Saturna Capital Corp Increases Holdings in SAP SE $SAP

Saturna Capital Corp increased its position in shares of SAP SE (NYSE:SAP) by 31.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,121 shares of the software maker’s stock after purchasing an additional 5,343 shares during the quarter. Saturna Capital Corp’s holdings in SAP were worth $5,373,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Binnacle Investments Inc lifted its stake in SAP by 14.2% during the 3rd quarter. Binnacle Investments Inc now owns 338 shares of the software maker’s stock valued at $90,000 after acquiring an additional 42 shares during the period. Spire Wealth Management boosted its holdings in shares of SAP by 6.2% in the 4th quarter. Spire Wealth Management now owns 740 shares of the software maker’s stock valued at $180,000 after acquiring an additional 43 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of SAP by 1.0% in the second quarter. Thrivent Financial for Lutherans now owns 4,495 shares of the software maker’s stock worth $1,355,000 after acquiring an additional 43 shares during the period. Euro Pacific Asset Management LLC raised its holdings in shares of SAP by 5.7% during the fourth quarter. Euro Pacific Asset Management LLC now owns 870 shares of the software maker’s stock worth $213,000 after purchasing an additional 47 shares during the last quarter. Finally, Modera Wealth Management LLC raised its holdings in shares of SAP by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 3,912 shares of the software maker’s stock worth $950,000 after purchasing an additional 48 shares during the last quarter.

SAP Stock Down 4.6%

Shares of SAP opened at $170.72 on Thursday. The stock has a 50 day moving average price of $174.26 and a 200 day moving average price of $203.34. SAP SE has a one year low of $158.58 and a one year high of $313.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $209.72 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.00 and a beta of 1.12.

SAP (NYSE:SAP) last announced its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. The company had revenue of $11.06 billion for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. Equities research analysts forecast that SAP SE will post 8.39 earnings per share for the current fiscal year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were paid a $2.9291 dividend. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a yield of 170.0%. SAP’s dividend payout ratio is 28.92%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a report on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a research note on Tuesday, March 24th. The Goldman Sachs Group restated a “buy” rating and issued a $265.00 target price on shares of SAP in a research note on Wednesday. Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, BMO Capital Markets reduced their price target on SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $283.40.

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.