Vanguard Personalized Indexing Management LLC Sells 5,295 Shares of SAP SE $SAP

Vanguard Personalized Indexing Management LLC lowered its stake in shares of SAP SE (NYSE:SAP) by 9.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 51,677 shares of the software maker’s stock after selling 5,295 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in SAP were worth $12,553,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in SAP by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after purchasing an additional 58 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in SAP during the 3rd quarter valued at about $27,000. Community Bank N.A. acquired a new position in SAP during the 3rd quarter valued at about $32,000. GoalVest Advisory LLC acquired a new position in SAP during the 4th quarter valued at about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in SAP by 758.8% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock valued at $35,000 after purchasing an additional 129 shares during the last quarter.

SAP Price Performance

SAP stock opened at $164.55 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11. The stock has a market cap of $202.14 billion, a P/E ratio of 22.24, a P/E/G ratio of 1.84 and a beta of 1.12. The company’s 50 day moving average price is $173.82 and its two-hundred day moving average price is $201.79. SAP SE has a 52 week low of $158.58 and a 52 week high of $313.28.

SAP (NYSE:SAP) last posted its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. The company had revenue of $11.06 billion for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. On average, equities analysts predict that SAP SE will post 8.37 earnings per share for the current year.

SAP Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a $2.9291 dividend. This is a boost from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a dividend yield of 170.0%. SAP’s payout ratio is presently 28.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SAP shares. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of SAP in a research note on Tuesday, March 24th. Wall Street Zen cut shares of SAP from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings cut shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $265.00 target price on shares of SAP in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, SAP currently has a consensus rating of “Moderate Buy” and an average target price of $283.40.

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.