Berbice Capital Management LLC Acquires New Position in SAP SE (NYSE:SAP)

Berbice Capital Management LLC bought a new stake in SAP SE (NYSE:SAPFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 350 shares of the software maker’s stock, valued at approximately $86,000.

Other large investors have also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new stake in SAP in the third quarter valued at approximately $25,000. Albion Financial Group UT increased its stake in SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group bought a new stake in SAP in the third quarter valued at approximately $42,000. Prospera Private Wealth LLC bought a new stake in SAP in the third quarter valued at approximately $47,000. Finally, Financial Management Professionals Inc. increased its stake in SAP by 104.0% in the fourth quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after purchasing an additional 103 shares in the last quarter.

Analysts Set New Price Targets

SAP has been the subject of several recent analyst reports. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Barclays increased their price objective on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and increased their price objective for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. BMO Capital Markets increased their price objective on shares of SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Finally, JMP Securities increased their price objective on shares of SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 22nd. Eleven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $264.50.

Get Our Latest Stock Analysis on SAP

SAP Stock Up 0.2 %

SAP stock opened at $275.86 on Friday. The company has a market cap of $338.90 billion, a P/E ratio of 110.18, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22. SAP SE has a 1-year low of $172.32 and a 1-year high of $275.73. The company has a fifty day simple moving average of $247.76 and a 200 day simple moving average of $229.46. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17.

SAP (NYSE:SAPGet Free Report) last released its earnings results on Monday, October 21st. The software maker reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). The business had revenue of $8.47 billion during the quarter, compared to the consensus estimate of $9.25 billion. SAP had a net margin of 8.15% and a return on equity of 11.44%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the business posted $1.20 EPS. Research analysts anticipate that SAP SE will post 4.64 earnings per share for the current fiscal year.

SAP Profile

(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.

See Also

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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