YHB Investment Advisors Inc. Sells 155 Shares of SAP SE (NYSE:SAP)

YHB Investment Advisors Inc. lowered its stake in shares of SAP SE (NYSE:SAP) by 4.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,760 shares of the software maker’s stock after selling 155 shares during the period. YHB Investment Advisors Inc.’s holdings in SAP were worth $926,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its position in SAP by 22.3% during the third quarter. FMR LLC now owns 10,246,279 shares of the software maker’s stock valued at $2,347,422,000 after purchasing an additional 1,866,468 shares during the period. International Assets Investment Management LLC bought a new position in shares of SAP during the 3rd quarter valued at $40,573,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of SAP by 644.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 164,330 shares of the software maker’s stock worth $37,648,000 after buying an additional 142,270 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of SAP in the third quarter worth $17,376,000. Finally, Sanctuary Advisors LLC purchased a new stake in SAP during the second quarter valued at $9,361,000.

SAP Stock Down 0.8 %

Shares of SAP stock opened at $273.49 on Wednesday. The company has a market capitalization of $335.99 billion, a price-to-earnings ratio of 109.40, 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. The company’s fifty day moving average price is $250.48 and its 200-day moving average price is $231.22. SAP SE has a one year low of $173.05 and a one year high of $277.36.

SAP (NYSE:SAP) last posted its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a net margin of 8.15% and a return on equity of 11.44%. Sell-side analysts expect that SAP SE will post 4.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SAP. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. BMO Capital Markets boosted their target price on shares of SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. JMP Securities increased their price target on shares of SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 22nd. Barclays lifted their price target on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Finally, TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and upped their price objective for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP has an average rating of “Buy” and a consensus price target of $276.00.

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.