Cwm LLC Acquires 253 Shares of SAP SE (NYSE:SAP)

Cwm LLC boosted its holdings in shares of SAP SE (NYSE:SAP) by 13.6% during the 4th quarter, Holdings Channel reports. The firm owned 2,108 shares of the software maker’s stock after buying an additional 253 shares during the period. Cwm LLC’s holdings in SAP were worth $326,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. raised 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 purchasing an additional 70 shares during the period. Blue Trust Inc. raised its stake in SAP by 5.8% during the 4th 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 during the period. 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 worth $593,000 after acquiring an additional 79 shares during the last quarter. Argonautica Private Wealth Management Inc. increased its stake 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 acquiring an additional 82 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in SAP by 18.6% in the 4th quarter. Global Retirement Partners LLC now owns 630 shares of the software maker’s stock worth $99,000 after acquiring an additional 99 shares during the last quarter.

SAP Trading Up 0.4 %

SAP opened at $180.77 on Friday. The business has a fifty day moving average of $188.25 and a 200 day moving average of $167.22. SAP SE has a 52-week low of $126.75 and a 52-week high of $199.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25.

SAP Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 28th. Investors 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 represents a yield of 0.9%. This is a boost from SAP’s previous annual dividend of $2.19. SAP’s payout ratio is presently 34.92%.

Analysts Set New Price Targets

SAP has been the topic of a number of research reports. 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 lifted their price objective on SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. Barclays reduced their price objective on SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 24th. StockNews.com downgraded SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Finally, BMO Capital Markets boosted their target price on SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a research report on Friday, April 26th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $206.20.

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.