Comerica Bank increased its stake in shares of SAP SE (NYSE:SAP) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,871 shares of the software maker’s stock after acquiring an additional 4,731 shares during the quarter. Comerica Bank’s holdings in SAP were worth $20,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Fisher Asset Management LLC grew its position in shares of SAP by 2.5% in the 4th quarter. Fisher Asset Management LLC now owns 6,926,072 shares of the software maker’s stock worth $689,491,000 after buying an additional 170,359 shares during the last quarter. FMR LLC grew its position in shares of SAP by 9.3% in the 3rd quarter. FMR LLC now owns 2,660,926 shares of the software maker’s stock worth $327,294,000 after buying an additional 226,359 shares during the last quarter. Cambiar Investors LLC grew its position in shares of SAP by 19.6% in the 4th quarter. Cambiar Investors LLC now owns 1,648,637 shares of the software maker’s stock worth $164,122,000 after buying an additional 270,753 shares during the last quarter. Sustainable Growth Advisers LP boosted its position in shares of SAP by 5.5% during the fourth quarter. Sustainable Growth Advisers LP now owns 1,481,317 shares of the software maker’s stock valued at $147,465,000 after purchasing an additional 77,240 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its position in shares of SAP by 2.2% during the third quarter. Neuberger Berman Group LLC now owns 1,025,041 shares of the software maker’s stock valued at $126,176,000 after purchasing an additional 22,293 shares in the last quarter. Institutional investors and hedge funds own 4.47% of the company’s stock.

Shares of NYSE:SAP opened at $106.82 on Friday. The firm has a market cap of $129.31 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 2.23 and a beta of 1.01. SAP SE has a 12-month low of $94.81 and a 12-month high of $127.16. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.59 and a quick ratio of 1.13.

SAP (NYSE:SAP) last announced its quarterly earnings data on Tuesday, January 29th. The software maker reported $1.51 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.61 by ($0.10). The company had revenue of $7.43 billion for the quarter, compared to analysts’ expectations of $7.22 billion. SAP had a net margin of 16.44% and a return on equity of 16.47%. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.77 EPS. As a group, research analysts anticipate that SAP SE will post 5.02 EPS for the current year.

SAP has been the topic of several research reports. ValuEngine upgraded SAP from a “hold” rating to a “buy” rating in a research report on Tuesday, December 18th. DZ Bank restated a “buy” rating on shares of SAP in a research report on Friday, November 23rd. UBS Group upgraded SAP from a “neutral” rating to a “buy” rating in a research report on Monday, October 22nd. Zacks Investment Research upgraded SAP from a “hold” rating to a “buy” rating and set a $116.00 price target on the stock in a research report on Monday, February 4th. Finally, CIBC restated a “hold” rating and set a $44.00 price target on shares of SAP in a research report on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company. SAP currently has an average rating of “Buy” and an average price target of $109.00.

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SAP Company Profile

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 for 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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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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