SAP SE (NYSE:SAP) Shares Purchased by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC grew its stake in SAP SE (NYSE:SAP) by 208.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,367 shares of the software maker’s stock after acquiring an additional 11,057 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in SAP were worth $4,030,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Holocene Advisors LP acquired a new stake in SAP during the third quarter worth approximately $10,869,000. Atomi Financial Group Inc. lifted its stake in shares of SAP by 38.9% during the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker’s stock worth $3,074,000 after purchasing an additional 3,495 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SAP by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock worth $125,654,000 after purchasing an additional 7,667 shares during the last quarter. Benjamin Edwards Inc. grew its position in shares of SAP by 1,496.4% in the third quarter. Benjamin Edwards Inc. now owns 8,940 shares of the software maker’s stock valued at $2,048,000 after purchasing an additional 8,380 shares during the period. Finally, Merit Financial Group LLC acquired a new position in SAP in the fourth quarter valued at $654,000.

Analyst Upgrades and Downgrades

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

SAP Price Performance

SAP stock opened at $276.41 on Monday. The firm has a fifty day moving average of $249.60 and a 200-day moving average of $230.70. The firm has a market capitalization of $339.56 billion, a P/E ratio of 110.56, a PEG ratio of 3.89 and a beta of 1.22. SAP SE has a 52-week low of $172.32 and a 52-week high of $277.36. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.17.

SAP 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.