Shilanski & Associates Inc. Sells 97 Shares of SAP SE (NYSE:SAP)

Shilanski & Associates Inc. lowered its stake in shares of SAP SE (NYSE:SAP) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,157 shares of the software maker’s stock after selling 97 shares during the period. Shilanski & Associates Inc.’s holdings in SAP were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SAP. Brighton Jones LLC boosted its stake in SAP by 91.1% during the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after acquiring an additional 1,255 shares during the last quarter. Veracity Capital LLC boosted its position in shares of SAP by 4.9% during the fourth quarter. Veracity Capital LLC now owns 1,132 shares of the software maker’s stock worth $279,000 after purchasing an additional 53 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of SAP by 37.3% in the 4th quarter. Avior Wealth Management LLC now owns 1,606 shares of the software maker’s stock valued at $395,000 after buying an additional 436 shares during the period. Albion Financial Group UT increased its position in shares of SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after buying an additional 71 shares in the last quarter. Finally, Dakota Wealth Management acquired a new stake in SAP during the 4th quarter worth $795,000.

SAP Trading Up 0.8 %

SAP stock opened at $275.30 on Friday. The company has a market cap of $338.20 billion, a price-to-earnings ratio of 110.12, a P/E/G ratio of 3.89 and a beta of 1.22. The firm has a 50-day moving average of $247.76 and a 200-day moving average of $229.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. SAP SE has a one year low of $172.32 and a one year high of $275.38.

SAP (NYSE:SAP) last issued its quarterly earnings results on Monday, October 21st. The software maker reported $1.23 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.08). The company had revenue of $8.47 billion for the quarter, compared to analyst estimates of $9.25 billion. SAP had a net margin of 8.15% and a return on equity of 11.44%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the company posted $1.20 earnings per share. On average, equities analysts expect that SAP SE will post 4.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on SAP shares. TD Cowen raised SAP from a “hold” rating to a “buy” rating and boosted their target price for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Barclays upped their price target on shares of SAP from $275.00 to $283.00 and gave the company an “overweight” rating in a report on Thursday. JMP Securities raised their price objective on shares of SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 22nd. Finally, BMO Capital Markets increased their target price on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $264.50.

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.