3,722 Shares in SAP SE $SAP Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in SAP SE (NYSE:SAP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,722 shares of the software maker’s stock, valued at approximately $904,000.

Other institutional investors have also bought and sold shares of the company. Dara Capital US Inc. acquired a new stake in SAP in the fourth quarter worth about $3,342,000. Seaview Investment Managers LLC lifted its holdings in SAP by 191.4% in the third quarter. Seaview Investment Managers LLC now owns 11,744 shares of the software maker’s stock worth $3,138,000 after purchasing an additional 7,714 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in SAP in the third quarter worth about $32,760,000. Dash Acquisitions Inc. lifted its holdings in SAP by 8.7% in the fourth quarter. Dash Acquisitions Inc. now owns 78,880 shares of the software maker’s stock worth $19,161,000 after purchasing an additional 6,315 shares during the period. Finally, Cidel Asset Management Inc. lifted its holdings in SAP by 9.7% in the third quarter. Cidel Asset Management Inc. now owns 139,273 shares of the software maker’s stock worth $37,215,000 after purchasing an additional 12,268 shares during the period.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SAP. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a report on Friday, April 24th. Zacks Research downgraded shares of SAP from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Barclays upped their price objective on shares of SAP from $256.00 to $257.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Piper Sandler downgraded shares of SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. Finally, Weiss Ratings lowered shares of SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.40.

SAP Price Performance

SAP stock opened at $170.72 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11. SAP SE has a one year low of $158.58 and a one year high of $313.28. The firm has a market capitalization of $209.72 billion, a PE ratio of 23.07, a P/E/G ratio of 2.00 and a beta of 1.12. The firm has a 50-day moving average of $174.26 and a two-hundred day moving average of $203.34.

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

SAP Increases Dividend

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

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.