Rothschild Investment LLC Has $105,000 Stock Position in SAP SE (NYSE:SAP)

Rothschild Investment LLC reduced its position in shares of SAP SE (NYSE:SAP) by 21.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 425 shares of the software maker’s stock after selling 113 shares during the period. Rothschild Investment LLC’s holdings in SAP were worth $105,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Centricity Wealth Management LLC bought a new position in shares of SAP during the fourth quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new position in shares of SAP during the fourth quarter valued at about $27,000. Albion Financial Group UT lifted its position in shares of SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of SAP during the third quarter valued at about $42,000. Finally, Financial Management Professionals Inc. lifted its position in shares of SAP by 104.0% during the fourth quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after purchasing an additional 103 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. JMP Securities lifted their price objective on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. Finally, Barclays lifted their price objective on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Ten analysts have rated the stock with a buy rating, According to MarketBeat, SAP currently has an average rating of “Buy” and a consensus target price of $248.83.

SAP Stock Performance

NYSE SAP opened at $286.94 on Wednesday. The company’s 50 day moving average is $267.23 and its 200-day moving average is $242.84. SAP SE has a 12-month low of $175.08 and a 12-month high of $293.70. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The firm has a market cap of $352.51 billion, a P/E ratio of 99.98, a price-to-earnings-growth ratio of 4.71 and a beta of 1.23.

SAP (NYSE:SAP) last posted its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. Sell-side analysts predict that SAP SE will post 6.55 earnings per share for the current year.

SAP Company Profile

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.