SAP SE $SAP Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its stake in shares of SAP SE (NYSE:SAP) by 16.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,133 shares of the software maker’s stock after purchasing an additional 6,519 shares during the quarter. Hantz Financial Services Inc.’s holdings in SAP were worth $12,060,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. First PREMIER Bank acquired a new position in shares of SAP during the third quarter valued at $25,000. Retirement Wealth Solutions LLC increased its holdings in shares of SAP by 246.4% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock worth $26,000 after acquiring an additional 69 shares during the period. Copia Wealth Management bought a new stake in SAP in the 3rd quarter valued at about $28,000. Guerra Advisors Inc acquired a new position in SAP during the 3rd quarter valued at about $31,000. Finally, Albion Financial Group UT boosted its stake in SAP by 56.8% during the 3rd quarter. Albion Financial Group UT now owns 127 shares of the software maker’s stock valued at $34,000 after purchasing an additional 46 shares during the period.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wall Street Zen upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Saturday. Hsbc Global Res raised SAP to a “hold” rating in a research note on Tuesday, January 20th. Barclays set a $283.00 price target on SAP in a research note on Monday. Citigroup lowered SAP from a “buy” rating to a “hold” rating in a report on Friday. Finally, Santander raised shares of SAP to a “neutral” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $305.75.

SAP Price Performance

NYSE:SAP opened at $197.23 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $238.00 and its 200 day moving average price is $258.15. SAP SE has a 52-week low of $195.06 and a 52-week high of $313.28. The firm has a market cap of $242.29 billion, a P/E ratio of 27.98, a PEG ratio of 2.28 and a beta of 1.17.

SAP (NYSE:SAP) last posted its quarterly earnings data on Thursday, January 29th. The software maker reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.13. The company had revenue of $11.36 billion during the quarter, compared to analyst estimates of $9.77 billion. SAP had a net margin of 19.92% and a return on equity of 16.73%. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.40 EPS. As a group, sell-side analysts predict that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.