Entropy Technologies LP Has $4.55 Million Stock Holdings in SAP SE $SAP

Entropy Technologies LP trimmed its position in SAP SE (NYSE:SAP) by 18.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,712 shares of the software maker’s stock after selling 4,121 shares during the period. Entropy Technologies LP’s holdings in SAP were worth $4,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new position in SAP in the 3rd quarter valued at $27,000. Sound Income Strategies LLC grew its holdings in SAP by 109.4% in the 4th 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. Community Bank N.A. acquired a new position in SAP in the 3rd quarter valued at $32,000. Kozak & Associates Inc. acquired a new position in SAP in the 3rd quarter valued at $37,000. Finally, GoalVest Advisory LLC acquired a new position in SAP in the 4th quarter valued at $35,000.

SAP Stock Performance

NYSE:SAP opened at $164.33 on Monday. The stock has a fifty day moving average price of $173.97 and a 200-day moving average price of $202.30. The company has a market cap of $201.87 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 1.84 and a beta of 1.12. 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 SE has a fifty-two week low of $158.58 and a fifty-two week high of $313.28.

SAP (NYSE:SAP) last announced its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The business had revenue of $11.06 billion during the quarter. As a group, equities analysts anticipate that SAP SE will post 8.37 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently disclosed 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 represents a dividend yield of 170.0%. This is an increase from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio is currently 28.92%.

Wall Street Analyst Weigh In

A number of brokerages have commented on SAP. BMO Capital Markets decreased their price objective on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. The Goldman Sachs Group reiterated a “buy” rating and set a $265.00 target price on shares of SAP in a research report on Wednesday. Weiss Ratings downgraded SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $283.40.

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.