Cambiar Investors LLC Has $16.52 Million Stock Position in SAP SE (NYSE:SAP)

Cambiar Investors LLC reduced its stake in shares of SAP SE (NYSE:SAP) by 9.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,083 shares of the software maker’s stock after selling 6,829 shares during the quarter. Cambiar Investors LLC’s holdings in SAP were worth $16,517,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SAP. Godsey & Gibb Inc. acquired a new stake in shares of SAP during the 3rd quarter worth $25,000. Union Bancaire Privee UBP SA acquired a new stake in shares of SAP during the 4th quarter worth $27,000. Albion Financial Group UT boosted its stake in SAP by 122.4% in the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after buying an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new stake in SAP in the third quarter valued at about $42,000. Finally, Prospera Private Wealth LLC acquired a new stake in SAP in the third quarter valued at about $47,000.

Wall Street Analyst Weigh In

SAP has been the topic of several research analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. TD Cowen raised SAP from a “hold” rating to a “buy” rating and lifted their price target for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Barclays lifted their price target on SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Finally, JMP Securities raised their price objective on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $248.83.

SAP Trading Up 0.4 %

Shares of SAP stock opened at $280.76 on Tuesday. The company has a market cap of $344.92 billion, a P/E ratio of 97.83, a PEG ratio of 4.63 and a beta of 1.23. The stock has a 50 day simple moving average of $258.32 and a two-hundred day simple moving average of $235.94. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a fifty-two week low of $173.09 and a fifty-two week high of $283.90.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. Research analysts forecast that SAP SE will post 6.55 earnings per share for the current year.

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.