Rothschild Investment LLC Cuts Stake in SAP SE (NYSE:SAP)

Rothschild Investment LLC decreased its holdings in SAP SE (NYSE:SAP) by 21.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 425 shares of the software maker’s stock after selling 113 shares during the period. Rothschild Investment LLC’s holdings in SAP were worth $105,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Centricity Wealth Management LLC purchased a new stake in shares of SAP in the 4th quarter valued at $25,000. Union Bancaire Privee UBP SA bought a new stake in SAP during the 4th quarter valued at $27,000. Albion Financial Group UT raised its holdings in SAP by 122.4% during the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock valued at $32,000 after buying an additional 71 shares during the last quarter. Brooklyn Investment Group bought a new stake in SAP during the 3rd quarter valued at $42,000. Finally, Prospera Private Wealth LLC bought a new stake in SAP during the 3rd quarter valued at $47,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on SAP shares. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. JMP Securities upped their price target on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a report on Wednesday, January 29th. BMO Capital Markets upped their price target on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Barclays upped their price target on shares of SAP from $283.00 to $286.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Finally, TD Cowen upgraded shares of SAP from a “hold” rating to a “buy” rating and upped their price objective 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, According to MarketBeat, SAP presently has an average rating of “Buy” and an average price target of $248.83.

SAP Stock Up 0.8 %

Shares of NYSE SAP opened at $286.94 on Wednesday. The firm has a fifty day simple moving average of $267.23 and a two-hundred day simple moving average of $242.84. The firm has a market capitalization of $352.51 billion, a PE ratio of 99.98, a price-to-earnings-growth ratio of 4.71 and a beta of 1.23. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. SAP SE has a 12 month low of $175.08 and a 12 month high of $293.70.

SAP (NYSE:SAP) last released its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. Equities analysts expect that SAP SE will post 6.55 earnings per share for the current year.

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.