Natixis Advisors L.P. Buys 31,135 Shares of SAP SE (NYSE:SAP)

Natixis Advisors L.P. grew its stake in shares of SAP SE (NYSE:SAP) by 8.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 404,730 shares of the software maker’s stock after acquiring an additional 31,135 shares during the period. Natixis Advisors L.P.’s holdings in SAP were worth $62,566,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new position in shares of SAP during the 4th quarter valued at $31,000. Larson Financial Group LLC bought a new stake in shares of SAP in the fourth quarter valued at approximately $33,000. Column Capital Advisors LLC boosted its holdings in SAP by 121.0% in the 3rd quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock worth $29,000 after buying an additional 121 shares during the period. HHM Wealth Advisors LLC raised its holdings in SAP by 126.8% during the 4th quarter. HHM Wealth Advisors LLC now owns 322 shares of the software maker’s stock valued at $50,000 after acquiring an additional 180 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of SAP by 84.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 338 shares of the software maker’s stock worth $52,000 after acquiring an additional 155 shares during the period.

SAP Trading Up 1.6 %

Shares of SAP traded up $2.83 during trading hours on Friday, hitting $183.47. The company had a trading volume of 377,178 shares, compared to its average volume of 769,735. SAP SE has a 52-week low of $126.75 and a 52-week high of $199.29. The stock’s 50 day moving average price is $188.25 and its 200 day moving average price is $167.22. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.18.

SAP Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 17th will be paid a $2.3852 dividend. This represents a dividend yield of 0.9%. This is an increase from SAP’s previous annual dividend of $2.19. The ex-dividend date of this dividend is Thursday, May 16th. SAP’s payout ratio is presently 34.92%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. StockNews.com cut SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. BMO Capital Markets increased their price objective on SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday, April 26th. KeyCorp initiated coverage on SAP in a research note on Thursday, March 21st. They issued an “overweight” rating on the stock. Barclays decreased their price objective on shares of SAP from $212.00 to $210.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. Finally, JMP Securities increased their price target on shares of SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $206.20.

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.