Moody Lynn & Lieberson LLC Acquires 6,483 Shares of SAP SE (NYSE:SAP)

Moody Lynn & Lieberson LLC raised its holdings in shares of SAP SE (NYSE:SAP) by 50.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,368 shares of the software maker’s stock after purchasing an additional 6,483 shares during the period. Moody Lynn & Lieberson LLC’s holdings in SAP were worth $4,769,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. bought a new position in SAP during the 3rd quarter valued at approximately $25,000. Albion Financial Group UT grew its stake in shares of 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 during the last quarter. Brooklyn Investment Group bought a new position in shares of SAP during the third quarter valued at $42,000. Financial Management Professionals Inc. raised its position in shares of SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock worth $50,000 after purchasing an additional 103 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new position in SAP in the 3rd quarter worth about $47,000.

Analyst Ratings Changes

SAP has been the subject of a number of analyst reports. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. JMP Securities boosted 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. BMO Capital Markets lifted their target price on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Barclays upped their price target on SAP from $275.00 to $283.00 and gave the company an “overweight” rating in a report on Thursday. Finally, TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Eleven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $264.50.

SAP Stock Performance

Shares of SAP opened at $276.41 on Friday. The firm has a market capitalization of $339.56 billion, a P/E ratio of 110.56, a PEG ratio of 3.89 and a beta of 1.22. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. SAP SE has a one year low of $172.32 and a one year high of $277.36. The business has a fifty day moving average of $249.60 and a 200 day moving average of $230.29.

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.