Generali Investments CEE investicni spolecnost a.s. Invests $13.68 Million in SAP SE $SAP

Generali Investments CEE investicni spolecnost a.s. purchased a new stake in shares of SAP SE (NYSE:SAP) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 55,936 shares of the software maker’s stock, valued at approximately $13,683,000. SAP makes up about 1.0% of Generali Investments CEE investicni spolecnost a.s.’s portfolio, making the stock its 20th largest position.

Other large investors have also made changes to their positions in the company. First PREMIER Bank acquired a new position in SAP in the third quarter worth approximately $25,000. Retirement Wealth Solutions LLC lifted its stake in SAP by 246.4% in the third quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock valued at $26,000 after acquiring an additional 69 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in SAP in the third quarter valued at approximately $27,000. Copia Wealth Management bought a new stake in SAP in the third quarter worth approximately $28,000. Finally, Guerra Advisors Inc acquired a new position in shares of SAP during the 3rd quarter worth $31,000.

SAP Price Performance

NYSE SAP opened at $164.19 on Friday. SAP SE has a 1 year low of $163.77 and a 1 year high of $313.28. The company has a fifty day simple moving average of $200.78 and a 200 day simple moving average of $235.66. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. The company has a market cap of $201.71 billion, a P/E ratio of 23.29, a P/E/G ratio of 1.85 and a beta of 1.18.

SAP (NYSE:SAP) last announced its earnings results on Thursday, January 29th. The software maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.77 by $0.13. The firm had revenue of $11.36 billion for the quarter, compared to the consensus estimate of $9.77 billion. SAP had a net margin of 19.92% and a return on equity of 16.54%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.40 EPS. On average, sell-side analysts predict that SAP SE will post 6.55 EPS for the current year.

Wall Street Analyst Weigh In

SAP has been the topic of a number of recent research reports. Arete Research upgraded shares of SAP to a “strong-buy” rating in a report on Thursday, December 11th. Weiss Ratings cut shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 16th. Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a report on Tuesday, February 24th. Santander raised SAP to a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Barclays set a $283.00 price target on SAP in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $305.75.

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.