SAP SE (NYSE:SAP) Stock Holdings Decreased by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC decreased its stake in shares of SAP SE (NYSE:SAP) by 18.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 168 shares of the software maker’s stock after selling 37 shares during the quarter. JFS Wealth Advisors LLC’s holdings in SAP were worth $41,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Foster Group Inc. boosted its position in SAP by 4.3% during the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker’s stock valued at $268,000 after purchasing an additional 45 shares during the period. Wedmont Private Capital lifted its stake in SAP by 2.4% in the fourth quarter. Wedmont Private Capital now owns 1,927 shares of the software maker’s stock valued at $485,000 after buying an additional 46 shares during the last quarter. Confluence Investment Management LLC boosted its holdings in shares of SAP by 1.1% during the fourth quarter. Confluence Investment Management LLC now owns 4,325 shares of the software maker’s stock valued at $1,065,000 after acquiring an additional 49 shares during the period. PDS Planning Inc grew its position in shares of SAP by 1.3% during the third quarter. PDS Planning Inc now owns 3,994 shares of the software maker’s stock worth $915,000 after acquiring an additional 51 shares during the last quarter. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of SAP by 5.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,100 shares of the software maker’s stock worth $252,000 after acquiring an additional 52 shares during the period.

Wall Street Analysts Forecast Growth

SAP has been the subject of a number of analyst reports. BMO Capital Markets upped their target price on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Barclays increased their price objective on SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Royal Bank of Canada reissued an “outperform” rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Finally, JMP Securities lifted their price objective on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 29th. Ten analysts have rated the stock with a buy rating, According to MarketBeat.com, SAP has an average rating of “Buy” and a consensus price target of $248.83.

SAP Trading Up 0.6 %

Shares of SAP stock opened at $292.51 on Wednesday. The business has a fifty day simple moving average of $263.01 and a 200-day simple moving average of $239.31. SAP SE has a fifty-two week low of $174.88 and a fifty-two week high of $293.70. The firm has a market cap of $359.34 billion, a price-to-earnings ratio of 101.92, a price-to-earnings-growth ratio of 4.63 and a beta of 1.23. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16.

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

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.