5,285 Shares in SAP SE (NYSE:SAP) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new position in SAP SE (NYSE:SAP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,285 shares of the software maker’s stock, valued at approximately $1,301,000.

A number of other institutional investors also recently bought and sold shares of the stock. Night Owl Capital Management LLC increased its stake in SAP by 3.0% in the fourth quarter. Night Owl Capital Management LLC now owns 227,670 shares of the software maker’s stock worth $56,055,000 after purchasing an additional 6,647 shares during the period. LMR Partners LLP increased its stake in SAP by 133.3% in the fourth quarter. LMR Partners LLP now owns 70,000 shares of the software maker’s stock worth $17,235,000 after purchasing an additional 40,000 shares during the period. Interval Partners LP purchased a new stake in SAP in the fourth quarter worth $1,569,000. Junto Capital Management LP purchased a new stake in SAP in the fourth quarter worth $21,552,000. Finally, Focus Partners Wealth increased its stake in SAP by 4.6% in the fourth quarter. Focus Partners Wealth now owns 25,987 shares of the software maker’s stock worth $6,411,000 after purchasing an additional 1,142 shares during the period.

SAP Price Performance

SAP opened at $296.46 on Friday. The business’s 50-day moving average is $272.18 and its two-hundred day moving average is $263.13. SAP SE has a 1 year low of $179.43 and a 1 year high of $303.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a market capitalization of $364.20 billion, a PE ratio of 103.30, a price-to-earnings-growth ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP) last posted its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.12. SAP had a return on equity of 12.18% and a net margin of 9.17%. The company had revenue of $10.35 billion for the quarter, compared to analyst estimates of $9.08 billion. Research analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a $2.5423 dividend. This represents a yield of 0.8%. The ex-dividend date is Tuesday, May 13th. This is a positive change from SAP’s previous annual dividend of $2.39. SAP’s payout ratio is 35.25%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Argus reiterated a “buy” rating and issued a $320.00 target price on shares of SAP in a research note on Tuesday, April 29th. Royal Bank of Canada restated an “outperform” rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Barclays restated an “overweight” rating and set a $308.00 price target (up previously from $286.00) on shares of SAP in a research note on Thursday, April 24th. BMO Capital Markets raised their price target on SAP from $300.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, April 23rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of SAP in a research note on Friday, May 2nd. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $264.00.

About SAP

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.