Brandes Investment Partners LP Has $55.74 Million Holdings in SAP SE $SAP

Brandes Investment Partners LP increased its stake in SAP SE (NYSE:SAP) by 70.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 229,454 shares of the software maker’s stock after purchasing an additional 94,697 shares during the quarter. Brandes Investment Partners LP’s holdings in SAP were worth $55,741,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SAP. Windacre Partnership LLC boosted its holdings in shares of SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after buying an additional 1,336,325 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after buying an additional 973,779 shares during the last quarter. Sustainable Growth Advisers LP boosted its holdings in shares of SAP by 1,126.3% in the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock valued at $225,102,000 after buying an additional 773,720 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of SAP by 1,582.7% in the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock valued at $198,529,000 after buying an additional 768,725 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in SAP by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 14,549,331 shares of the software maker’s stock valued at $3,887,727,000 after acquiring an additional 392,010 shares during the period.

SAP Stock Down 1.6%

SAP stock opened at $178.97 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $219.87 billion, a price-to-earnings ratio of 24.19, a PEG ratio of 2.03 and a beta of 1.12. The business’s fifty day moving average price is $174.21 and its two-hundred day moving average price is $203.78. SAP SE has a fifty-two week low of $158.58 and a fifty-two week high of $313.28.

SAP (NYSE:SAP) last posted its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. The firm had revenue of $11.06 billion for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%. On average, equities analysts anticipate that SAP SE will post 8.39 earnings per share for the current year.

SAP Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were given a dividend of $2.9291 per share. This represents a yield of 170.0%. The ex-dividend date was Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. SAP’s dividend payout ratio (DPR) is 28.92%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SAP. TD Cowen restated a “buy” rating on shares of SAP in a research note on Thursday, May 14th. Weiss Ratings cut SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 16th. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. HSBC upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, April 22nd. Finally, Barclays increased their price target on SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $288.00.

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.