SAP SE (NYSE:SAP) Shares Sold by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. trimmed its position in SAP SE (NYSE:SAP) by 26.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 358 shares of the software maker’s stock after selling 132 shares during the period. Atlas Capital Advisors Inc.’s holdings in SAP were worth $88,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SAP. Oppenheimer & Co. Inc. grew its stake in shares of SAP by 4.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 955 shares of the software maker’s stock valued at $235,000 after buying an additional 38 shares during the period. Lindbrook Capital LLC lifted its holdings in SAP by 2.0% in the fourth quarter. Lindbrook Capital LLC now owns 2,186 shares of the software maker’s stock valued at $538,000 after acquiring an additional 43 shares during the last quarter. Foster Group Inc. grew its position in SAP by 4.3% in the fourth quarter. Foster Group Inc. now owns 1,089 shares of the software maker’s stock worth $268,000 after acquiring an additional 45 shares during the period. Wedmont Private Capital increased its stake in SAP by 2.4% during the fourth quarter. Wedmont Private Capital now owns 1,927 shares of the software maker’s stock worth $485,000 after acquiring an additional 46 shares during the last quarter. Finally, Addison Advisors LLC raised its position in SAP by 3.0% in the fourth quarter. Addison Advisors LLC now owns 1,586 shares of the software maker’s stock valued at $390,000 after purchasing an additional 46 shares during the period.

Analyst Upgrades and Downgrades

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

SAP Stock Performance

Shares of SAP stock opened at $249.38 on Friday. SAP SE has a 52 week low of $175.08 and a 52 week high of $293.70. The firm has a 50 day moving average of $276.41 and a two-hundred day moving average of $253.26. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $306.37 billion, a PE ratio of 86.89, a P/E/G ratio of 4.71 and a beta of 1.28.

SAP (NYSE:SAP) last released its earnings results 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 12.18% and a net margin of 9.17%. On average, research analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

SAP 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.