SAP SE (NYSE:SAP) Position Boosted by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its holdings in SAP SE (NYSE:SAP) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,711 shares of the software maker’s stock after acquiring an additional 1,420 shares during the quarter. Yousif Capital Management LLC’s holdings in SAP were worth $3,356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Contravisory Investment Management Inc. grew its stake in SAP by 5.1% during the 4th quarter. Contravisory Investment Management Inc. now owns 1,437 shares of the software maker’s stock valued at $222,000 after acquiring an additional 70 shares in the last quarter. Blue Trust Inc. grew its position in SAP by 5.8% during the fourth quarter. Blue Trust Inc. now owns 1,361 shares of the software maker’s stock valued at $210,000 after purchasing an additional 75 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in SAP by 1.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,586 shares of the software maker’s stock valued at $593,000 after buying an additional 79 shares during the period. Argonautica Private Wealth Management Inc. lifted its position in SAP by 3.5% in the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 2,446 shares of the software maker’s stock worth $316,000 after buying an additional 82 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in shares of SAP by 18.6% during the 4th quarter. Global Retirement Partners LLC now owns 630 shares of the software maker’s stock valued at $99,000 after buying an additional 99 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JMP Securities increased their price objective on SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a report on Tuesday, April 23rd. KeyCorp began coverage on SAP in a research note on Thursday, March 21st. They set an “overweight” rating for the company. Jefferies Financial Group raised SAP from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. The Goldman Sachs Group increased their price objective on SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a report on Friday, January 26th. Finally, StockNews.com downgraded shares of SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $206.20.

SAP Stock Performance

Shares of SAP stock opened at $186.18 on Monday. SAP SE has a 12-month low of $126.75 and a 12-month high of $199.29. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average price of $187.96 and a two-hundred day moving average price of $166.29.

SAP Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 17th will be issued a $2.3852 dividend. This represents a yield of 0.9%. The ex-dividend date is Thursday, May 16th. This is an increase from SAP’s previous annual dividend of $2.19. SAP’s dividend payout ratio (DPR) is 34.92%.

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.