Northern Financial Advisors Inc Acquires 91 Shares of SAP SE (NYSE:SAP)

Northern Financial Advisors Inc grew its holdings in shares of SAP SE (NYSE:SAP) by 1.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,940 shares of the software maker’s stock after purchasing an additional 91 shares during the quarter. Northern Financial Advisors Inc’s holdings in SAP were worth $918,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Column Capital Advisors LLC boosted its stake in SAP by 121.0% during the third quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock worth $29,000 after acquiring an additional 121 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of SAP in the 4th quarter valued at about $31,000. Larson Financial Group LLC bought a new stake in SAP in the 4th quarter valued at about $33,000. HHM Wealth Advisors LLC raised its stake in SAP by 126.8% during the 4th quarter. HHM Wealth Advisors LLC now owns 322 shares of the software maker’s stock worth $50,000 after buying an additional 180 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in SAP by 84.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 338 shares of the software maker’s stock worth $52,000 after acquiring an additional 155 shares in the last quarter.

SAP Price Performance

SAP stock traded up $2.62 during mid-day trading on Wednesday, reaching $190.16. 508,188 shares of the company’s stock were exchanged, compared to its average volume of 759,220. SAP SE has a one year low of $126.75 and a one year high of $199.29. The business’s fifty day simple moving average is $188.16 and its 200 day simple moving average is $168.89. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25.

SAP Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 17th will be paid a $2.3852 dividend. This represents a yield of 0.9%. This is a boost from SAP’s previous annual dividend of $2.19. The ex-dividend date of this dividend is Thursday, May 16th. SAP’s payout ratio is presently 34.92%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SAP. BMO Capital Markets upped their target price on SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday, April 26th. JMP Securities upped their price objective on shares of SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a report on Tuesday, April 23rd. StockNews.com downgraded shares of SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. KeyCorp assumed coverage on shares of SAP in a research report on Thursday, March 21st. They issued an “overweight” rating on the stock. Finally, The Goldman Sachs Group boosted their price objective on SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a report on Friday, January 26th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $206.20.

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.