766 Shares in SAP SE (NYSE:SAP) Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC bought a new position in SAP SE (NYSE:SAP) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 766 shares of the software maker’s stock, valued at approximately $189,000.

Other institutional investors also recently bought and sold shares of the company. Centricity Wealth Management LLC bought a new position in SAP in the 4th quarter worth $25,000. Union Bancaire Privee UBP SA bought a new position in SAP in the 4th quarter worth $27,000. Albion Financial Group UT raised its holdings in SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after purchasing an additional 71 shares during the period. Brooklyn Investment Group bought a new position in SAP in the 3rd quarter worth $42,000. Finally, Prospera Private Wealth LLC bought a new position in SAP in the 3rd quarter worth $47,000.

SAP Trading Down 4.0 %

Shares of SAP stock opened at $274.41 on Friday. The firm has a market cap of $337.12 billion, a price-to-earnings ratio of 95.61, a PEG ratio of 4.71 and a beta of 1.23. The business has a 50-day moving average price of $268.63 and a 200-day moving average price of $243.35. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70.

SAP (NYSE:SAP) last issued its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. Equities research analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on SAP shares. JMP Securities raised their target price on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 29th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and increased their price target for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Barclays increased their price target on SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Ten analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $248.83.

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.