SAP SE (SAP) Stake Lessened by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD trimmed its position in shares of SAP SE (NYSE:SAP) by 9.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 362,866 shares of the software maker’s stock after selling 37,000 shares during the quarter. Mondrian Investment Partners LTD’s holdings in SAP were worth $40,216,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SAP. Wells Fargo & Company MN increased its stake in shares of SAP by 27.9% during the first quarter. Wells Fargo & Company MN now owns 1,218,224 shares of the software maker’s stock worth $128,109,000 after acquiring an additional 265,462 shares during the period. JPMorgan Chase & Co. grew its position in SAP by 244.7% during the first quarter. JPMorgan Chase & Co. now owns 340,357 shares of the software maker’s stock worth $35,792,000 after buying an additional 241,605 shares during the period. Sustainable Growth Advisers LP grew its position in SAP by 6.0% during the first quarter. Sustainable Growth Advisers LP now owns 3,099,490 shares of the software maker’s stock worth $325,943,000 after buying an additional 176,456 shares during the period. WINTON GROUP Ltd acquired a new position in SAP during the fourth quarter worth about $15,504,000. Finally, First Trust Advisors LP grew its position in SAP by 21.3% during the fourth quarter. First Trust Advisors LP now owns 595,675 shares of the software maker’s stock worth $66,930,000 after buying an additional 104,479 shares during the period. Institutional investors and hedge funds own 10.75% of the company’s stock.

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Several research analysts have weighed in on the stock. ValuEngine lowered shares of SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, May 22nd. Barclays upped their target price on shares of SAP from $132.00 to $134.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 25th. Royal Bank of Canada restated a “neutral” rating and set a target price on shares of SAP in a research report on Tuesday, April 24th. BMO Capital Markets restated a “hold” rating and set a $116.00 target price on shares of SAP in a research report on Wednesday, January 31st. Finally, Stifel Nicolaus restated a “sell” rating and set a $74.00 target price (down from $80.00) on shares of SAP in a research report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $110.80.

SAP stock opened at $114.03 on Friday. The company has a market capitalization of $140.09 billion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 3.45 and a beta of 1.12. SAP SE has a 12 month low of $99.20 and a 12 month high of $116.90. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.25.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, April 24th. The software maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.57 by $0.25. The business had revenue of $5.26 billion for the quarter, compared to analyst estimates of $5.30 billion. SAP had a net margin of 18.00% and a return on equity of 18.33%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 earnings per share. equities analysts anticipate that SAP SE will post 4.59 EPS for the current fiscal year.

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 29th. Stockholders of record on Monday, May 21st will be given a $1.7271 dividend. The ex-dividend date is Friday, May 18th. This is a positive change from SAP’s previous annual dividend of $1.33. This represents a dividend yield of 1.6%. SAP’s dividend payout ratio is currently 27.74%.

SAP Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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