SAP SE (NYSE:SAP) Stake Raised by Henry James International Management Inc.

Henry James International Management Inc. lifted its holdings in shares of SAP SE (NYSE:SAP) by 13.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 53,759 shares of the software maker’s stock after acquiring an additional 6,469 shares during the quarter. SAP accounts for about 4.8% of Henry James International Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Henry James International Management Inc.’s holdings in SAP were worth $13,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SVB Wealth LLC acquired a new stake in SAP in the 4th quarter valued at approximately $824,000. Linscomb Wealth Inc. boosted its position in shares of SAP by 20.3% during the fourth quarter. Linscomb Wealth Inc. now owns 1,585 shares of the software maker’s stock worth $390,000 after buying an additional 267 shares during the period. QRG Capital Management Inc. raised its holdings in shares of SAP by 5.3% in the 4th quarter. QRG Capital Management Inc. now owns 94,517 shares of the software maker’s stock valued at $23,271,000 after buying an additional 4,766 shares during the period. Proficio Capital Partners LLC acquired a new position in SAP during the 4th quarter worth about $2,607,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in SAP by 4.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker’s stock valued at $235,000 after acquiring an additional 38 shares during the period.

SAP Price Performance

Shares of SAP opened at $275.68 on Friday. The firm has a market capitalization of $338.68 billion, a price-to-earnings ratio of 96.06, a PEG ratio of 4.71 and a beta of 1.23. The firm’s fifty day simple moving average is $269.19 and its 200-day simple moving average is $243.84. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP) last posted its quarterly 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 net margin of 9.17% and a return on equity of 12.18%. Equities analysts forecast that SAP SE will post 6.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SAP shares. Royal Bank of Canada reiterated an “outperform” rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Barclays lifted their price objective on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and raised their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Finally, BMO Capital Markets lifted their target price on SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $248.83.

SAP 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.