SAP SE $SAP is Unio Capital LLC’s 6th Largest Position

Unio Capital LLC increased its stake in SAP SE (NYSE:SAP) by 118.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,817 shares of the software maker’s stock after acquiring an additional 87,272 shares during the period. SAP makes up approximately 7.3% of Unio Capital LLC’s investment portfolio, making the stock its 6th biggest position. Unio Capital LLC’s holdings in SAP were worth $39,064,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its position in SAP by 1.2% in the fourth quarter. Fisher Asset Management LLC now owns 14,728,881 shares of the software maker’s stock worth $3,577,793,000 after acquiring an additional 179,550 shares in the last quarter. Bank of America Corp DE boosted its position in shares of SAP by 58.1% during the second quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after buying an additional 973,779 shares during the period. Windacre Partnership LLC boosted its position in shares of SAP by 130.9% during the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after buying an additional 1,336,325 shares during the period. Northern Trust Corp boosted its position in shares of SAP by 3.2% during the third quarter. Northern Trust Corp now owns 1,560,994 shares of the software maker’s stock valued at $417,113,000 after buying an additional 49,111 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of SAP by 7.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,200,024 shares of the software maker’s stock valued at $291,498,000 after buying an additional 83,349 shares during the period.

Analysts Set New Price Targets

Several research analysts have issued reports on SAP shares. Weiss Ratings lowered SAP from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Barclays boosted their target price on SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group restated a “buy” rating and set a $265.00 target price on shares of SAP in a research report on Wednesday, June 10th. JPMorgan Chase & Co. restated a “neutral” rating on shares of SAP in a research report on Tuesday, March 24th. Finally, Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, SAP has a consensus rating of “Moderate Buy” and an average price target of $283.40.

SAP Stock Performance

Shares of NYSE:SAP opened at $165.53 on Wednesday. The company has a market capitalization of $203.35 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 1.84 and a beta of 1.12. SAP SE has a 52 week low of $158.58 and a 52 week high of $313.28. 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 firm has a 50 day moving average of $173.69 and a 200 day moving average of $201.26.

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

SAP Increases Dividend

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

About SAP

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.