Bailard Inc. Grows Holdings in SAP SE (NYSE:SAP)

Bailard Inc. boosted its holdings in SAP SE (NYSE:SAP) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,354 shares of the software maker’s stock after purchasing an additional 117 shares during the quarter. Bailard Inc.’s holdings in SAP were worth $4,519,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SAP. Centricity Wealth Management LLC acquired a new stake in shares of SAP during the fourth quarter worth about $25,000. Union Bancaire Privee UBP SA acquired a new position in SAP during the fourth quarter worth $27,000. Albion Financial Group UT raised its position in SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after acquiring an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of SAP during the 3rd quarter worth $42,000. Finally, Financial Management Professionals Inc. increased its holdings in shares of SAP by 104.0% in the 4th 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.

SAP Trading Up 0.4 %

Shares of SAP stock opened at $275.68 on Monday. The business has a 50 day moving average price of $269.19 and a 200 day moving average price of $244.29. The company has a market capitalization of $338.68 billion, a P/E ratio of 96.06, a P/E/G ratio of 4.71 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP SE has a 1 year low of $175.08 and a 1 year high of $293.70.

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 the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. Sell-side analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SAP shares. Barclays boosted their price objective on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. JMP Securities boosted their target price on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. Finally, BMO Capital Markets raised their price target on SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $248.83.

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.