SAP SE $SAP Stock Holdings Lessened by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC lowered its stake in SAP SE (NYSE:SAP) by 35.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 90,830 shares of the software maker’s stock after selling 50,322 shares during the period. SAP makes up about 2.0% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 25th largest holding. Mar Vista Investment Partners LLC’s holdings in SAP were worth $22,064,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC increased its holdings in shares of SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after buying an additional 58 shares in the last quarter. Community Bank N.A. bought a new position in shares of SAP in the third quarter valued at $32,000. GoalVest Advisory LLC bought a new position in shares of SAP in the fourth quarter valued at $35,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of SAP by 758.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock valued at $35,000 after buying an additional 129 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new position in shares of SAP in the third quarter valued at $37,000.

SAP Price Performance

Shares of NYSE:SAP opened at $165.53 on Wednesday. The company’s fifty day moving average is $173.69 and its two-hundred day moving average is $201.26. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. SAP SE has a 12-month low of $158.58 and a 12-month high of $313.28. The company has a market cap of $203.35 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 1.84 and a beta of 1.12.

SAP (NYSE:SAP) last announced its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The company had revenue of $11.06 billion for the quarter. Equities analysts expect that SAP SE will post 8.37 earnings per share for the current fiscal year.

SAP Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a dividend of $2.9291 per share. The ex-dividend date was Tuesday, May 5th. This represents a dividend yield of 170.0%. This is an increase from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio is presently 28.92%.

Analysts Set New Price Targets

SAP has been the topic of several research reports. Piper Sandler cut SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. The Goldman Sachs Group reissued a “buy” rating and set a $265.00 target price on shares of SAP in a research note on Wednesday, June 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SAP in a research note on Tuesday, March 24th. Zacks Research downgraded shares of SAP from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $283.40.

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.