Vanguard Personalized Indexing Management LLC Sells 5,295 Shares of SAP SE $SAP

Vanguard Personalized Indexing Management LLC decreased its holdings in shares of SAP SE (NYSE:SAP) by 9.3% during the fourth quarter, HoldingsChannel reports. The fund owned 51,677 shares of the software maker’s stock after selling 5,295 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in SAP were worth $12,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SAP. Windacre Partnership LLC raised its holdings in SAP by 130.9% during the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares during the period. Bank of America Corp DE raised its holdings in SAP by 58.1% during the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after acquiring an additional 973,779 shares during the period. Sustainable Growth Advisers LP raised its holdings in SAP by 1,126.3% during the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock valued at $225,102,000 after acquiring an additional 773,720 shares during the period. M&T Bank Corp raised its holdings in SAP by 1,582.7% during the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock valued at $198,529,000 after acquiring an additional 768,725 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in SAP by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock valued at $3,887,727,000 after acquiring an additional 392,010 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. TD Cowen reissued a “buy” rating on shares of SAP in a report on Thursday, May 14th. Barclays boosted their target price on shares of SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Zacks Research cut shares of SAP from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Finally, Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, SAP currently has a consensus rating of “Moderate Buy” and an average target price of $283.40.

SAP Stock Up 0.2%

Shares of NYSE:SAP opened at $164.55 on Tuesday. SAP SE has a 52-week low of $158.58 and a 52-week high of $313.28. The firm has a fifty day moving average of $173.82 and a 200 day moving average of $201.79. The firm has a market capitalization of $202.14 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 1.84 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07.

SAP (NYSE:SAP) last announced its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The company had revenue of $11.06 billion during the quarter. As a group, research analysts anticipate that SAP SE will post 8.37 EPS for the current fiscal year.

SAP Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were given a $2.9291 dividend. This represents a yield of 170.0%. This is a boost from SAP’s previous annual dividend of $2.54. The ex-dividend date was Tuesday, May 5th. SAP’s dividend payout ratio (DPR) is presently 28.92%.

SAP 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.