Unio Capital LLC Grows Stake in SAP SE (NYSE:SAP)

Unio Capital LLC grew its stake in shares of SAP SE (NYSE:SAP) by 46.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 52,458 shares of the software maker’s stock after acquiring an additional 16,628 shares during the period. SAP comprises 4.6% of Unio Capital LLC’s investment portfolio, making the stock its 13th biggest position. Unio Capital LLC’s holdings in SAP were worth $12,916,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of SAP. Waverly Advisors LLC bought a new stake in SAP during the fourth quarter valued at $254,000. Vident Advisory LLC raised its holdings in shares of SAP by 3.6% in the 4th quarter. Vident Advisory LLC now owns 11,917 shares of the software maker’s stock valued at $2,934,000 after acquiring an additional 410 shares in the last quarter. Two Sigma Advisers LP boosted its position in shares of SAP by 185.7% during the 4th quarter. Two Sigma Advisers LP now owns 6,000 shares of the software maker’s stock valued at $1,477,000 after acquiring an additional 3,900 shares during the last quarter. Tidal Investments LLC increased its position in shares of SAP by 14.0% in the fourth quarter. Tidal Investments LLC now owns 12,481 shares of the software maker’s stock worth $3,073,000 after purchasing an additional 1,537 shares during the last quarter. Finally, Strive Asset Management LLC purchased a new stake in SAP in the fourth quarter valued at approximately $743,000.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. BMO Capital Markets increased their price target on shares of SAP from $300.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday, April 23rd. Argus reiterated a “buy” rating and issued a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. JMP Securities raised their price target on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 price objective on shares of SAP in a report on Thursday, January 30th. Finally, Barclays reiterated an “overweight” rating and set a $308.00 price objective (up from $286.00) on shares of SAP in a research report on Thursday, April 24th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $264.00.

SAP Price Performance

SAP stock opened at $298.78 on Tuesday. 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 SE has a 1 year low of $179.43 and a 1 year high of $303.40. The firm has a 50-day moving average of $272.87 and a 200 day moving average of $263.79. The company has a market cap of $367.05 billion, a P/E ratio of 104.10, a PEG ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP) last announced its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $9.08 billion. On average, sell-side analysts forecast that SAP SE will post 6.55 EPS for the current year.

SAP Increases Dividend

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

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.