BSW Wealth Partners Grows Stock Holdings in SAP SE (NYSE:SAP)

BSW Wealth Partners boosted its stake in shares of SAP SE (NYSE:SAP) by 12.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,261 shares of the software maker’s stock after buying an additional 143 shares during the period. BSW Wealth Partners’ holdings in SAP were worth $310,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Perigon Wealth Management LLC grew its position in SAP by 4.1% during the 4th quarter. Perigon Wealth Management LLC now owns 2,568 shares of the software maker’s stock valued at $672,000 after purchasing an additional 102 shares during the last quarter. Baldwin Wealth Partners LLC MA bought a new position in shares of SAP in the fourth quarter worth approximately $263,000. Mount Yale Investment Advisors LLC grew its holdings in shares of SAP by 208.2% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker’s stock valued at $4,030,000 after buying an additional 11,057 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of SAP during the fourth quarter valued at approximately $27,000. Finally, Blue Trust Inc. raised its holdings in SAP by 35.3% in the 4th quarter. Blue Trust Inc. now owns 7,829 shares of the software maker’s stock worth $1,794,000 after acquiring an additional 2,044 shares during the last quarter.

SAP Price Performance

Shares of SAP stock opened at $276.87 on Thursday. The stock has a market cap of $340.13 billion, a P/E ratio of 110.75, a P/E/G ratio of 3.89 and a beta of 1.22. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10. The stock’s fifty day moving average is $251.29 and its 200 day moving average is $231.70. SAP SE has a one year low of $173.05 and a one year high of $279.14.

SAP (NYSE:SAP) last posted its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 11.44% and a net margin of 8.15%. Sell-side analysts anticipate that SAP SE will post 4.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SAP has been the subject of several recent analyst reports. JMP Securities boosted their price target on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday. Barclays lifted their price target on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. BMO Capital Markets increased their price objective on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and lifted their target price for the stock from $240.00 to $305.00 in a research report on Friday, January 17th. Finally, Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP has an average rating of “Buy” and a consensus price target of $290.40.

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.