Capital International Inc. CA lifted its stake in SAP SE (NYSE:SAP – Free Report) by 30.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,882 shares of the software maker’s stock after purchasing an additional 14,280 shares during the quarter. Capital International Inc. CA’s holdings in SAP were worth $16,535,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of SAP. Brighton Jones LLC increased its position in shares of SAP by 91.1% in the fourth quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after acquiring an additional 1,255 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of SAP during the first quarter valued at approximately $242,000. AQR Capital Management LLC lifted its position in shares of SAP by 49.0% in the 1st quarter. AQR Capital Management LLC now owns 16,309 shares of the software maker’s stock valued at $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 SAP in the 1st quarter worth approximately $2,681,000. Finally, Sivia Capital Partners LLC grew its position in 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 in the last quarter.
SAP Price Performance
NYSE SAP opened at $195.79 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $240.53 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18. SAP SE has a 12-month low of $187.93 and a 12-month high of $313.28. The company has a 50 day moving average price of $216.56 and a two-hundred day moving average price of $243.45.
Analysts Set New Price Targets
SAP has been the topic of several recent analyst reports. Santander raised shares of SAP to a “neutral” rating in a research note on Tuesday, February 3rd. Piper Sandler assumed coverage on SAP in a research report on Tuesday, February 3rd. They issued an “overweight” rating for the company. Zacks Research lowered SAP from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. BMO Capital Markets reissued an “outperform” rating on shares of SAP in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SAP in a research report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $305.75.
Read Our Latest Stock Report on SAP
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.
Featured Articles
- Five stocks we like better than SAP
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for SAP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAP and related companies with MarketBeat.com's FREE daily email newsletter.
