ORG Partners LLC Has $93,000 Stock Holdings in SAP SE (NYSE:SAP)

ORG Partners LLC reduced its stake in SAP SE (NYSE:SAP) by 23.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 406 shares of the software maker’s stock after selling 121 shares during the quarter. ORG Partners LLC’s holdings in SAP were worth $93,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. LRI Investments LLC acquired a new position in shares of SAP in the 1st quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new position in SAP in the first quarter valued at $25,000. POM Investment Strategies LLC boosted its position in SAP by 892.3% during the second quarter. POM Investment Strategies LLC now owns 129 shares of the software maker’s stock valued at $26,000 after acquiring an additional 116 shares during the last quarter. Crewe Advisors LLC grew its holdings in SAP by 1,270.0% during the 2nd quarter. Crewe Advisors LLC now owns 137 shares of the software maker’s stock worth $28,000 after acquiring an additional 127 shares during the period. Finally, Sunbelt Securities Inc. bought a new position in shares of SAP in the 1st quarter worth about $29,000.

SAP Trading Down 0.9 %

NYSE:SAP opened at $229.60 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.12 and a quick ratio of 1.12. SAP SE has a one year low of $127.30 and a one year high of $232.23. The company has a market cap of $282.06 billion, a PE ratio of 49.80, a PEG ratio of 4.32 and a beta of 1.25. The firm has a 50-day moving average of $219.93 and a 200-day moving average of $202.74.

SAP (NYSE:SAP) last issued its quarterly earnings data on Monday, July 22nd. The software maker reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. SAP had a return on equity of 10.98% and a net margin of 7.74%. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.25 billion. During the same period in the previous year, the company posted $0.71 EPS. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, equities research analysts expect that SAP SE will post 4.78 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. BMO Capital Markets raised their target price on SAP from $237.00 to $248.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 23rd. TD Cowen raised their price objective on shares of SAP from $188.00 to $214.00 and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. JMP Securities boosted their target price on shares of SAP from $220.00 to $245.00 and gave the company a “market outperform” rating in a research report on Tuesday, July 23rd. Barclays lifted their price target on shares of SAP from $251.00 to $252.00 and gave the company an “overweight” rating in a research note on Monday, September 30th. Finally, Argus raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $232.17.

SAP Company 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.