Unionview LLC Trims Holdings in SAP SE (NYSE:SAP)

Unionview LLC decreased its stake in shares of SAP SE (NYSE:SAP) by 19.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 924 shares of the software maker’s stock after selling 224 shares during the quarter. Unionview LLC’s holdings in SAP were worth $227,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SAP. Union Bancaire Privee UBP SA purchased a new position in SAP during the fourth quarter worth approximately $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 valued at $32,000 after purchasing an additional 71 shares during the period. Brooklyn Investment Group purchased a new stake in SAP in the third quarter valued at $42,000. Prospera Private Wealth LLC purchased a new stake in SAP in the third quarter valued at $47,000. Finally, Financial Management Professionals Inc. raised its position in SAP by 104.0% in the fourth 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 during the period.

Analyst Upgrades and Downgrades

SAP has been the topic of a number of research analyst reports. Barclays lifted their target price on SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and lifted their target price for the company from $240.00 to $305.00 in a research report on Friday, January 17th. JMP Securities lifted their target price on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, BMO Capital Markets boosted their price objective on SAP from $265.00 to $307.00 and gave the company an “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 presently has a consensus rating of “Buy” and an average target price of $248.83.

SAP Price Performance

SAP stock opened at $288.23 on Thursday. SAP SE has a 12-month low of $174.88 and a 12-month high of $293.70. The company has a market capitalization of $354.09 billion, a PE ratio of 100.43, a P/E/G ratio of 4.79 and a beta of 1.23. 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 business’s fifty day moving average price is $264.61 and its 200 day moving average price is $240.26.

SAP (NYSE:SAP) last released 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%. On average, sell-side analysts anticipate that SAP SE will post 6.55 EPS for the current 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.