Personal CFO Solutions LLC Increases Position in SAP SE (NYSE:SAP)

Personal CFO Solutions LLC boosted its holdings in shares of SAP SE (NYSE:SAP) by 93.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,321 shares of the software maker’s stock after acquiring an additional 4,505 shares during the period. Personal CFO Solutions LLC’s holdings in SAP were worth $2,295,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Holocene Advisors LP acquired a new stake in shares of SAP during the 3rd quarter worth approximately $10,869,000. Atomi Financial Group Inc. increased its holdings in shares of SAP by 38.9% during the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker’s stock worth $3,074,000 after buying an additional 3,495 shares during the last quarter. Mount Yale Investment Advisors LLC increased its holdings in shares of SAP by 208.2% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker’s stock worth $4,030,000 after buying an additional 11,057 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SAP by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock worth $125,654,000 after buying an additional 7,667 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of SAP by 1,496.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 8,940 shares of the software maker’s stock worth $2,048,000 after buying an additional 8,380 shares during the last quarter.

SAP Stock Down 1.0 %

SAP stock opened at $276.43 on Friday. The company has a market cap of $339.60 billion, a P/E ratio of 96.32, a P/E/G ratio of 4.71 and a beta of 1.25. SAP SE has a 52 week low of $175.08 and a 52 week high of $293.70. The company’s 50-day moving average price is $272.04 and its 200 day moving average price is $246.32. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP) last released its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, research analysts expect that SAP SE will post 6.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SAP. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. BMO Capital Markets increased their price objective on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Barclays increased 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. Finally, JMP Securities increased 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. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $248.83.

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.