EntryPoint Capital LLC Buys Shares of 937 SAP SE (NYSE:SAP)

EntryPoint Capital LLC purchased a new position in SAP SE (NYSE:SAP) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 937 shares of the software maker’s stock, valued at approximately $231,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Centricity Wealth Management LLC acquired a new position in SAP in the 4th quarter valued at about $25,000. Union Bancaire Privee UBP SA purchased a new stake in shares of SAP during the fourth quarter worth about $27,000. Rakuten Securities Inc. raised its position in shares of SAP by 2,700.0% in the fourth quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock valued at $28,000 after buying an additional 108 shares during the last quarter. Albion Financial Group UT lifted 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 buying an additional 71 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in SAP during the fourth quarter worth approximately $42,000.

SAP Stock Performance

NYSE:SAP opened at $267.83 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The firm has a 50-day moving average of $277.05 and a two-hundred day moving average of $251.46. SAP SE has a 1-year low of $175.08 and a 1-year high of $293.70. The stock has a market cap of $329.03 billion, a P/E ratio of 93.32, a PEG ratio of 4.71 and a beta of 1.25.

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 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%. On average, research analysts expect that SAP SE will post 6.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 price target on shares of SAP in a report on Thursday, January 30th. JMP Securities increased their target price on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 29th. BMO Capital Markets lifted their price target on SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and upped their price objective for the company from $240.00 to $305.00 in a research note on Friday, January 17th. Finally, Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP currently has an average rating of “Buy” and an average 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.