Y Intercept Hong Kong Ltd Has $820,000 Stock Position in SAP SE (NYSE:SAP)

Y Intercept Hong Kong Ltd trimmed its position in SAP SE (NYSE:SAP) by 46.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,329 shares of the software maker’s stock after selling 2,904 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in SAP were worth $820,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Centricity Wealth Management LLC acquired a new stake in shares of SAP during the fourth quarter worth approximately $25,000. Union Bancaire Privee UBP SA acquired a new stake in shares of SAP during the fourth quarter worth approximately $27,000. Albion Financial Group UT boosted its holdings 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 worth $32,000 after purchasing an additional 71 shares during the period. Brooklyn Investment Group acquired a new stake in shares of SAP during the third quarter worth approximately $42,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of SAP during the third quarter worth approximately $47,000.

Analyst Ratings Changes

Several research firms recently commented on SAP. JMP Securities raised their price target on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 29th. Barclays raised their price target on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating 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. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price objective on shares of SAP in a research report on Thursday, January 30th. Finally, BMO Capital Markets raised their price objective on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, SAP presently has an average rating of “Buy” and a consensus target price of $248.83.

SAP Trading Down 4.0 %

NYSE:SAP opened at $274.41 on Friday. SAP SE has a 12 month low of $175.08 and a 12 month high of $293.70. The firm has a market cap of $337.12 billion, a price-to-earnings ratio of 95.61, a P/E/G ratio of 4.71 and a beta of 1.23. 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 company’s 50 day moving average is $268.63 and its 200-day moving average is $243.35.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. Equities analysts anticipate that SAP SE will post 6.55 EPS for the current 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.