Greenleaf Trust reduced its holdings in shares of SAP SE (NYSE:SAP) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,593 shares of the software maker’s stock after selling 1,371 shares during the quarter. Greenleaf Trust’s holdings in SAP were worth $860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Mitchell Capital Management Co. lifted its holdings in shares of SAP by 2.2% during the fourth quarter. Mitchell Capital Management Co. now owns 3,688 shares of the software maker’s stock valued at $481,000 after purchasing an additional 79 shares in the last quarter. Great Valley Advisor Group Inc. lifted its holdings in shares of SAP by 4.1% during the fourth quarter. Great Valley Advisor Group Inc. now owns 2,093 shares of the software maker’s stock valued at $273,000 after purchasing an additional 83 shares in the last quarter. Glassman Wealth Services lifted its holdings in shares of SAP by 13.8% during the fourth quarter. Glassman Wealth Services now owns 740 shares of the software maker’s stock valued at $96,000 after purchasing an additional 90 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of SAP by 5.3% during the fourth quarter. AE Wealth Management LLC now owns 1,854 shares of the software maker’s stock valued at $242,000 after purchasing an additional 94 shares in the last quarter. Finally, Baldwin Brothers Inc. MA lifted its holdings in shares of SAP by 8.3% during the fourth quarter. Baldwin Brothers Inc. MA now owns 1,241 shares of the software maker’s stock valued at $162,000 after purchasing an additional 95 shares in the last quarter.

A number of research analysts have weighed in on the company. CIBC raised SAP to an “outperformer” rating and increased their target price for the company from $38.00 to $43.00 in a report on Friday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SAP in a report on Monday, February 1st. Zacks Investment Research downgraded SAP from a “hold” rating to a “sell” rating and set a $139.00 target price on the stock. in a report on Thursday, February 4th. Pritchard Capital downgraded SAP from a “buy” rating to a “neutral” rating in a report on Friday, November 6th. Finally, Barclays increased their target price on SAP from $158.00 to $163.00 and gave the company an “overweight” rating in a report on Thursday, January 7th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $131.92.

Shares of NYSE SAP opened at $125.73 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.48. The business has a fifty day simple moving average of $129.13 and a two-hundred day simple moving average of $137.77. The firm has a market cap of $150.07 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 4.33 and a beta of 1.03. SAP SE has a twelve month low of $90.89 and a twelve month high of $169.30.

SAP (NYSE:SAP) last announced its quarterly earnings results on Thursday, January 28th. The software maker reported $1.69 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.71 by ($0.02). SAP had a net margin of 17.59% and a return on equity of 17.39%. The company had revenue of $7.54 billion during the quarter, compared to analysts’ expectations of $7.44 billion. During the same quarter in the prior year, the business posted $1.82 earnings per share. The company’s revenue was down 6.3% compared to the same quarter last year. On average, research analysts expect that SAP SE will post 5.31 earnings per share for the current year.

SAP Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. 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; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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