Vanguard Personalized Indexing Management LLC Has $18.10 Million Stake in SAP SE $SAP

Vanguard Personalized Indexing Management LLC boosted its position in shares of SAP SE (NYSE:SAP) by 14.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,496 shares of the software maker’s stock after acquiring an additional 7,663 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in SAP were worth $18,096,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SAP. Brighton Jones LLC lifted its position in SAP by 91.1% during the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock worth $648,000 after acquiring an additional 1,255 shares during the last quarter. Farther Finance Advisors LLC lifted its position in SAP by 5.1% during the 1st quarter. Farther Finance Advisors LLC now owns 2,909 shares of the software maker’s stock worth $786,000 after acquiring an additional 142 shares during the last quarter. GAMMA Investing LLC raised its position in shares of SAP by 16.7% during the first quarter. GAMMA Investing LLC now owns 4,866 shares of the software maker’s stock valued at $1,306,000 after buying an additional 698 shares during the last quarter. Fifth Third Bancorp raised its position in shares of SAP by 1.5% during the first quarter. Fifth Third Bancorp now owns 16,419 shares of the software maker’s stock valued at $4,408,000 after buying an additional 239 shares during the last quarter. Finally, Jackson Square Capital LLC acquired a new position in shares of SAP during the first quarter valued at about $1,004,000.

SAP Stock Performance

NYSE:SAP opened at $265.62 on Friday. SAP SE has a 12-month low of $225.67 and a 12-month high of $313.28. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $326.32 billion, a PE ratio of 43.98, a price-to-earnings-growth ratio of 3.94 and a beta of 1.28. The firm has a 50-day moving average price of $271.63 and a 200 day moving average price of $282.39.

SAP (NYSE:SAP) last posted its quarterly earnings results on Tuesday, July 22nd. The software maker reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.07. SAP had a net margin of 18.26% and a return on equity of 14.84%. The firm had revenue of $10.58 billion during the quarter, compared to analyst estimates of $9.10 billion. During the same quarter in the prior year, the business posted $1.10 earnings per share. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Research analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of SAP in a research report on Tuesday, August 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SAP in a research report on Tuesday, September 16th. Wall Street Zen lowered shares of SAP from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Oddo Bhf raised shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SAP in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, SAP has a consensus rating of “Buy” and an average target price of $281.67.

About SAP

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.