SAP SE (NYSE:SAP) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its position in shares of SAP SE (NYSE:SAP) by 13.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,504 shares of the software maker’s stock after selling 12,658 shares during the period. Hantz Financial Services Inc.’s holdings in SAP were worth $20,067,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SAP. Godsey & Gibb Inc. bought a new stake in SAP during the 3rd quarter valued at $25,000. Union Bancaire Privee UBP SA acquired a new position in shares of SAP during the fourth quarter valued at $27,000. Albion Financial Group UT raised its stake in shares of SAP by 122.4% during the fourth quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after purchasing an additional 71 shares in the last quarter. Brooklyn Investment Group acquired a new stake in SAP in the third quarter worth about $42,000. Finally, Financial Management Professionals Inc. grew its position in SAP by 104.0% in the 4th quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock valued at $50,000 after buying an additional 103 shares in the last quarter.

SAP Trading Down 0.8 %

Shares of SAP opened at $273.49 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.17. SAP SE has a 1-year low of $173.05 and a 1-year high of $277.36. The stock has a market capitalization of $335.99 billion, a P/E ratio of 109.40, a P/E/G ratio of 3.89 and a beta of 1.22. The business’s 50-day moving average price is $251.29 and its 200 day moving average price is $231.70.

SAP (NYSE:SAP) last released its quarterly earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a net margin of 8.15% and a return on equity of 11.44%. Analysts expect that SAP SE will post 4.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SAP has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. BMO Capital Markets upped their target price on SAP from $248.00 to $265.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. JMP Securities lifted their price target on SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 22nd. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Finally, TD Cowen raised SAP from a “hold” rating to a “buy” rating and lifted their target price for the stock from $240.00 to $305.00 in a report on Friday, January 17th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $276.00.

SAP Company Profile

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.