117,772 Shares in SAP SE (SAP) Purchased by Marshall Wace North America L.P.

Marshall Wace North America L.P. acquired a new stake in SAP SE (NYSE:SAP) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 117,772 shares of the software maker’s stock, valued at approximately $14,486,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Hawaiian Bank bought a new position in SAP during the 3rd quarter worth approximately $134,000. Stelac Advisory Services LLC bought a new position in SAP during the 3rd quarter worth approximately $142,000. BSW Wealth Partners bought a new position in SAP during the 2nd quarter worth approximately $200,000. Verition Fund Management LLC bought a new position in SAP during the 3rd quarter worth approximately $201,000. Finally, Vident Investment Advisory LLC bought a new position in SAP during the 3rd quarter worth approximately $209,000. Hedge funds and other institutional investors own 4.42% of the company’s stock.

Shares of SAP opened at $100.72 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.13 and a current ratio of 1.13. SAP SE has a twelve month low of $98.83 and a twelve month high of $127.16. The company has a market capitalization of $124.71 billion, a price-to-earnings ratio of 23.48, a P/E/G ratio of 3.23 and a beta of 1.27.

SAP (NYSE:SAP) last posted its quarterly earnings data on Thursday, October 18th. The software maker reported $1.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.02. SAP had a net margin of 17.57% and a return on equity of 17.64%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.99 billion. During the same period last year, the company earned $1.01 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. Analysts anticipate that SAP SE will post 4.29 earnings per share for the current year.

SAP has been the topic of several recent analyst reports. Zacks Investment Research lowered shares of SAP from a “hold” rating to a “sell” rating in a research note on Thursday, September 6th. JPMorgan Chase & Co. reissued a “buy” rating on shares of SAP in a research note on Monday, September 17th. ValuEngine lowered shares of SAP from a “buy” rating to a “hold” rating in a research note on Thursday, October 18th. DZ Bank reaffirmed a “buy” rating on shares of SAP in a research note on Thursday, October 18th. Finally, UBS Group raised shares of SAP from a “neutral” rating to a “buy” rating in a research note on Monday, October 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company’s stock. SAP presently has a consensus rating of “Buy” and an average target price of $112.89.

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About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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