Private Advisor Group LLC cut its stake in shares of SAP SE (NYSE:SAP) by 15.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,349 shares of the software maker’s stock after selling 435 shares during the period. Private Advisor Group LLC’s holdings in SAP were worth $234,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Fisher Asset Management LLC raised its stake in SAP by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 6,926,072 shares of the software maker’s stock valued at $689,491,000 after acquiring an additional 170,359 shares during the last quarter. FMR LLC raised its stake in shares of SAP by 9.3% during the 3rd quarter. FMR LLC now owns 2,660,926 shares of the software maker’s stock worth $327,294,000 after buying an additional 226,359 shares in the last quarter. Cambiar Investors LLC raised its stake in shares of SAP by 19.6% during the 4th quarter. Cambiar Investors LLC now owns 1,648,637 shares of the software maker’s stock worth $164,122,000 after buying an additional 270,753 shares in the last quarter. Sustainable Growth Advisers LP raised its stake in shares of SAP by 5.5% during the 4th quarter. Sustainable Growth Advisers LP now owns 1,481,317 shares of the software maker’s stock worth $147,465,000 after buying an additional 77,240 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in shares of SAP by 2.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,025,041 shares of the software maker’s stock worth $126,176,000 after buying an additional 22,293 shares in the last quarter. 4.57% of the stock is owned by hedge funds and other institutional investors.

SAP has been the subject of a number of analyst reports. Royal Bank of Canada reissued a “neutral” rating on shares of SAP in a research note on Friday, February 8th. Zacks Investment Research raised SAP from a “hold” rating to a “buy” rating and set a $116.00 target price for the company in a research note on Monday, February 4th. DZ Bank reissued a “buy” rating on shares of SAP in a research note on Tuesday, January 29th. Bank of America downgraded SAP from a “buy” rating to a “neutral” rating in a research note on Monday, February 4th. Finally, ValuEngine raised SAP from a “hold” rating to a “buy” rating in a research note on Tuesday, December 18th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $117.14.

NYSE SAP opened at $112.49 on Friday. SAP SE has a 1-year low of $94.81 and a 1-year high of $127.16. The company has a market capitalization of $138.19 billion, a P/E ratio of 24.83, a PEG ratio of 2.29 and a beta of 1.01. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.37.

SAP (NYSE:SAP) last released its quarterly earnings data on Tuesday, January 29th. The software maker reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.10). SAP had a net margin of 16.44% and a return on equity of 16.47%. The firm had revenue of $7.43 billion during the quarter, compared to analysts’ expectations of $7.22 billion. During the same period in the previous year, the business earned $1.77 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, equities research analysts expect that SAP SE will post 5.02 EPS for the current fiscal year.

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About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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