EJMK Ventures LLC Buys New Stake in SAP SE $SAP

EJMK Ventures LLC purchased a new position in shares of SAP SE (NYSE:SAP) in the fourth quarter, Holdings Channel reports. The fund purchased 3,482 shares of the software maker’s stock, valued at approximately $846,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC raised its stake in shares of SAP by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after purchasing an additional 58 shares in the last quarter. Community Bank N.A. bought a new stake in shares of SAP during the 3rd quarter worth about $32,000. GoalVest Advisory LLC acquired a new stake in shares of SAP in the 4th quarter worth approximately $35,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of SAP by 758.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock valued at $35,000 after acquiring an additional 129 shares in the last quarter. Finally, Kozak & Associates Inc. acquired a new position in shares of SAP during the third quarter valued at approximately $37,000.

SAP Stock Up 0.1%

SAP stock opened at $155.38 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $190.89 billion, a P/E ratio of 21.00, a P/E/G ratio of 1.74 and a beta of 1.12. SAP SE has a 52-week low of $154.13 and a 52-week high of $313.28. The company’s 50 day simple moving average is $172.90 and its 200-day simple moving average is $199.77.

SAP (NYSE:SAP) last posted 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 firm had revenue of $11.06 billion for the quarter. As a group, equities research analysts anticipate that SAP SE will post 8.37 EPS for the current year.

SAP Increases Dividend

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

Analyst Ratings Changes

SAP has been the topic of several recent analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $265.00 target price on shares of SAP in a report on Wednesday, June 10th. Piper Sandler cut SAP from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 14th. HSBC raised SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a report on Friday, April 24th. Finally, Barclays lifted their price objective on shares of SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. One 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’s stock. According to data from MarketBeat.com, SAP currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.40.

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.