900 Shares in SAP SE (NYSE:SAP) Bought by American Institute for Advanced Investment Management LLP

American Institute for Advanced Investment Management LLP bought a new position in shares of SAP SE (NYSE:SAP) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 900 shares of the software maker’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. LRI Investments LLC purchased a new stake in SAP in the first quarter valued at approximately $25,000. Godsey & Gibb Inc. bought a new stake in shares of SAP during the 3rd quarter worth $25,000. POM Investment Strategies LLC grew its position in SAP by 892.3% in the second quarter. POM Investment Strategies LLC now owns 129 shares of the software maker’s stock worth $26,000 after acquiring an additional 116 shares in the last quarter. Crewe Advisors LLC increased its stake in SAP by 1,270.0% in the second quarter. Crewe Advisors LLC now owns 137 shares of the software maker’s stock valued at $28,000 after acquiring an additional 127 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of SAP in the 1st quarter worth about $29,000.

SAP Trading Up 0.9 %

Shares of SAP stock traded up $2.14 during trading on Thursday, reaching $236.73. 455,970 shares of the stock were exchanged, compared to its average volume of 792,111. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.17. The firm has a market cap of $290.82 billion, a price-to-earnings ratio of 95.20, a price-to-earnings-growth ratio of 4.42 and a beta of 1.25. SAP SE has a 1 year low of $130.63 and a 1 year high of $238.03. The stock’s fifty day moving average is $222.71 and its 200 day moving average is $204.27.

SAP (NYSE:SAP) last released its quarterly earnings data on Monday, October 21st. The software maker reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.08). SAP had a return on equity of 11.39% and a net margin of 8.15%. The business had revenue of $8.47 billion during the quarter, compared to analysts’ expectations of $9.25 billion. During the same quarter last year, the business posted $1.20 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities research analysts expect that SAP SE will post 4.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SAP shares. Barclays raised their price objective on SAP from $252.00 to $275.00 and gave the company an “overweight” rating in a report on Wednesday. Argus upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, July 31st. JMP Securities increased their target price on shares of SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a report on Tuesday. TD Cowen boosted their price target on shares of SAP from $234.00 to $240.00 and gave the stock a “hold” rating in a research note on Tuesday. Finally, BMO Capital Markets raised their price objective on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $252.33.

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.