Foster Group Inc. Purchases 45 Shares of SAP SE (NYSE:SAP)

Foster Group Inc. lifted its holdings in SAP SE (NYSE:SAP) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,089 shares of the software maker’s stock after acquiring an additional 45 shares during the period. Foster Group Inc.’s holdings in SAP were worth $268,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Godsey & Gibb Inc. acquired a new position in shares of SAP during the third quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new stake in SAP in the 4th quarter valued at about $27,000. Albion Financial Group UT boosted its holdings in SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after acquiring an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new stake in SAP in the third quarter valued at approximately $42,000. Finally, Financial Management Professionals Inc. increased its holdings in shares of SAP by 104.0% during the fourth quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after acquiring an additional 103 shares in the last quarter.

SAP Stock Performance

SAP stock opened at $273.49 on Wednesday. SAP SE has a fifty-two week low of $173.05 and a fifty-two week high of $277.36. The stock’s 50 day simple moving average is $250.48 and its two-hundred day simple moving average is $231.22. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $335.99 billion, a price-to-earnings ratio of 109.40, a PEG ratio of 3.89 and a beta of 1.22.

SAP (NYSE:SAP) last released its 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 return on equity of 11.44% and a net margin of 8.15%. As a group, analysts expect that SAP SE will post 4.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

SAP has been the topic of a number of analyst reports. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. TD Cowen raised SAP from a “hold” rating to a “buy” rating and increased their price objective for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. BMO Capital Markets lifted their target price on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Barclays increased their price target on SAP from $275.00 to $283.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, JMP Securities lifted their price objective on shares of SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP has a consensus rating of “Buy” and a consensus target price of $276.00.

About SAP

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.