Yousif Capital Management LLC Sells 1,250 Shares of SAP SE (NYSE:SAP)

Yousif Capital Management LLC decreased its holdings in SAP SE (NYSE:SAP) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,649 shares of the software maker’s stock after selling 1,250 shares during the period. Yousif Capital Management LLC’s holdings in SAP were worth $4,345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Foster Group Inc. increased its stake in SAP by 4.3% in the 4th quarter. Foster Group Inc. now owns 1,089 shares of the software maker’s stock worth $268,000 after buying an additional 45 shares during the period. Wedmont Private Capital increased its position in shares of SAP by 2.4% during the fourth quarter. Wedmont Private Capital now owns 1,927 shares of the software maker’s stock worth $485,000 after acquiring an additional 46 shares during the period. Confluence Investment Management LLC raised its stake in shares of SAP by 1.1% during the fourth quarter. Confluence Investment Management LLC now owns 4,325 shares of the software maker’s stock valued at $1,065,000 after acquiring an additional 49 shares in the last quarter. PDS Planning Inc boosted its holdings in shares of SAP by 1.3% in the third quarter. PDS Planning Inc now owns 3,994 shares of the software maker’s stock valued at $915,000 after purchasing an additional 51 shares during the period. Finally, Rosenberg Matthew Hamilton grew its stake in SAP by 5.0% in the third quarter. Rosenberg Matthew Hamilton now owns 1,100 shares of the software maker’s stock worth $252,000 after purchasing an additional 52 shares in the last quarter.

SAP Trading Down 1.2 %

NYSE SAP opened at $279.76 on Friday. The firm has a market cap of $343.68 billion, a PE ratio of 97.48, a price-to-earnings-growth ratio of 4.53 and a beta of 1.23. SAP SE has a 52 week low of $173.09 and a 52 week high of $283.90. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average price of $257.48 and a 200 day moving average price of $235.06.

SAP (NYSE:SAP) last issued its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. As a group, sell-side analysts forecast that SAP SE will post 6.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 target price on shares of SAP in a report on Thursday, January 30th. Barclays upped their price objective on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and raised their target price for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Finally, BMO Capital Markets lifted their price objective on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, SAP currently has a consensus rating of “Buy” and a consensus target price of $248.83.

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.