Seeds Investor LLC Has $574,000 Stock Holdings in SAP SE (NYSE:SAP)

Seeds Investor LLC grew its position in shares of SAP SE (NYSE:SAP) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,331 shares of the software maker’s stock after acquiring an additional 189 shares during the quarter. Seeds Investor LLC’s holdings in SAP were worth $574,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in SAP by 30.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,400 shares of the software maker’s stock valued at $3,299,000 after purchasing an additional 3,400 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of SAP in the 3rd quarter valued at about $162,000. Anchor Investment Management LLC increased its position in shares of SAP by 448.0% in the third quarter. Anchor Investment Management LLC now owns 274 shares of the software maker’s stock valued at $63,000 after acquiring an additional 224 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in SAP by 20.7% during the third quarter. Sanctuary Advisors LLC now owns 60,668 shares of the software maker’s stock worth $14,333,000 after acquiring an additional 10,391 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new position in SAP during the third quarter valued at approximately $227,000.

Analysts Set New Price Targets

SAP has been the subject of several analyst reports. Barclays raised their target price on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 target price on shares of SAP in a research note on Thursday, January 30th. JMP Securities boosted their price target on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. Finally, TD Cowen raised SAP from a “hold” rating to a “buy” rating and raised their price objective for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, SAP presently has a consensus rating of “Buy” and a consensus price target of $248.83.

SAP Stock Performance

SAP opened at $259.05 on Friday. 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 $318.25 billion, a PE ratio of 90.26, a price-to-earnings-growth ratio of 4.71 and a beta of 1.28. The business has a fifty day simple moving average of $272.86 and a 200 day simple moving average of $254.21. SAP SE has a 1 year low of $175.08 and a 1 year high of $293.70.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 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 expect that SAP SE will post 6.55 EPS for the current 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 given a dividend of $2.5423 per share. The ex-dividend date is Tuesday, May 13th. This represents a yield of 0.8%. This is an increase from SAP’s previous annual dividend of $2.39. SAP’s dividend payout ratio is currently 64.11%.

SAP Company 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.