SAP SE (NYSE:SAP) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lessened its position in shares of SAP SE (NYSE:SAP) by 14.1% in the 4th quarter, HoldingsChannel reports. The fund owned 2,005 shares of the software maker’s stock after selling 329 shares during the period. Stratos Wealth Partners LTD.’s holdings in SAP were worth $310,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FinTrust Capital Advisors LLC lifted its position in shares of SAP by 130.8% during the 4th quarter. FinTrust Capital Advisors LLC now owns 240 shares of the software maker’s stock worth $25,000 after buying an additional 136 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of SAP during the 2nd quarter worth approximately $25,000. Column Capital Advisors LLC lifted its position in shares of SAP by 121.0% during the 3rd quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock worth $29,000 after buying an additional 121 shares during the last quarter. CENTRAL TRUST Co lifted its position in shares of SAP by 72.7% during the 3rd quarter. CENTRAL TRUST Co now owns 380 shares of the software maker’s stock worth $31,000 after buying an additional 160 shares during the last quarter. Finally, Impact Partnership Wealth LLC lifted its position in shares of SAP by 376.1% during the 3rd quarter. Impact Partnership Wealth LLC now owns 319 shares of the software maker’s stock worth $41,000 after buying an additional 252 shares during the last quarter.

SAP Price Performance

Shares of SAP opened at $180.78 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.40 and a quick ratio of 1.40. The company’s fifty day moving average is $187.24 and its two-hundred day moving average is $162.60. SAP SE has a 1 year low of $126.40 and a 1 year high of $199.29.

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

SAP Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. KeyCorp assumed coverage on shares of SAP in a research report on Thursday, March 21st. They set an “overweight” rating for the company. StockNews.com upgraded shares of SAP from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 10th. The Goldman Sachs Group upped their price target on shares of SAP from $185.00 to $207.00 and gave the company a “buy” rating in a research report on Friday, January 26th. Barclays upped their price target on shares of SAP from $189.00 to $212.00 and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Finally, BMO Capital Markets upped their price target on shares of SAP from $147.00 to $195.00 and gave the company a “market perform” rating in a research report on Thursday, January 25th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $193.80.

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.