Americana Partners LLC Grows Position in SAP SE (NYSE:SAP)

Americana Partners LLC grew its holdings in SAP SE (NYSE:SAP) by 205.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,177 shares of the software maker’s stock after buying an additional 10,201 shares during the period. Americana Partners LLC’s holdings in SAP were worth $3,737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SAP. Godsey & Gibb Inc. purchased a new position in SAP in the 3rd quarter worth approximately $25,000. Union Bancaire Privee UBP SA acquired a new stake in shares of SAP in the fourth quarter valued at approximately $27,000. Albion Financial Group UT lifted its position in SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after buying an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new position in SAP during the third quarter worth $42,000. Finally, Prospera Private Wealth LLC purchased a new stake in SAP in the 3rd quarter valued at $47,000.

SAP Stock Down 1.1 %

Shares of NYSE SAP opened at $290.49 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $262.25 and its two-hundred day moving average is $238.71. SAP SE has a 52-week low of $174.88 and a 52-week high of $293.70. The firm has a market cap of $356.86 billion, a price-to-earnings ratio of 101.21, a PEG ratio of 4.63 and a beta of 1.23.

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

Analysts Set New Price Targets

Several research firms have recently commented on SAP. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and lifted their price target for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. BMO Capital Markets raised their price target on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th. JMP Securities upped their price objective on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. Finally, Barclays raised their target price on SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price 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.