2,046 Shares in SAP SE (NYSE:SAP) Purchased by Callan Capital LLC

Callan Capital LLC bought a new position in shares of SAP SE (NYSE:SAP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,046 shares of the software maker’s stock, valued at approximately $316,000.

Several other institutional investors have also recently made changes to their positions in the business. Syon Capital LLC grew its position in shares of SAP by 31.9% during the fourth quarter. Syon Capital LLC now owns 3,996 shares of the software maker’s stock worth $618,000 after purchasing an additional 967 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in shares of SAP by 65.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 3,534 shares of the software maker’s stock worth $546,000 after purchasing an additional 1,392 shares in the last quarter. Yousif Capital Management LLC grew its holdings in SAP by 7.0% during the 4th quarter. Yousif Capital Management LLC now owns 21,711 shares of the software maker’s stock valued at $3,356,000 after buying an additional 1,420 shares in the last quarter. GAMMA Investing LLC bought a new stake in SAP in the 4th quarter worth approximately $381,000. Finally, Parkside Financial Bank & Trust raised its holdings in shares of SAP by 84.7% during the 4th 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.

Wall Street Analyst Weigh In

SAP has been the topic of several research reports. StockNews.com cut shares of SAP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Jefferies Financial Group upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. BMO Capital Markets boosted their price target on shares of SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday. JMP Securities boosted their price target on shares of SAP from $204.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Tuesday. Finally, The Goldman Sachs Group boosted their price target on shares of SAP from $185.00 to $207.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, SAP currently has an average rating of “Moderate Buy” and an average target price of $206.20.

SAP Stock Performance

SAP stock traded up $1.09 during mid-day trading on Friday, reaching $186.18. 920,644 shares of the stock traded hands, compared to its average volume of 780,442. SAP SE has a one year low of $126.75 and a one year high of $199.29. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $187.96 and a two-hundred day moving average price of $165.82.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 23rd. The software maker reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.17). The company had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.98 billion. SAP had a net margin of 15.76% and a return on equity of 9.81%. As a group, analysts forecast that SAP SE will post 4.69 earnings per share for the current fiscal year.

SAP Increases Dividend

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

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.