1,486 Shares in SAP SE (NYSE:SAP) Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. acquired a new position in SAP SE (NYSE:SAP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,486 shares of the software maker’s stock, valued at approximately $366,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Centricity Wealth Management LLC bought a new position in SAP in the 4th quarter valued at $25,000. Union Bancaire Privee UBP SA purchased a new position in shares of SAP during the 4th quarter valued at $27,000. Albion Financial Group UT grew its position in shares of SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of SAP during the 3rd quarter valued at $42,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of SAP during the 4th quarter valued at $42,000.

SAP Stock Up 3.5 %

Shares of NYSE:SAP opened at $264.05 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The firm has a market capitalization of $324.38 billion, a PE ratio of 92.00, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25. The firm has a fifty day moving average of $273.62 and a 200 day moving average of $248.05. SAP SE has a 52-week low of $175.08 and a 52-week high of $293.70.

SAP (NYSE:SAP) last posted its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. As a group, research analysts anticipate that SAP SE will post 6.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. TD Cowen upgraded shares of SAP from a “hold” rating to a “buy” rating and boosted their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and set a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. Barclays boosted their price target on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. JMP Securities upped their target price on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. Finally, Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP currently has an average rating of “Buy” and a consensus price target of $248.83.

SAP 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.