SAP SE $SAP Stake Lifted by Vise Technologies Inc.

Vise Technologies Inc. increased its stake in SAP SE (NYSE:SAP) by 59.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,179 shares of the software maker’s stock after acquiring an additional 8,653 shares during the period. Vise Technologies Inc.’s holdings in SAP were worth $5,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SAP. Brighton Jones LLC boosted its position in shares of SAP by 91.1% during the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock valued at $648,000 after purchasing an additional 1,255 shares in the last quarter. Baird Financial Group Inc. bought a new position in shares of SAP during the 1st quarter valued at about $242,000. AQR Capital Management LLC boosted its position in shares of SAP by 49.0% during the 1st quarter. AQR Capital Management LLC now owns 16,309 shares of the software maker’s stock valued at $4,378,000 after purchasing an additional 5,363 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of SAP during the 1st quarter valued at about $2,681,000. Finally, Sivia Capital Partners LLC boosted its position in shares of SAP by 2.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,050 shares of the software maker’s stock valued at $928,000 after purchasing an additional 69 shares in the last quarter.

SAP Stock Performance

SAP stock opened at $184.89 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $227.14 billion, a P/E ratio of 24.99, a P/E/G ratio of 2.09 and a beta of 1.12. The firm has a 50 day simple moving average of $173.63 and a 200 day simple moving average of $204.83. SAP SE has a 52 week low of $158.58 and a 52 week high of $313.28.

SAP (NYSE:SAP) last posted its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. The business had revenue of $11.06 billion during the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. Research analysts anticipate that SAP SE will post 8.39 earnings per share for the current fiscal year.

SAP Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a dividend of $2.9291 per share. This is an increase from SAP’s previous annual dividend of $2.54. This represents a dividend yield of 170.0%. The ex-dividend date was Tuesday, May 5th. SAP’s dividend payout ratio is 28.92%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SAP. Santander upgraded shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. restated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. Weiss Ratings lowered shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. BMO Capital Markets reduced their price objective on shares of SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Finally, TD Cowen restated a “buy” rating on shares of SAP in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $288.00.

SAP Company 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.