900 Shares in SAP SE (NYSE:SAP) Purchased by American Institute for Advanced Investment Management LLP

American Institute for Advanced Investment Management LLP acquired a new stake in shares of SAP SE (NYSE:SAP) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 900 shares of the software maker’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SAP. Raymond James & Associates lifted its stake in shares of SAP by 3.7% in the 2nd quarter. Raymond James & Associates now owns 631,961 shares of the software maker’s stock valued at $127,473,000 after purchasing an additional 22,438 shares during the period. Westfield Capital Management Co. LP bought a new position in SAP in the first quarter worth $58,936,000. NewEdge Advisors LLC lifted its position in SAP by 8.6% during the second quarter. NewEdge Advisors LLC now owns 197,976 shares of the software maker’s stock valued at $39,934,000 after buying an additional 15,604 shares during the period. International Assets Investment Management LLC bought a new stake in shares of SAP during the 3rd quarter valued at $40,573,000. Finally, Sei Investments Co. grew its position in shares of SAP by 4.2% in the 2nd quarter. Sei Investments Co. now owns 168,264 shares of the software maker’s stock worth $33,941,000 after buying an additional 6,785 shares during the period.

SAP Stock Performance

Shares of NYSE:SAP traded up $2.14 during midday trading on Thursday, reaching $236.73. 455,970 shares of the company’s stock traded hands, compared to its average volume of 792,111. SAP SE has a one year low of $130.63 and a one year high of $238.03. The stock has a 50 day moving average of $222.71 and a 200 day moving average of $204.27. The company has a market cap of $290.82 billion, a price-to-earnings ratio of 95.20, a P/E/G ratio of 4.42 and a beta of 1.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.12 and a current ratio of 1.12.

SAP (NYSE:SAP) last posted its earnings results on Monday, October 21st. The software maker reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.08). SAP had a net margin of 8.15% and a return on equity of 11.39%. The company had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same quarter in the prior year, the company posted $1.20 EPS. SAP’s revenue was up 9.4% on a year-over-year basis. As a group, equities research analysts anticipate that SAP SE will post 4.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SAP. TD Cowen lifted their price target on shares of SAP from $234.00 to $240.00 and gave the company a “hold” rating in a research report on Tuesday. Barclays boosted their price target on SAP from $252.00 to $275.00 and gave the stock an “overweight” rating in a research report on Wednesday. BMO Capital Markets lifted their price objective on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research note on Tuesday. JMP Securities boosted their target price on SAP from $245.00 to $300.00 and gave the stock a “market outperform” rating in a report on Tuesday. Finally, Argus upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $252.33.

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.