959 Shares in SAP SE (NYSE:SAP) Purchased by Decatur Capital Management Inc.

Decatur Capital Management Inc. acquired a new stake in SAP SE (NYSE:SAP) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 959 shares of the software maker’s stock, valued at approximately $220,000.

Other large investors also recently bought and sold shares of the company. Modera Wealth Management LLC grew its stake in shares of SAP by 1.4% in the second quarter. Modera Wealth Management LLC now owns 3,736 shares of the software maker’s stock valued at $754,000 after buying an additional 50 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in SAP by 3.5% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,488 shares of the software maker’s stock valued at $300,000 after acquiring an additional 51 shares in the last quarter. PDS Planning Inc increased its stake in SAP by 1.3% during the third quarter. PDS Planning Inc now owns 3,994 shares of the software maker’s stock worth $915,000 after purchasing an additional 51 shares during the period. RFP Financial Group LLC lifted its position in shares of SAP by 17.5% during the second quarter. RFP Financial Group LLC now owns 349 shares of the software maker’s stock worth $70,000 after purchasing an additional 52 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in shares of SAP by 5.0% in the third quarter. Rosenberg Matthew Hamilton now owns 1,100 shares of the software maker’s stock valued at $252,000 after purchasing an additional 52 shares during the period.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SAP shares. JMP Securities upped their target price on shares of SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 22nd. BMO Capital Markets upped their price objective on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. TD Cowen lifted their target price on SAP from $234.00 to $240.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Finally, Barclays boosted their target price on SAP from $252.00 to $275.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, SAP currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.33.

SAP Price Performance

SAP stock opened at $253.81 on Friday. The stock has a market cap of $311.81 billion, a P/E ratio of 101.52, a price-to-earnings-growth ratio of 4.87 and a beta of 1.23. The company has a fifty day simple moving average of $235.85 and a 200-day simple moving average of $217.17. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17. SAP SE has a 12-month low of $148.38 and a 12-month high of $256.13.

SAP (NYSE:SAP) last announced its quarterly earnings results on Monday, October 21st. The software maker reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). SAP had a return on equity of 11.44% and a net margin of 8.15%. The business had revenue of $8.47 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same period last year, the firm earned $1.20 earnings per share. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. Equities analysts expect that SAP SE will post 4.83 EPS for the current fiscal year.

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.