Stephens Inc. AR Decreases Stock Holdings in SAP SE (NYSE:SAP)

Stephens Inc. AR decreased its holdings in shares of SAP SE (NYSE:SAP) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,126 shares of the software maker’s stock after selling 343 shares during the period. Stephens Inc. AR’s holdings in SAP were worth $1,016,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Godsey & Gibb Inc. bought a new position in shares of SAP during the third quarter valued at approximately $25,000. Union Bancaire Privee UBP SA purchased a new stake in shares of SAP in the 4th quarter worth about $27,000. Albion Financial Group UT boosted its stake in shares of SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of SAP during the third quarter valued at about $42,000. Finally, Prospera Private Wealth LLC bought a new position in SAP in the third quarter worth about $47,000.

SAP Stock Up 0.9 %

SAP stock opened at $293.64 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP SE has a 1-year low of $174.88 and a 1-year high of $293.70. The stock has a market capitalization of $360.73 billion, a P/E ratio of 102.31, a P/E/G ratio of 4.63 and a beta of 1.23. The business has a fifty day moving average price of $260.76 and a 200-day moving average price of $237.35.

SAP (NYSE:SAP) last issued its 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 return on equity of 12.18% and a net margin of 9.17%. Equities analysts forecast that SAP SE will post 6.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About SAP

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.