Henry James International Management Inc. Sells 1,925 Shares of SAP SE (NYSE:SAP)

Henry James International Management Inc. lowered its holdings in SAP SE (NYSE:SAP) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,290 shares of the software maker’s stock after selling 1,925 shares during the quarter. SAP comprises about 3.8% of Henry James International Management Inc.’s investment portfolio, making the stock its 8th largest position. Henry James International Management Inc.’s holdings in SAP were worth $10,834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cetera Advisors LLC boosted its stake in SAP by 113.3% in the first quarter. Cetera Advisors LLC now owns 15,069 shares of the software maker’s stock worth $2,939,000 after purchasing an additional 8,003 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of SAP by 21.1% during the first quarter. BNP Paribas Financial Markets now owns 26,359 shares of the software maker’s stock valued at $5,141,000 after acquiring an additional 4,596 shares during the period. Creative Planning lifted its stake in shares of SAP by 18.0% during the third quarter. Creative Planning now owns 95,434 shares of the software maker’s stock valued at $21,864,000 after acquiring an additional 14,546 shares during the period. China Universal Asset Management Co. Ltd. acquired a new position in shares of SAP during the third quarter valued at $3,780,000. Finally, Wealthspire Advisors LLC acquired a new position in shares of SAP during the first quarter valued at $237,000.

SAP Stock Down 0.3 %

Shares of SAP stock opened at $232.49 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market capitalization of $285.61 billion, a P/E ratio of 93.24, a price-to-earnings-growth ratio of 4.47 and a beta of 1.25. SAP SE has a 1 year low of $137.77 and a 1 year high of $243.01. The business has a 50-day moving average of $225.51 and a two-hundred day moving average of $207.05.

SAP (NYSE:SAP) last posted its quarterly earnings data on Monday, October 21st. The software maker reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). The firm had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $9.25 billion. SAP had a return on equity of 11.44% and a net margin of 8.15%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.20 earnings per share. As a group, equities analysts predict that SAP SE will post 4.9 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SAP shares. Barclays upped their price target on SAP from $252.00 to $275.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. Argus raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, July 31st. BMO Capital Markets increased their target price on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. TD Cowen increased their target price on SAP from $234.00 to $240.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Finally, JMP Securities increased their target price on SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, SAP presently has an average rating of “Moderate Buy” and an average target price of $252.33.

About SAP

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.