Marathon Trading Investment Management LLC Acquires Shares of 4,000 SAP SE $SAP

Marathon Trading Investment Management LLC acquired a new stake in SAP SE (NYSE:SAP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 4,000 shares of the software maker’s stock, valued at approximately $972,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SAP. Windacre Partnership LLC raised its holdings in SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares in the last quarter. Bank of America Corp DE raised its holdings in SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after acquiring an additional 973,779 shares in the last quarter. Sustainable Growth Advisers LP raised its holdings in SAP by 1,126.3% in the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock valued at $225,102,000 after acquiring an additional 773,720 shares in the last quarter. M&T Bank Corp raised its holdings in shares of SAP by 1,582.7% during the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after buying an additional 768,725 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of SAP by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock worth $3,887,727,000 after buying an additional 392,010 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. HSBC raised SAP from a “hold” rating to a “buy” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Wall Street Zen cut SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. The Goldman Sachs Group reissued a “buy” rating and set a $265.00 price target on shares of SAP in a report on Wednesday. Finally, BMO Capital Markets lowered their price target on SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, SAP presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.40.

SAP Trading Up 0.1%

Shares of SAP stock opened at $164.33 on Monday. The firm has a market capitalization of $201.87 billion, a P/E ratio of 22.21, a P/E/G ratio of 1.84 and a beta of 1.12. SAP SE has a twelve month low of $158.58 and a twelve month high of $313.28. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $173.97 and its 200 day simple moving average is $202.30.

SAP (NYSE:SAP) last issued its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The business had revenue of $11.06 billion for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%. As a group, sell-side analysts predict that SAP SE will post 8.37 EPS for the current fiscal year.

SAP Increases Dividend

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