.5% in the third quarter. SG Americas Securities LLC now owns 18,425 shares of the software maker’s stock worth $4,221,000 after buying an additional 9,629 shares in the last quarter. GAMMA Investing LLC grew its position in shares of SAP by 25.4% during the third quarter. GAMMA Investing LLC now owns 3,668 shares of the software maker’s stock worth $840,000 after purchasing an additional 743 shares in the last quarter. Finally, Diversified Trust Co purchased a new stake in shares of SAP during the third quarter worth about $2,631,000.

SAP Price Performance

NYSE:SAP opened at $276.42 on Monday. The firm has a market capitalization of $339.58 billion, a price-to-earnings ratio of 96.31, a PEG ratio of 4.53 and a beta of 1.23. SAP SE has a 1 year low of $173.05 and a 1 year high of $280.53. The business has a 50 day simple moving average of $253.80 and a 200-day simple moving average of $233.05. 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) last posted 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%. Equities analysts forecast that SAP SE will post 6.53 EPS for the current year.

Analyst Upgrades and Downgrades

SAP has been the subject of several research analyst reports. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. JMP Securities raised their price target on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $38.00 price target on shares of SAP in a report on Thursday. Barclays raised their price target on SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a report on Thursday. Finally, BMO Capital Markets raised their price target on SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $248.83.

About SAP

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.