111,615 Shares in SAP SE (NYSE:SAP) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of SAP SE (NYSE:SAP) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 111,615 shares of the software maker’s stock, valued at approximately $17,255,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SAP. FinTrust Capital Advisors LLC lifted its holdings in SAP by 130.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 240 shares of the software maker’s stock worth $25,000 after purchasing an additional 136 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of SAP in the 2nd quarter worth approximately $25,000. Column Capital Advisors LLC boosted its holdings in shares of SAP by 121.0% in the third quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock valued at $29,000 after acquiring an additional 121 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of SAP by 72.7% during the third quarter. CENTRAL TRUST Co now owns 380 shares of the software maker’s stock valued at $31,000 after acquiring an additional 160 shares during the period. Finally, Impact Partnership Wealth LLC raised its holdings in SAP by 376.1% during the third quarter. Impact Partnership Wealth LLC now owns 319 shares of the software maker’s stock worth $41,000 after purchasing an additional 252 shares in the last quarter.

SAP Stock Up 0.8 %

Shares of SAP stock opened at $185.67 on Friday. SAP SE has a one year low of $126.40 and a one year high of $199.29. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average price of $187.17 and a 200 day moving average price of $161.78.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 23rd. The software maker reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.17). SAP had a net margin of 20.30% and a return on equity of 9.54%. The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.98 billion. Research analysts anticipate that SAP SE will post 4.36 EPS for the current fiscal year.

SAP Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th will be issued a dividend of $2.3852 per share. The ex-dividend date is Thursday, May 16th. This is a boost from SAP’s previous annual dividend of $2.19. This represents a dividend yield of 0.9%. SAP’s dividend payout ratio (DPR) is presently 27.71%.

Analysts Set New Price Targets

SAP has been the topic of a number of research analyst reports. Jefferies Financial Group raised SAP from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. StockNews.com raised shares of SAP from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Barclays increased their target price on shares of SAP from $189.00 to $212.00 and gave the company an “overweight” rating in a research note on Wednesday, April 3rd. The Goldman Sachs Group raised their target price on shares of SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a report on Friday, January 26th. Finally, KeyCorp initiated coverage on SAP in a report on Thursday, March 21st. They issued an “overweight” rating on the stock. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $193.80.

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.