Lincluden Management Ltd. reduced its holdings in shares of SAP SE (NYSE:SAP) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,778 shares of the software maker’s stock after selling 2,260 shares during the period. Lincluden Management Ltd.’s holdings in SAP were worth $10,874,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SAP. Bank of Nova Scotia Trust Co. purchased a new stake in SAP during the 3rd quarter worth approximately $123,000. Icon Wealth Partners LLC purchased a new stake in SAP during the 4th quarter worth approximately $149,000. Credit Agricole S A purchased a new stake in shares of SAP in the 4th quarter valued at approximately $177,000. Avestar Capital LLC purchased a new stake in shares of SAP in the 4th quarter valued at approximately $196,000. Finally, South Texas Money Management Ltd. purchased a new stake in shares of SAP in the 4th quarter valued at approximately $200,000. 10.29% of the stock is currently owned by hedge funds and other institutional investors.

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A number of equities research analysts have commented on the stock. Evercore ISI raised shares of SAP from an “in-line” rating to an “outperform” rating in a research report on Monday, March 12th. Royal Bank of Canada reissued a “neutral” rating on shares of SAP in a research report on Tuesday, March 6th. Citigroup reissued a “buy” rating on shares of SAP in a research report on Friday, March 2nd. Stifel Nicolaus reissued a “sell” rating and issued a $74.00 price objective (down from $80.00) on shares of SAP in a research report on Thursday, March 1st. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $122.00 price objective (down from $133.00) on shares of SAP in a research report on Monday, February 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company. SAP has a consensus rating of “Buy” and an average price target of $104.00.

SAP SE (NYSE:SAP) opened at $104.45 on Tuesday. SAP SE has a twelve month low of $96.04 and a twelve month high of $116.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market cap of $132,088.75, a price-to-earnings ratio of 25.91, a PEG ratio of 2.94 and a beta of 1.15.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 30th. The software maker reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.33. The business had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.99 billion. SAP had a net margin of 17.38% and a return on equity of 17.33%. sell-side analysts expect that SAP SE will post 4.33 earnings per share for the current year.

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SAP Profile

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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