Moody Lynn & Lieberson LLC Raises Stake in SAP SE (NYSE:SAP)

Moody Lynn & Lieberson LLC grew its holdings in shares of SAP SE (NYSE:SAP) by 50.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,368 shares of the software maker’s stock after acquiring an additional 6,483 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in SAP were worth $4,769,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SAP. Godsey & Gibb Inc. purchased a new position in SAP in the 3rd quarter worth $25,000. Albion Financial Group UT grew its stake in shares of SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after buying an additional 71 shares during the last quarter. Brooklyn Investment Group purchased a new position in shares of SAP in the third quarter worth about $42,000. Financial Management Professionals Inc. lifted its stake in shares of SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after acquiring an additional 103 shares during the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in SAP during the 3rd quarter valued at about $47,000.

Analysts Set New Price Targets

SAP has been the topic of a number of analyst reports. TD Cowen raised SAP from a “hold” rating to a “buy” rating and lifted their price target for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Barclays raised their price target on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a report on Thursday. JMP Securities upped their price objective on shares of SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 22nd. Finally, BMO Capital Markets upped their price target on SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $264.50.

SAP Stock Performance

SAP stock opened at $276.41 on Friday. SAP SE has a fifty-two week low of $172.32 and a fifty-two week high of $277.36. The stock has a market cap of $339.56 billion, a price-to-earnings ratio of 110.56, a PEG ratio of 3.89 and a beta of 1.22. The stock’s 50 day simple moving average is $249.60 and its two-hundred day simple moving average is $230.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10.

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.