Syon Capital LLC Acquires 967 Shares of SAP SE (NYSE:SAP)

Syon Capital LLC increased its position in SAP SE (NYSE:SAP) by 31.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,996 shares of the software maker’s stock after buying an additional 967 shares during the period. Syon Capital LLC’s holdings in SAP were worth $618,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. CWM LLC boosted its stake in shares of SAP by 11.1% in the 3rd quarter. CWM LLC now owns 1,855 shares of the software maker’s stock worth $240,000 after buying an additional 186 shares during the last quarter. AE Wealth Management LLC boosted its position in SAP by 19.7% during the third quarter. AE Wealth Management LLC now owns 6,307 shares of the software maker’s stock valued at $816,000 after buying an additional 1,037 shares during the period. IFP Advisors Inc raised its stake in shares of SAP by 98.4% during the third quarter. IFP Advisors Inc now owns 1,117 shares of the software maker’s stock valued at $144,000 after acquiring an additional 554 shares during the last quarter. Impact Partnership Wealth LLC raised its stake in shares of SAP by 376.1% during the third quarter. Impact Partnership Wealth LLC now owns 319 shares of the software maker’s stock valued at $41,000 after acquiring an additional 252 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in SAP by 132.1% in the third quarter. UMB Bank n.a. now owns 2,521 shares of the software maker’s stock worth $326,000 after buying an additional 1,435 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SAP shares. StockNews.com downgraded shares of SAP from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 18th. KeyCorp assumed coverage on shares of SAP in a research note on Thursday, March 21st. They issued an “overweight” rating for the company. JMP Securities raised their target price on shares of SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a research note on Tuesday. BMO Capital Markets raised their target price on shares of SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a research note on Friday. Finally, Jefferies Financial Group raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, SAP currently has an average rating of “Moderate Buy” and a consensus price target of $206.20.

SAP Stock Performance

Shares of NYSE:SAP traded up $1.09 during trading on Friday, reaching $186.18. 920,644 shares of the stock traded hands, compared to its average volume of 780,439. The stock has a 50-day moving average of $187.77 and a two-hundred day moving average of $165.42. SAP SE has a 52-week low of $126.75 and a 52-week high of $199.29. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.18.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 23rd. The software maker reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.17). SAP had a return on equity of 9.81% and a net margin of 15.76%. The company had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.98 billion. Equities research analysts forecast that SAP SE will post 4.69 EPS for the current fiscal year.

SAP Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Friday, May 17th will be paid a dividend of $2.3852 per share. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, May 16th. This is a boost from SAP’s previous annual dividend of $2.19. SAP’s dividend payout ratio (DPR) is currently 34.92%.

SAP Company Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.