Unio Capital LLC Acquires 87,272 Shares of SAP SE $SAP

Unio Capital LLC raised its holdings in shares of SAP SE (NYSE:SAP) by 118.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,817 shares of the software maker’s stock after purchasing an additional 87,272 shares during the period. SAP accounts for approximately 7.3% of Unio Capital LLC’s investment portfolio, making the stock its 6th biggest holding. Unio Capital LLC’s holdings in SAP were worth $39,064,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sound Income Strategies LLC increased its position in shares of SAP by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock worth $26,000 after purchasing an additional 58 shares in the last quarter. Community Bank N.A. acquired a new position in shares of SAP during the third quarter worth $32,000. Kozak & Associates Inc. acquired a new position in shares of SAP during the third quarter worth $37,000. GoalVest Advisory LLC acquired a new position in shares of SAP during the fourth quarter worth $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of SAP by 758.8% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock worth $35,000 after purchasing an additional 129 shares in the last quarter.

SAP Price Performance

NYSE:SAP opened at $165.53 on Wednesday. SAP SE has a one year low of $158.58 and a one year high of $313.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $203.35 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 1.84 and a beta of 1.12. The firm’s fifty day moving average is $173.69 and its two-hundred day moving average is $201.26.

SAP (NYSE:SAP) last posted its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 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 for the quarter. Research analysts expect that SAP SE will post 8.37 EPS for the current year.

SAP Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a $2.9291 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. This represents a yield of 170.0%. SAP’s dividend payout ratio is currently 28.92%.

Analyst Ratings Changes

SAP has been the topic of a number of recent analyst reports. Santander raised SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. HSBC raised SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $265.00 target price on shares of SAP in a research report on Wednesday, June 10th. BMO Capital Markets cut their target price on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Finally, TD Cowen reissued a “buy” rating on shares of SAP in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, SAP has an average rating of “Moderate Buy” and a consensus target price of $283.40.

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.