Bank of Hawaii Buys 66 Shares of SAP SE (NYSE:SAP)

Bank of Hawaii increased its stake in shares of SAP SE (NYSE:SAP) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,322 shares of the software maker’s stock after purchasing an additional 66 shares during the quarter. Bank of Hawaii’s holdings in SAP were worth $761,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LRI Investments LLC bought a new position in shares of SAP during the first quarter valued at approximately $25,000. Godsey & Gibb Inc. bought a new position in SAP in the 3rd quarter valued at $25,000. POM Investment Strategies LLC lifted its position in shares of SAP by 892.3% during the second quarter. POM Investment Strategies LLC now owns 129 shares of the software maker’s stock worth $26,000 after purchasing an additional 116 shares during the last quarter. Crewe Advisors LLC lifted its position in shares of SAP by 1,270.0% during the second quarter. Crewe Advisors LLC now owns 137 shares of the software maker’s stock worth $28,000 after purchasing an additional 127 shares during the last quarter. Finally, Atticus Wealth Management LLC purchased a new stake in shares of SAP during the second quarter valued at $40,000.

Analysts Set New Price Targets

SAP has been the subject of a number of research analyst reports. TD Cowen lifted their price objective on shares of SAP from $234.00 to $240.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. JMP Securities lifted their price target on shares of SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 22nd. BMO Capital Markets raised their price target on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. Barclays increased their target price on shares of SAP from $252.00 to $275.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. Finally, Argus upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.33.

SAP Trading Down 1.1 %

SAP stock opened at $233.74 on Tuesday. 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 $287.15 billion, a PE ratio of 93.50, a price-to-earnings-growth ratio of 4.53 and a beta of 1.25. The stock has a 50-day moving average of $230.85 and a two-hundred day moving average of $212.68. SAP SE has a one year low of $148.38 and a one year high of $243.01.

SAP (NYSE:SAP) last released its earnings results on Monday, October 21st. The software maker reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). The company had revenue of $8.47 billion during the quarter, compared to analyst estimates of $9.25 billion. SAP had a return on equity of 11.44% and a net margin of 8.15%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the business earned $1.20 earnings per share. On average, research analysts anticipate that SAP SE will post 4.89 EPS for the current fiscal year.

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.