SAP SE $SAP Position Lessened by Capital International Inc. CA

Capital International Inc. CA decreased its stake in SAP SE (NYSE:SAP) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,700 shares of the software maker’s stock after selling 3,182 shares during the period. Capital International Inc. CA’s holdings in SAP were worth $14,259,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SAP. Windacre Partnership LLC lifted its holdings in shares of SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after purchasing an additional 1,336,325 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock worth $805,992,000 after purchasing an additional 973,779 shares during the last quarter. Sustainable Growth Advisers LP lifted its holdings in shares of SAP by 1,126.3% in the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock worth $225,102,000 after purchasing an additional 773,720 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of SAP by 1,582.7% in the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after purchasing an additional 768,725 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of SAP by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock worth $3,887,727,000 after purchasing an additional 392,010 shares during the last quarter.

SAP Stock Up 0.1%

Shares of SAP stock opened at $184.89 on Monday. SAP SE has a 1 year low of $158.58 and a 1 year high of $313.28. 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 business’s fifty day moving average is $173.63 and its 200-day moving average is $204.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07.

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

SAP Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen downgraded SAP from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. TD Cowen reaffirmed a “buy” rating on shares of SAP in a research note on Thursday, May 14th. Zacks Research downgraded SAP from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Barclays lifted their target price on SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, BMO Capital Markets cut their target price on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. One equities 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, SAP presently has a consensus rating of “Moderate Buy” and an average price target of $288.00.

About SAP

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.