Certior Financial Group LLC Invests $599,000 in SAP SE (NYSE:SAP)

Certior Financial Group LLC bought a new stake in shares of SAP SE (NYSE:SAP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,431 shares of the software maker’s stock, valued at approximately $599,000.

Other large investors also recently modified their holdings of the company. Centricity Wealth Management LLC acquired a new stake in shares of SAP in the 4th quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new stake in shares of SAP during the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. raised its position in shares of SAP by 2,700.0% during the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock worth $28,000 after purchasing an additional 108 shares during the period. Albion Financial Group UT lifted its holdings in shares of SAP by 122.4% in 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. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in SAP in the 4th quarter valued at $42,000.

Analysts Set New Price Targets

SAP has been the subject of a number of analyst reports. BMO Capital Markets lifted their price objective on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and lifted their price target for the stock from $240.00 to $305.00 in a report on Friday, January 17th. JMP Securities boosted their price objective on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 29th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $38.00 target price on shares of SAP in a research report on Thursday, January 30th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $248.83.

SAP Stock Down 5.7 %

Shares of NYSE SAP opened at $249.38 on Monday. The business has a 50-day moving average of $276.41 and a 200-day moving average of $253.48. The firm has a market capitalization of $306.37 billion, a price-to-earnings ratio of 86.89, a PEG ratio of 4.71 and a beta of 1.28. 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 SE has a 12 month low of $175.08 and a 12 month high of $293.70.

SAP (NYSE:SAP) last posted 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%. Sell-side analysts expect that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP 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.