Cambiar Investors LLC Has $16.52 Million Stock Holdings in SAP SE (NYSE:SAP)

Cambiar Investors LLC lowered its position in shares of SAP SE (NYSE:SAP) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,083 shares of the software maker’s stock after selling 6,829 shares during the quarter. Cambiar Investors LLC’s holdings in SAP were worth $16,517,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in SAP during the 3rd quarter worth approximately $25,000. Union Bancaire Privee UBP SA acquired a new position in SAP during the 4th quarter worth approximately $27,000. Albion Financial Group UT boosted its position in SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after acquiring an additional 71 shares during the last quarter. Brooklyn Investment Group acquired a new position in SAP during the 3rd quarter worth approximately $42,000. Finally, Financial Management Professionals Inc. boosted its position in SAP by 104.0% during the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock worth $50,000 after acquiring an additional 103 shares during the last quarter.

SAP Stock Up 0.4 %

SAP opened at $280.76 on Tuesday. SAP SE has a 1-year low of $173.09 and a 1-year high of $283.90. The stock’s fifty day simple moving average is $258.32 and its 200 day simple moving average is $235.94. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The stock has a market cap of $344.92 billion, a PE ratio of 97.83, a price-to-earnings-growth ratio of 4.63 and a beta of 1.23.

SAP (NYSE:SAP) last posted its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share 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, research analysts expect that SAP SE will post 6.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SAP. JMP Securities upped their price objective on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 29th. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and upped their price objective for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Barclays upped their price objective on SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Finally, BMO Capital Markets upped their price objective on SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 29th. Ten analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus 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.