SAP SE (NYSE:SAP) Stock Holdings Lifted by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. raised its stake in SAP SE (NYSE:SAP) by 258.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,820 shares of the software maker’s stock after buying an additional 1,312 shares during the period. SRS Capital Advisors Inc.’s holdings in SAP were worth $448,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Centricity Wealth Management LLC purchased a new position in SAP during the 4th quarter worth approximately $25,000. Union Bancaire Privee UBP SA purchased a new position in SAP during the 4th quarter worth approximately $27,000. Albion Financial Group UT grew its position in SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group purchased a new position in SAP during the 3rd quarter worth approximately $42,000. Finally, Financial Management Professionals Inc. grew its position in SAP by 104.0% during the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock worth $50,000 after purchasing an additional 103 shares in the last quarter.

Analysts Set New Price Targets

Several equities analysts have weighed in on SAP shares. Royal Bank of Canada reiterated an “outperform” rating and set a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. BMO Capital Markets lifted their price objective on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. TD Cowen upgraded shares of SAP from a “hold” rating to a “buy” rating and boosted their price target for the company from $240.00 to $305.00 in a report on Friday, January 17th. Barclays boosted their price target on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Finally, JMP Securities boosted their price target on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $248.83.

SAP Trading Up 2.1 %

Shares of NYSE:SAP opened at $280.81 on Tuesday. The stock has a market capitalization of $344.98 billion, a PE ratio of 97.84, a P/E/G ratio of 4.71 and a beta of 1.23. SAP SE has a 1 year low of $175.08 and a 1 year high of $293.70. The firm has a fifty day moving average price of $269.83 and a 200 day moving average price of $244.75. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP) last issued its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. Analysts expect that SAP SE will post 6.55 EPS for the current fiscal year.

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.