Capital International Investors Lowers Stock Holdings in SAP SE $SAP

Capital International Investors lowered its stake in shares of SAP SE (NYSE:SAP) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,586,780 shares of the software maker’s stock after selling 423,405 shares during the period. Capital International Investors’ holdings in SAP were worth $873,676,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Binnacle Investments Inc grew its holdings in shares of SAP by 14.2% during the third quarter. Binnacle Investments Inc now owns 338 shares of the software maker’s stock worth $90,000 after buying an additional 42 shares during the last quarter. Spire Wealth Management lifted its position in SAP by 6.2% in the fourth quarter. Spire Wealth Management now owns 740 shares of the software maker’s stock valued at $180,000 after purchasing an additional 43 shares during the period. Thrivent Financial for Lutherans lifted its position in SAP by 1.0% in the second quarter. Thrivent Financial for Lutherans now owns 4,495 shares of the software maker’s stock valued at $1,355,000 after purchasing an additional 43 shares during the period. Euro Pacific Asset Management LLC lifted its position in SAP by 5.7% in the fourth quarter. Euro Pacific Asset Management LLC now owns 870 shares of the software maker’s stock valued at $213,000 after purchasing an additional 47 shares during the period. Finally, Modera Wealth Management LLC lifted its position in SAP by 1.2% in the fourth quarter. Modera Wealth Management LLC now owns 3,912 shares of the software maker’s stock valued at $950,000 after purchasing an additional 48 shares during the period.

Analyst Ratings Changes

SAP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. Santander upgraded shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. Wall Street Zen downgraded shares of SAP from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Zacks Research downgraded shares of SAP from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, BMO Capital Markets reduced their price objective on shares of SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, SAP currently has a consensus rating of “Moderate Buy” and a consensus price target of $288.00.

SAP Trading Up 0.1%

Shares of SAP stock opened at $184.89 on Monday. SAP SE has a 12-month low of $158.58 and a 12-month high of $313.28. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11. The stock has a market cap of $227.14 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.06 and a beta of 1.12. The company has a 50-day moving average of $173.63 and a two-hundred day moving average of $204.59.

SAP (NYSE:SAP) last issued its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The business had revenue of $11.06 billion during the quarter. On average, research analysts anticipate that SAP SE will post 8.39 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were paid a dividend of $2.9291 per share. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a dividend yield of 170.0%. SAP’s dividend payout ratio is 28.92%.

SAP Company 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.