110 Shares in SAP SE (NYSE:SAP) Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new position in SAP SE (NYSE:SAP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 110 shares of the software maker’s stock, valued at approximately $27,000.

Several other hedge funds have also modified their holdings of SAP. Godsey & Gibb Inc. acquired a new position in shares of SAP during the third quarter valued at $25,000. Albion Financial Group UT boosted 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 worth $32,000 after purchasing an additional 71 shares during the last quarter. Brooklyn Investment Group bought a new position in SAP during the 3rd quarter worth approximately $42,000. Financial Management Professionals Inc. grew its holdings in shares of SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after buying an additional 103 shares during the period. Finally, Prospera Private Wealth LLC acquired a new position in SAP in the third quarter valued at about $47,000.

SAP Stock Up 1.1 %

Shares of SAP stock opened at $276.87 on Thursday. SAP SE has a 52-week low of $173.05 and a 52-week high of $279.14. The stock has a market cap of $340.13 billion, a price-to-earnings ratio of 110.75, a PEG ratio of 3.89 and a beta of 1.22. The firm’s 50-day moving average is $251.29 and its 200-day moving average is $231.70. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10.

SAP (NYSE:SAP) last posted its quarterly earnings results 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 8.15% and a return on equity of 11.44%. Sell-side analysts predict that SAP SE will post 4.64 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays increased their price objective on SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. TD Cowen raised SAP from a “hold” rating to a “buy” rating and upped their price target for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. JMP Securities boosted their price objective on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday. Finally, Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $290.40.

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.