SAP SE $SAP Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of SAP SE (NYSE:SAP) by 1,374.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,299 shares of the software maker’s stock after buying an additional 53,412 shares during the period. SG Americas Securities LLC’s holdings in SAP were worth $9,810,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SAP. Sound Income Strategies LLC grew 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 acquiring an additional 58 shares in the last quarter. Bayban acquired a new position in shares of SAP in the fourth quarter worth about $28,000. Community Bank N.A. acquired a new position in shares of SAP in the third quarter worth about $32,000. GoalVest Advisory LLC purchased a new position in SAP in the fourth quarter valued at about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in 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 purchasing an additional 129 shares during the last quarter.

SAP Price Performance

Shares of SAP opened at $155.24 on Friday. The company has a market cap of $190.71 billion, a P/E ratio of 20.98, a PEG ratio of 1.68 and a beta of 1.12. The stock has a fifty day moving average price of $171.33 and a 200 day moving average price of $196.55. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. SAP SE has a 12 month low of $148.06 and a 12 month high of $313.28.

SAP (NYSE:SAP) last posted its 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. On average, research analysts forecast that SAP SE will post 8.36 earnings per share for the current year.

SAP Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a $2.9291 dividend. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date was Tuesday, May 5th. This represents a yield of 170.0%. SAP’s payout ratio is currently 28.78%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. HSBC upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. Barclays lifted their price target 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. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Finally, Weiss Ratings downgraded shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus 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.