SAP SE (NYSE:SAP) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of SAP SE (NYSE:SAP) by 39.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 407,974 shares of the software maker’s stock after purchasing an additional 116,119 shares during the period. Natixis Advisors LLC’s holdings in SAP were worth $100,447,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SAP. Centricity Wealth Management LLC purchased a new stake in SAP in the 4th quarter worth approximately $25,000. Union Bancaire Privee UBP SA purchased a new stake in SAP in the 4th quarter worth approximately $27,000. Rakuten Securities Inc. grew its stake in SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock worth $28,000 after acquiring an additional 108 shares during the period. Albion Financial Group UT grew its stake in SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after acquiring an additional 71 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in SAP in the 3rd quarter worth approximately $42,000.

SAP Stock Up 3.5 %

Shares of SAP stock opened at $264.05 on Friday. The company has a fifty day moving average price of $273.62 and a 200 day moving average price of $247.83. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70. The stock has a market cap of $324.38 billion, a price-to-earnings ratio of 92.00, a price-to-earnings-growth ratio of 4.71 and a beta of 1.25.

SAP (NYSE:SAP) last announced its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. Equities research analysts forecast that SAP SE will post 6.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. JMP Securities lifted their target price on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 29th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and boosted their price objective for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Barclays boosted their price objective on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $248.83.

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.