878 Shares in SAP SE (NYSE:SAP) Acquired by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. acquired a new stake in SAP SE (NYSE:SAP) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 878 shares of the software maker’s stock, valued at approximately $216,000.

Other large investors have also recently added to or reduced their stakes in the company. Holocene Advisors LP acquired a new position in shares of SAP during the 3rd quarter worth approximately $10,869,000. Atomi Financial Group Inc. increased its stake in SAP by 38.9% during the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker’s stock worth $3,074,000 after acquiring an additional 3,495 shares during the period. Mount Yale Investment Advisors LLC raised its holdings in SAP by 208.2% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker’s stock valued at $4,030,000 after acquiring an additional 11,057 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SAP by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock valued at $125,654,000 after acquiring an additional 7,667 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in shares of SAP by 1,496.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 8,940 shares of the software maker’s stock worth $2,048,000 after purchasing an additional 8,380 shares in the last quarter.

Wall Street Analyst Weigh In

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

SAP Trading Down 5.6 %

SAP opened at $261.20 on Tuesday. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70. The company has a fifty day moving average of $272.29 and a 200-day moving average of $246.82. The stock has a market cap of $320.89 billion, a PE ratio of 91.01, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. 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 (NYSE:SAP) last issued its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. On average, sell-side analysts predict that SAP SE will post 6.55 EPS for the current year.

SAP Company 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.