S.A. Mason LLC Invests $560,000 in SAP SE (NYSE:SAP)

S.A. Mason LLC bought a new stake in SAP SE (NYSE:SAP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,274 shares of the software maker’s stock, valued at approximately $560,000.

Several other hedge funds have also added to or reduced their stakes in the business. FMR LLC boosted its holdings in SAP by 22.3% in the third quarter. FMR LLC now owns 10,246,279 shares of the software maker’s stock valued at $2,347,422,000 after acquiring an additional 1,866,468 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of SAP by 0.8% during the third quarter. Principal Financial Group Inc. now owns 611,572 shares of the software maker’s stock worth $140,111,000 after buying an additional 4,775 shares during the period. JPMorgan Chase & Co. raised its position in shares of SAP by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock worth $125,654,000 after acquiring an additional 7,667 shares in the last quarter. Stifel Financial Corp lifted its stake in SAP by 12.5% in the third quarter. Stifel Financial Corp now owns 210,804 shares of the software maker’s stock valued at $48,295,000 after buying an additional 23,352 shares during the period. Finally, International Assets Investment Management LLC bought a new position in SAP during the third quarter worth $40,573,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SAP. BMO Capital Markets upped their price target on SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 29th. Barclays boosted their price target on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research note on Thursday. TD Cowen upgraded shares of SAP from a “hold” rating to a “buy” rating and lifted their price objective for the company from $240.00 to $305.00 in a report on Friday, January 17th. JMP Securities upped their target price on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 29th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $38.00 price objective on shares of SAP in a report on Thursday. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, SAP currently has an average rating of “Buy” and an average price target of $248.83.

SAP Stock Down 1.1 %

SAP stock opened at $276.42 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $339.58 billion, a P/E ratio of 96.31, a P/E/G ratio of 4.53 and a beta of 1.23. The firm has a 50 day moving average price of $253.80 and a 200-day moving average price of $233.05. SAP SE has a twelve month low of $173.05 and a twelve month high of $280.53.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (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%. As a group, equities analysts predict that SAP SE will post 6.53 EPS for the current 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.