EntryPoint Capital LLC Invests $231,000 in SAP SE (NYSE:SAP)

EntryPoint Capital LLC purchased a new stake in SAP SE (NYSE:SAP) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 937 shares of the software maker’s stock, valued at approximately $231,000.

A number of other large investors have also recently bought and sold shares of SAP. WCM Investment Management LLC acquired a new position in SAP in the fourth quarter valued at $290,023,000. Raymond James Financial Inc. acquired a new position in SAP in the 4th quarter valued at about $150,668,000. Fisher Asset Management LLC raised its stake in SAP by 8.6% during the 4th quarter. Fisher Asset Management LLC now owns 5,118,138 shares of the software maker’s stock valued at $1,260,137,000 after acquiring an additional 403,956 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in SAP by 152.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker’s stock worth $101,969,000 after acquiring an additional 249,824 shares during the period. Finally, Jennison Associates LLC purchased a new position in shares of SAP in the 4th quarter valued at approximately $47,195,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. JMP Securities upped their price target on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 29th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Barclays raised their price objective on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Finally, TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and boosted their target price for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $248.83.

SAP Stock Performance

NYSE SAP opened at $267.83 on Friday. The business has a 50 day moving average price of $277.05 and a 200 day moving average price of $251.46. The company has a market capitalization of $329.03 billion, a P/E ratio of 93.32, a PEG ratio of 4.71 and a beta of 1.25. SAP SE has a 1-year low of $175.08 and a 1-year high of $293.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10.

SAP (NYSE:SAP) last announced its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates 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 expect that SAP SE will post 6.55 EPS for the current fiscal 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.