FSM Wealth Advisors LLC Acquires 71 Shares of SAP SE (NYSE:SAP)

FSM Wealth Advisors LLC lifted its position in SAP SE (NYSE:SAP) by 4.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,672 shares of the software maker’s stock after purchasing an additional 71 shares during the quarter. FSM Wealth Advisors LLC’s holdings in SAP were worth $437,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Godsey & Gibb Inc. bought a new position in shares of SAP in the third quarter worth approximately $25,000. Union Bancaire Privee UBP SA purchased a new position in SAP in the fourth quarter valued at about $27,000. Albion Financial Group UT lifted its stake in shares of SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after buying an additional 71 shares during the period. Brooklyn Investment Group purchased a new position in SAP during the third quarter valued at approximately $42,000. Finally, Financial Management Professionals Inc. lifted its holdings in SAP by 104.0% during the fourth quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after purchasing an additional 103 shares in the last quarter.

SAP Stock Performance

Shares of NYSE:SAP opened at $276.42 on Monday. 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 firm has a market cap of $339.58 billion, a PE ratio of 96.31, a PEG ratio of 4.53 and a beta of 1.23. The company’s 50 day moving average price is $253.80 and its two-hundred day moving average price is $233.05. SAP SE has a 12-month low of $173.05 and a 12-month high of $280.53.

SAP (NYSE:SAP) last announced its earnings results on Tuesday, January 28th. The software maker reported $1.49 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 research analysts predict that SAP SE will post 6.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

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