WINTON GROUP Ltd Acquires 3,660 Shares of SAP SE $SAP

WINTON GROUP Ltd raised its holdings in SAP SE (NYSE:SAP) by 45.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,780 shares of the software maker’s stock after buying an additional 3,660 shares during the quarter. WINTON GROUP Ltd’s holdings in SAP were worth $1,815,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SAP. Bayban acquired a new stake in shares of SAP in the fourth quarter worth $28,000. Continuum Advisory LLC acquired a new position in SAP during the 2nd quarter valued at $31,000. Front Row Advisors LLC boosted its holdings in SAP by 362.5% in the 1st quarter. Front Row Advisors LLC now owns 185 shares of the software maker’s stock valued at $32,000 after purchasing an additional 145 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its position in SAP by 758.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock worth $35,000 after purchasing an additional 129 shares during the last quarter. Finally, Markowski Investments acquired a new stake in SAP in the 2nd quarter worth $41,000.

SAP Price Performance

Shares of SAP stock opened at $206.39 on Friday. The firm has a market cap of $253.55 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 2.45 and a beta of 1.14. The firm’s 50-day simple moving average is $191.36 and its 200-day simple moving average is $180.86. SAP SE has a twelve month low of $144.97 and a twelve month high of $281.36. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.15.

SAP (NYSE:SAP) last posted its quarterly earnings results on Wednesday, July 22nd. The software maker reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.18). The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $11.30 billion. SAP had a return on equity of 17.07% and a net margin of 20.88%.The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the company earned $1.50 EPS. As a group, research analysts expect that SAP SE will post 8.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on SAP shares. TD Cowen reaffirmed a “buy” rating on shares of SAP in a research report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of SAP in a research report on Thursday, August 27th. Oppenheimer reaffirmed a “market perform” rating on shares of SAP in a report on Friday, July 24th. Weiss Ratings upgraded SAP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 30th. Finally, Barclays decreased their price objective on SAP from $255.00 to $242.00 and set an “overweight” rating on the stock in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $255.67.

SAP Profile

SAP SE is a German enterprise software company headquartered in Walldorf, Germany. The company develops technology that helps organizations manage core business operations, including finance, procurement, supply chain, manufacturing, human resources, sales and customer relationships.

SAP’s portfolio is centered on its cloud-based enterprise resource planning platform, SAP S/4HANA, along with the SAP Business Technology Platform. Its products and services also include SAP SuccessFactors for human resources, SAP Ariba for business-to-business procurement, SAP Concur for travel and expense management, and solutions for customer experience, data management, analytics and artificial intelligence.

SAP was founded in 1972 by five former IBM employees and has grown into a global provider of business software.