Texas Yale Capital Corp. Buys 70 Shares of SAP SE (NYSE:SAP)

Texas Yale Capital Corp. increased its stake in SAP SE (NYSE:SAP) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,701 shares of the software maker’s stock after acquiring an additional 70 shares during the quarter. Texas Yale Capital Corp.’s holdings in SAP were worth $419,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Oppenheimer & Co. Inc. increased its stake in shares of SAP by 4.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker’s stock valued at $235,000 after acquiring an additional 38 shares in the last quarter. Lindbrook Capital LLC increased its stake in shares of SAP by 2.0% in the 4th quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker’s stock valued at $538,000 after acquiring an additional 43 shares in the last quarter. Foster Group Inc. increased its stake in shares of SAP by 4.3% in the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker’s stock valued at $268,000 after acquiring an additional 45 shares in the last quarter. Wedmont Private Capital increased its stake in shares of SAP by 2.4% in the 4th quarter. Wedmont Private Capital now owns 1,927 shares of the software maker’s stock valued at $485,000 after acquiring an additional 46 shares in the last quarter. Finally, Addison Advisors LLC increased its stake in shares of SAP by 3.0% in the 4th quarter. Addison Advisors LLC now owns 1,586 shares of the software maker’s stock valued at $390,000 after acquiring an additional 46 shares in the last quarter.

SAP Price Performance

SAP opened at $260.11 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The company has a market capitalization of $319.55 billion, a price-to-earnings ratio of 90.63, a P/E/G ratio of 4.71 and a beta of 1.28. The firm’s fifty day moving average price is $273.51 and its two-hundred day moving average price is $253.77. SAP SE has a 1 year low of $175.08 and a 1 year high of $293.70.

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 return on equity of 12.18% and a net margin of 9.17%. As a group, analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be issued a $2.5423 dividend. This is an increase from SAP’s previous annual dividend of $2.39. This represents a dividend yield of 0.8%. The ex-dividend date is Tuesday, May 13th. SAP’s payout ratio is 64.11%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SAP shares. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and lifted their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. BMO Capital Markets lifted their price target on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. Finally, JMP Securities lifted their price target on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $248.83.

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.