Fiduciary Alliance LLC Has $2.58 Million Stock Position in SAP SE $SAP

Fiduciary Alliance LLC lifted its stake in SAP SE (NYSE:SAP) by 85.4% during the 1st quarter, Holdings Channel reports. The firm owned 14,926 shares of the software maker’s stock after acquiring an additional 6,876 shares during the period. Fiduciary Alliance LLC’s holdings in SAP were worth $2,581,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Sound Income Strategies LLC lifted its stake in 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 during the period. Bayban acquired a new position in shares of SAP during the 4th quarter worth about $28,000. Community Bank N.A. bought a new stake in shares of SAP in the 3rd quarter valued at about $32,000. GoalVest Advisory LLC acquired a new stake in shares of SAP in the 4th quarter valued at approximately $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in shares of SAP by 758.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock valued at $35,000 after acquiring an additional 129 shares during the period.

Wall Street Analyst Weigh In

SAP has been the subject of a number of analyst reports. Barclays boosted their price objective on shares of SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. Zacks Research lowered shares of SAP from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Weiss Ratings cut shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Finally, TD Cowen reaffirmed a “buy” rating on shares of SAP in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, SAP currently has a consensus rating of “Moderate Buy” and a consensus target price of $283.40.

SAP Price Performance

NYSE SAP opened at $148.41 on Friday. The business has a 50 day simple moving average of $171.69 and a 200 day simple moving average of $196.84. SAP SE has a 52-week low of $148.06 and a 52-week high of $313.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $182.32 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.74 and a beta of 1.12.

SAP (NYSE:SAP) last announced its earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The firm had revenue of $11.06 billion for the quarter. Analysts anticipate that SAP SE will post 8.36 earnings per share for the current fiscal year.

SAP Increases Dividend

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

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.