SAP SE (NYSE:SAP) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its position in SAP SE (NYSE:SAP) by 39.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 407,974 shares of the software maker’s stock after acquiring an additional 116,119 shares during the quarter. Natixis Advisors LLC’s holdings in SAP were worth $100,447,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in 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 acquired a new stake in shares of SAP in the 4th quarter valued at about $27,000. Rakuten Securities Inc. raised its stake in shares of SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock valued at $28,000 after purchasing an additional 108 shares in the last quarter. Albion Financial Group UT raised its stake 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 valued at $32,000 after purchasing an additional 71 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of SAP in the 3rd quarter valued at about $42,000.

SAP Price Performance

NYSE SAP opened at $264.05 on Friday. SAP SE has a 52 week low of $175.08 and a 52 week high of $293.70. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The stock has a market cap of $324.38 billion, a price-to-earnings ratio of 92.00, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. The company has a 50-day moving average price of $273.62 and a two-hundred day moving average price of $247.83.

SAP (NYSE:SAP) last posted its earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. Analysts forecast that SAP SE will post 6.55 EPS for the current year.

Analyst Ratings Changes

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