SAP SE $SAP Stock Holdings Boosted by Focus Partners Wealth

Focus Partners Wealth lifted its position in SAP SE (NYSE:SAP) by 2.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,576 shares of the software maker’s stock after buying an additional 589 shares during the period. Focus Partners Wealth’s holdings in SAP were worth $7,134,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in SAP by 91.1% in the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock valued at $648,000 after acquiring an additional 1,255 shares during the last quarter. Deutsche Bank AG lifted its stake in SAP by 41.3% during the fourth quarter. Deutsche Bank AG now owns 4,773 shares of the software maker’s stock valued at $1,175,000 after purchasing an additional 1,396 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in SAP by 26.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,152 shares of the software maker’s stock worth $530,000 after buying an additional 452 shares in the last quarter. Nomura Holdings Inc. acquired a new position in SAP in the fourth quarter worth approximately $1,301,000. Finally, Raiffeisen Bank International AG acquired a new position in shares of SAP in the 4th quarter worth $153,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on SAP shares. Wells Fargo & Company assumed coverage on shares of SAP in a report on Tuesday, May 20th. They issued an “overweight” rating for the company. UBS Group raised SAP to a “strong-buy” rating in a research report on Friday, May 30th. Morgan Stanley reissued an “overweight” rating on shares of SAP in a research note on Tuesday, August 5th. Barclays reiterated an “overweight” rating and issued a $322.00 target price (up previously from $308.00) on shares of SAP in a report on Friday, July 25th. Finally, Wall Street Zen upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $281.67.

SAP Stock Down 0.4%

Shares of SAP stock opened at $257.10 on Friday. The stock’s 50 day simple moving average is $284.11 and its 200 day simple moving average is $283.06. SAP SE has a twelve month low of $217.51 and a twelve month high of $313.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $315.85 billion, a price-to-earnings ratio of 42.57, a PEG ratio of 3.70 and a beta of 1.29.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, July 22nd. The software maker reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.07. SAP had a net margin of 18.26% and a return on equity of 14.84%. The company had revenue of $10.58 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same quarter last year, the firm posted $1.10 earnings per share. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. As a group, research analysts predict that SAP SE will post 6.55 EPS for the current year.

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.