Shilanski & Associates Inc. Has $285,000 Position in SAP SE (NYSE:SAP)

Shilanski & Associates Inc. lessened its holdings in SAP SE (NYSE:SAP) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,157 shares of the software maker’s stock after selling 97 shares during the period. Shilanski & Associates Inc.’s holdings in SAP were worth $285,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SAP. Godsey & Gibb Inc. bought a new position in shares of SAP during the 3rd quarter worth approximately $25,000. Albion Financial Group UT lifted its holdings in shares of SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after acquiring an additional 71 shares during the period. Brooklyn Investment Group acquired a new stake in shares of SAP in the 3rd quarter valued at $42,000. Financial Management Professionals Inc. grew its holdings in shares of SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock worth $50,000 after purchasing an additional 103 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in shares of SAP during the 3rd quarter worth about $47,000.

Wall Street Analyst Weigh In

A number of equities analysts have commented on SAP shares. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Barclays boosted their target price on SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a report on Thursday. TD Cowen raised SAP from a “hold” rating to a “buy” rating and raised their price target for the company from $240.00 to $305.00 in a report on Friday, January 17th. BMO Capital Markets boosted their price objective on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. Finally, JMP Securities lifted their price target on SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a report on Tuesday, October 22nd. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $264.50.

SAP Trading Up 0.8 %

Shares of SAP opened at $275.30 on Friday. The stock’s fifty day simple moving average is $247.76 and its 200-day simple moving average is $229.46. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $338.20 billion, a PE ratio of 110.12, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22. SAP SE has a 12-month low of $172.32 and a 12-month high of $275.38.

SAP (NYSE:SAP) last released its earnings results on Monday, October 21st. The software maker reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.08). The business had revenue of $8.47 billion for the quarter, compared to analyst estimates of $9.25 billion. SAP had a net margin of 8.15% and a return on equity of 11.44%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.20 earnings per share. As a group, research analysts predict that SAP SE will post 4.64 earnings per share for the current year.

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.