Henry James International Management Inc. boosted its position in shares of SAP SE (NYSE:SAP – Free Report) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,759 shares of the software maker’s stock after buying an additional 6,469 shares during the quarter. SAP makes up 4.8% of Henry James International Management Inc.’s holdings, making the stock its 3rd biggest position. Henry James International Management Inc.’s holdings in SAP were worth $13,236,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SAP. Centricity Wealth Management LLC acquired a new position in shares of SAP during the 4th quarter worth approximately $25,000. Union Bancaire Privee UBP SA acquired a new stake in SAP in the 4th quarter valued at $27,000. Albion Financial Group UT increased its holdings in SAP by 122.4% in 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 in the last quarter. Brooklyn Investment Group acquired a new position in SAP during the third quarter worth $42,000. Finally, Prospera Private Wealth LLC purchased a new position in SAP during the third quarter valued at $47,000.
SAP Stock Performance
Shares of SAP stock opened at $275.68 on Friday. The business’s 50 day moving average price is $269.19 and its 200 day moving average price is $243.84. The company has a market cap of $338.68 billion, a price-to-earnings ratio of 96.06, a PEG ratio of 4.71 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a one year low of $175.08 and a one year high of $293.70.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on SAP shares. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. JMP Securities boosted 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 raised their target price for the company from $240.00 to $305.00 in a research report on Friday, January 17th. BMO Capital Markets boosted their price target on SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Finally, 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. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $248.83.
Check Out Our Latest Stock Report on SAP
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.
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