Capital One National Association acquired a new position in shares of SAP SE (NYSE:SAP) during the second quarter, Holdings Channel reports. The institutional investor acquired 2,895 shares of the software maker’s stock, valued at approximately $303,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SAP. Morgan Stanley increased its position in shares of SAP SE by 101.2% in the first quarter. Morgan Stanley now owns 1,659,689 shares of the software maker’s stock worth $162,933,000 after buying an additional 834,600 shares during the last quarter. Bank of America Corp DE increased its position in shares of SAP SE by 37.3% in the first quarter. Bank of America Corp DE now owns 2,565,236 shares of the software maker’s stock worth $251,830,000 after buying an additional 696,447 shares during the last quarter. Harding Loevner LP increased its position in shares of SAP SE by 7.0% in the first quarter. Harding Loevner LP now owns 5,531,732 shares of the software maker’s stock worth $543,050,000 after buying an additional 362,267 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of SAP SE by 42.9% in the first quarter. Russell Investments Group Ltd. now owns 943,717 shares of the software maker’s stock worth $92,649,000 after buying an additional 283,230 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in shares of SAP SE during the first quarter worth about $25,030,000. 3.73% of the stock is currently owned by institutional investors and hedge funds.

SAP SE (NYSE:SAP) opened at 104.88 on Monday. SAP SE has a 52 week low of $78.56 and a 52 week high of $108.72. The company has a market cap of $125.75 billion, a PE ratio of 30.67 and a beta of 1.12. The company has a 50-day moving average of $105.89 and a 200-day moving average of $96.74.

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SAP has been the topic of a number of research analyst reports. Jefferies Group LLC reissued a “neutral” rating on shares of SAP SE in a research report on Tuesday, March 21st. Stifel Nicolaus downgraded shares of SAP SE from a “hold” rating to a “sell” rating and set a $102.13 price objective on the stock. in a research report on Wednesday, April 26th. William Blair reduced their price objective on shares of SAP SE from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Monday, April 17th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of SAP SE in a research report on Monday, June 26th. Finally, DZ Bank AG reissued a “buy” rating on shares of SAP SE in a research report on Wednesday, June 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $93.19.

About SAP SE

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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Institutional Ownership by Quarter for SAP SE (NYSE:SAP)

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