Yousif Capital Management LLC Sells 1,250 Shares of SAP SE (NYSE:SAP)

Yousif Capital Management LLC trimmed its position in shares of SAP SE (NYSE:SAP) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,649 shares of the software maker’s stock after selling 1,250 shares during the quarter. Yousif Capital Management LLC’s holdings in SAP were worth $4,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC grew its stake in shares of SAP by 55.6% during the 2nd quarter. AQR Capital Management LLC now owns 4,423 shares of the software maker’s stock valued at $892,000 after purchasing an additional 1,580 shares during the period. Brookstone Capital Management bought a new stake in SAP during the third quarter valued at approximately $223,000. CWM LLC increased its holdings in SAP by 5.3% during the third quarter. CWM LLC now owns 3,018 shares of the software maker’s stock valued at $691,000 after buying an additional 151 shares during the last quarter. Wedmont Private Capital raised its position in SAP by 16.0% in the third quarter. Wedmont Private Capital now owns 1,881 shares of the software maker’s stock worth $410,000 after acquiring an additional 260 shares during the period. Finally, Sanibel Captiva Trust Company Inc. boosted its stake in shares of SAP by 224.4% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 6,222 shares of the software maker’s stock worth $1,425,000 after acquiring an additional 4,304 shares during the last quarter.

SAP Stock Performance

SAP opened at $279.76 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The stock has a market capitalization of $343.68 billion, a price-to-earnings ratio of 97.48, a PEG ratio of 4.53 and a beta of 1.23. The company has a fifty day moving average of $257.48 and a 200 day moving average of $235.06. SAP SE has a fifty-two week low of $173.09 and a fifty-two week high of $283.90.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. As a group, sell-side analysts forecast that SAP SE will post 6.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SAP. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. JMP Securities lifted their price objective on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $38.00 target price on shares of SAP in a report on Thursday, January 30th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and lifted their price target for the company from $240.00 to $305.00 in a report on Friday, January 17th. Finally, Barclays increased their price objective on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $248.83.

About SAP

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.