SAP SE (NYSE:SAP) hit a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $121.82 and last traded at $121.78, with a volume of 29257 shares traded. The stock had previously closed at $120.29.

A number of equities research analysts have issued reports on SAP shares. Citigroup reaffirmed a “buy” rating on shares of SAP in a research report on Friday, March 2nd. Barclays upped their price objective on shares of SAP from $132.00 to $134.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 25th. Zacks Investment Research raised shares of SAP from a “sell” rating to a “hold” rating in a research report on Monday, April 9th. Royal Bank of Canada reissued a “neutral” rating and set a target price on shares of SAP in a research report on Tuesday, April 24th. Finally, Jefferies Financial Group assumed coverage on shares of SAP in a research report on Friday, June 1st. They set a “buy” rating and a $140.00 target price for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $113.30.

The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $147.43 billion, a PE ratio of 28.38, a P/E/G ratio of 3.63 and a beta of 1.14.

SAP (NYSE:SAP) last posted its earnings results on Tuesday, April 24th. The software maker reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.25. SAP had a net margin of 18.00% and a return on equity of 18.33%. The business had revenue of $5.26 billion for the quarter, compared to analysts’ expectations of $5.30 billion. During the same period in the prior year, the company posted $0.73 EPS. The business’s revenue for the quarter was down .5% compared to the same quarter last year. analysts expect that SAP SE will post 4.59 EPS for the current year.

The company also recently announced an annual dividend, which was paid on Tuesday, May 29th. Shareholders of record on Monday, May 21st were paid a $1.7271 dividend. The ex-dividend date was Friday, May 18th. This is a boost from SAP’s previous annual dividend of $1.33. This represents a yield of 1.6%. SAP’s dividend payout ratio is currently 27.74%.

A number of hedge funds and other institutional investors have recently bought and sold shares of SAP. Principal Financial Group Inc. lifted its stake in SAP by 7,785.3% in the 1st quarter. Principal Financial Group Inc. now owns 354,838 shares of the software maker’s stock worth $37,315,000 after purchasing an additional 350,338 shares in the last quarter. Wells Fargo & Company MN lifted its stake in SAP by 27.9% in the 1st quarter. Wells Fargo & Company MN now owns 1,218,224 shares of the software maker’s stock worth $128,109,000 after purchasing an additional 265,462 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in SAP by 244.7% in the 1st quarter. JPMorgan Chase & Co. now owns 340,357 shares of the software maker’s stock worth $35,792,000 after purchasing an additional 241,605 shares in the last quarter. Summit Trail Advisors LLC raised its position in shares of SAP by 11,404.8% during the 1st quarter. Summit Trail Advisors LLC now owns 190,750 shares of the software maker’s stock valued at $191,000 after buying an additional 189,092 shares in the last quarter. Finally, Sustainable Growth Advisers LP raised its position in shares of SAP by 6.0% during the 1st quarter. Sustainable Growth Advisers LP now owns 3,099,490 shares of the software maker’s stock valued at $325,943,000 after buying an additional 176,456 shares in the last quarter. Institutional investors and hedge funds own 10.76% of the company’s stock.

About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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