Hantz Financial Services Inc. Grows Position in SAP SE $SAP

Hantz Financial Services Inc. raised its stake in shares of SAP SE (NYSE:SAP) by 3.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,614 shares of the software maker’s stock after buying an additional 1,395 shares during the quarter. Hantz Financial Services Inc.’s holdings in SAP were worth $11,743,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vermillion Wealth Management Inc. purchased a new position in SAP in the 2nd quarter worth about $31,000. Motco grew its stake in shares of SAP by 400.0% during the 2nd quarter. Motco now owns 125 shares of the software maker’s stock valued at $36,000 after acquiring an additional 100 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of SAP in the second quarter worth $38,000. Solstein Capital LLC purchased a new stake in SAP in the 2nd quarter worth $40,000. Finally, Dagco Inc. purchased a new position in SAP in the 1st quarter worth approximately $45,000.

SAP Stock Performance

Shares of SAP opened at $259.64 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.03 and a current ratio of 1.11. The stock has a 50-day moving average of $269.00 and a two-hundred day moving average of $283.83. The stock has a market cap of $318.97 billion, a P/E ratio of 38.87, a P/E/G ratio of 3.98 and a beta of 1.28. SAP SE has a one year low of $227.52 and a one year high of $313.28.

SAP (NYSE:SAP) last announced its quarterly earnings data on Wednesday, October 22nd. The software maker reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.17. The firm had revenue of $10.54 billion during the quarter, compared to analysts’ expectations of $9.10 billion. SAP had a return on equity of 15.69% and a net margin of 19.50%.The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.23 earnings per share. As a group, research analysts predict that SAP SE will post 6.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Oddo Bhf raised SAP from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 24th. BMO Capital Markets dropped their price target on shares of SAP from $330.00 to $320.00 and set an “outperform” rating for the company in a research note on Thursday, October 23rd. Cowen reiterated a “buy” rating on shares of SAP in a research note on Thursday, October 23rd. JMP Securities reiterated a “market outperform” rating and issued a $375.00 price target on shares of SAP in a report on Thursday, October 23rd. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SAP in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, SAP has a consensus rating of “Buy” and an average target price of $284.33.

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.