HHM Wealth Advisors LLC Boosts Stock Holdings in SAP SE (NYSE:SAP)

HHM Wealth Advisors LLC increased its position in shares of SAP SE (NYSE:SAP) by 126.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 322 shares of the software maker’s stock after purchasing an additional 180 shares during the period. HHM Wealth Advisors LLC’s holdings in SAP were worth $50,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its holdings in SAP by 10.9% in the third quarter. Stifel Financial Corp now owns 193,376 shares of the software maker’s stock valued at $25,007,000 after buying an additional 19,080 shares in the last quarter. Blue Trust Inc. increased its holdings in SAP by 5.8% in the fourth quarter. Blue Trust Inc. now owns 1,361 shares of the software maker’s stock valued at $210,000 after buying an additional 75 shares in the last quarter. Clear Street Markets LLC increased its holdings in SAP by 2.8% in the third quarter. Clear Street Markets LLC now owns 6,183 shares of the software maker’s stock valued at $800,000 after buying an additional 166 shares in the last quarter. Graham Capital Management L.P. purchased a new position in SAP in the third quarter valued at about $430,000. Finally, Private Trust Co. NA increased its holdings in SAP by 68.5% in the fourth quarter. Private Trust Co. NA now owns 1,547 shares of the software maker’s stock valued at $239,000 after buying an additional 629 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SAP shares. Jefferies Financial Group raised shares of SAP from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. The Goldman Sachs Group raised their price objective on shares of SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. BMO Capital Markets raised their price objective on shares of SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research note on Friday. Barclays dropped their price objective on shares of SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a research note on Wednesday, April 24th. Finally, JMP Securities raised their price objective on shares of SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a research note on Tuesday, April 23rd. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $206.20.

SAP Stock Performance

Shares of NYSE SAP opened at $186.18 on Monday. SAP SE has a 1 year low of $126.75 and a 1 year high of $199.29. The firm’s 50 day moving average price is $187.96 and its 200 day moving average price is $166.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25.

SAP Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 17th will be given a dividend of $2.3852 per share. The ex-dividend date is Thursday, May 16th. This represents a yield of 0.9%. This is a positive change from SAP’s previous annual dividend of $2.19. SAP’s dividend payout ratio (DPR) is 34.92%.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.