829 Shares in SAP SE (NYSE:SAP) Purchased by Catalina Capital Group LLC

Catalina Capital Group LLC purchased a new position in SAP SE (NYSE:SAP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 829 shares of the software maker’s stock, valued at approximately $204,000.

Other hedge funds also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new position in SAP during the 3rd quarter valued at about $25,000. Union Bancaire Privee UBP SA bought a new position in SAP during the 4th quarter valued at about $27,000. Albion Financial Group UT lifted its stake in SAP by 122.4% during the 4th 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 bought a new position in SAP during the 3rd quarter valued at about $42,000. Finally, Prospera Private Wealth LLC bought a new position in SAP during the 3rd quarter valued at about $47,000.

SAP Trading Up 2.0 %

SAP stock opened at $278.07 on Wednesday. The firm has a 50 day moving average of $254.57 and a 200 day moving average of $233.81. The firm has a market capitalization of $341.61 billion, a price-to-earnings ratio of 96.89, a P/E/G ratio of 4.53 and a beta of 1.23. SAP SE has a 12-month low of $173.09 and a 12-month high of $280.53. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16.

SAP (NYSE:SAP) last announced its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. As a group, research analysts predict that SAP SE will post 6.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

SAP has been the subject of several research reports. JMP Securities upped their price target on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and upped their price target for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price target on shares of SAP in a research report on Thursday, January 30th. BMO Capital Markets upped their price target on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Finally, Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Ten analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $248.83.

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.