Marathon Trading Investment Management LLC acquired a new position in shares of SAP SE (NYSE:SAP – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,000 shares of the software maker’s stock, valued at approximately $972,000.
A number of other institutional investors have also recently made changes to their positions in the stock. Focus Partners Wealth grew its position in shares of SAP by 32.2% in the 4th quarter. Focus Partners Wealth now owns 43,119 shares of the software maker’s stock valued at $10,477,000 after buying an additional 10,508 shares during the last quarter. Brown Advisory Inc. grew its position in shares of SAP by 12.0% in the 4th quarter. Brown Advisory Inc. now owns 5,361 shares of the software maker’s stock valued at $1,302,000 after buying an additional 575 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of SAP in the 4th quarter valued at about $1,509,000. Atlas Capital Advisors Inc. bought a new stake in shares of SAP in the 4th quarter valued at about $112,000. Finally, Aptus Capital Advisors LLC grew its position in shares of SAP by 1.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 9,097 shares of the software maker’s stock valued at $2,210,000 after buying an additional 89 shares during the last quarter.
SAP Stock Up 0.1%
Shares of SAP stock opened at $164.33 on Monday. SAP SE has a one year low of $158.58 and a one year high of $313.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s 50-day moving average is $173.97 and its 200 day moving average is $202.30. The firm has a market cap of $201.87 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 1.84 and a beta of 1.12.
SAP Increases Dividend
The firm also recently announced an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were given a dividend of $2.9291 per share. This represents a dividend yield of 170.0%. The ex-dividend date was Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio is currently 28.92%.
Analyst Ratings Changes
A number of equities research analysts have commented on SAP shares. Weiss Ratings lowered SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Zacks Research lowered SAP from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. TD Cowen reiterated a “buy” rating on shares of SAP in a research report on Thursday, May 14th. Piper Sandler lowered SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $283.40.
About SAP
SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.
SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.
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