Stephens Inc. AR Sells 388 Shares of SAP SE (NYSE:SAP)

Stephens Inc. AR lowered its stake in shares of SAP SE (NYSE:SAPFree Report) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,395 shares of the software maker’s stock after selling 388 shares during the period. Stephens Inc. AR’s holdings in SAP were worth $834,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Apollon Wealth Management LLC bought a new stake in SAP in the 4th quarter valued at $492,000. Stifel Financial Corp raised its stake in SAP by 10.9% in the 3rd quarter. Stifel Financial Corp now owns 193,376 shares of the software maker’s stock valued at $25,007,000 after acquiring an additional 19,080 shares during the period. Blue Trust Inc. raised its stake in SAP by 5.8% in the 4th quarter. Blue Trust Inc. now owns 1,361 shares of the software maker’s stock valued at $210,000 after acquiring an additional 75 shares during the period. Clear Street Markets LLC raised its stake in SAP by 2.8% in the 3rd quarter. Clear Street Markets LLC now owns 6,183 shares of the software maker’s stock valued at $800,000 after acquiring an additional 166 shares during the period. Finally, Phillips Wealth Planners LLC bought a new stake in SAP in the 4th quarter valued at $221,000.

SAP Trading Down 0.5 %

Shares of NYSE SAP opened at $190.18 on Tuesday. 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 SE has a 52 week low of $126.75 and a 52 week high of $199.29. The stock’s fifty day moving average is $187.52 and its 200 day moving average is $177.16.

SAP (NYSE:SAPGet Free Report) last issued its quarterly earnings results on Monday, April 22nd. The software maker reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.06). SAP had a return on equity of 9.79% and a net margin of 15.76%. The company had revenue of $8.73 billion during the quarter, compared to the consensus estimate of $8.73 billion. As a group, analysts forecast that SAP SE will post 4.56 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th were given a $2.3852 dividend. This represents a yield of 0.9%. The ex-dividend date of this dividend was Thursday, May 16th. This is a boost from SAP’s previous annual dividend of $2.19. SAP’s payout ratio is currently 37.53%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SAP shares. BMO Capital Markets increased their price objective on SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday, April 26th. Barclays lowered their price objective on SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. Sanford C. Bernstein started coverage on SAP in a research report on Thursday, May 23rd. They set an “outperform” rating and a $227.00 price objective on the stock. KeyCorp started coverage on SAP in a research report on Thursday, March 21st. They set an “overweight” rating on the stock. Finally, StockNews.com cut SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, SAP currently has an average rating of “Moderate Buy” and an average price target of $216.40.

Get Our Latest Stock Analysis on SAP

About SAP

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SAP (NYSE:SAP)

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