SAP SE $SAP Stock Position Raised by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in SAP SE (NYSE:SAP) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 415,087 shares of the software maker’s stock after buying an additional 9,195 shares during the quarter. Natixis Advisors LLC’s holdings in SAP were worth $110,915,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in SAP by 91.1% during the fourth quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock valued at $648,000 after acquiring an additional 1,255 shares in the last quarter. Baird Financial Group Inc. bought a new stake in SAP in the first quarter worth approximately $242,000. AQR Capital Management LLC grew its position in SAP by 49.0% in the first quarter. AQR Capital Management LLC now owns 16,309 shares of the software maker’s stock worth $4,378,000 after acquiring an additional 5,363 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of SAP during the 1st quarter worth $2,681,000. Finally, Sivia Capital Partners LLC increased its stake in shares of SAP by 2.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,050 shares of the software maker’s stock worth $928,000 after purchasing an additional 69 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SAP shares. Arete Research raised shares of SAP to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings raised shares of SAP from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 27th. Barclays set a $283.00 target price on SAP in a report on Monday, February 2nd. Santander raised SAP to a “neutral” rating in a research report on Tuesday, February 3rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of SAP in a research note on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $305.75.

SAP Price Performance

Shares of NYSE:SAP opened at $202.09 on Monday. The firm has a market capitalization of $248.27 billion, a PE ratio of 28.67, a PEG ratio of 2.25 and a beta of 1.18. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. SAP SE has a 1-year low of $187.93 and a 1-year high of $313.28. The business’s 50 day moving average is $218.45 and its 200-day moving average is $244.46.

SAP (NYSE:SAP) last issued its earnings results on Thursday, January 29th. The software maker reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.13. The business had revenue of $11.36 billion during the quarter, compared to analyst estimates of $9.77 billion. SAP had a return on equity of 16.54% and a net margin of 19.92%.SAP’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 earnings per share. Sell-side analysts predict that SAP SE will post 6.55 earnings per share for the current year.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.