Bearing Point Capital LLC Acquires Shares of 3,459 SAP SE $SAP

Bearing Point Capital LLC acquired a new stake in SAP SE (NYSE:SAP) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,459 shares of the software maker’s stock, valued at approximately $840,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new position in SAP in the third quarter valued at $27,000. Sound Income Strategies LLC increased its holdings in SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after buying an additional 58 shares in the last quarter. Guerra Advisors Inc acquired a new stake in shares of SAP in the third quarter valued at about $31,000. Community Bank N.A. acquired a new stake in shares of SAP in the third quarter valued at about $32,000. Finally, Kozak & Associates Inc. acquired a new stake in shares of SAP in the third quarter valued at about $37,000.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. BMO Capital Markets dropped their target price on shares of SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. HSBC upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 22nd. Piper Sandler lowered shares of SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. Finally, Weiss Ratings lowered shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $288.00.

SAP Stock Performance

SAP opened at $182.25 on Friday. The firm has a market capitalization of $223.90 billion, a PE ratio of 24.63, a PEG ratio of 2.03 and a beta of 1.11. SAP SE has a twelve month low of $158.58 and a twelve month high of $313.28. The firm’s 50-day moving average price is $172.41 and its 200 day moving average price is $207.04. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11.

SAP (NYSE:SAP) last posted its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The firm had revenue of $11.06 billion for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. As a group, sell-side analysts expect that SAP SE will post 8.39 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were given a dividend of $2.9291 per share. The ex-dividend date was Tuesday, May 5th. This is a boost from SAP’s previous annual dividend of $2.54. This represents a yield of 170.0%. SAP’s dividend payout ratio (DPR) is presently 28.92%.

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.