Neuberger Berman Group LLC raised its holdings in shares of SAP SE (NYSE:SAP) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,346,504 shares of the software maker’s stock after acquiring an additional 33,768 shares during the quarter. Neuberger Berman Group LLC owned approximately 0.11% of SAP worth $147,644,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Harding Loevner LP boosted its position in shares of SAP by 4,590.3% in the 3rd quarter. Harding Loevner LP now owns 267,928,144 shares of the software maker’s stock valued at $402,798,000 after purchasing an additional 262,215,799 shares during the period. Fisher Asset Management LLC boosted its position in shares of SAP by 2.1% in the 3rd quarter. Fisher Asset Management LLC now owns 6,599,155 shares of the software maker’s stock valued at $723,597,000 after purchasing an additional 136,874 shares during the period. Sustainable Growth Advisers LP boosted its position in shares of SAP by 8.9% in the 2nd quarter. Sustainable Growth Advisers LP now owns 2,567,035 shares of the software maker’s stock valued at $268,691,000 after purchasing an additional 210,664 shares during the period. Northern Trust Corp boosted its position in shares of SAP by 2.0% in the 2nd quarter. Northern Trust Corp now owns 1,476,441 shares of the software maker’s stock valued at $154,540,000 after purchasing an additional 29,555 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of SAP by 8.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,107,059 shares of the software maker’s stock valued at $121,363,000 after purchasing an additional 83,601 shares during the period. 3.68% of the stock is owned by institutional investors and hedge funds.

SAP SE (NYSE:SAP) traded up $0.90 on Friday, reaching $113.80. The company’s stock had a trading volume of 614,500 shares, compared to its average volume of 697,711. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.24. The stock has a market cap of $138,754.11, a P/E ratio of 31.45, a PEG ratio of 3.26 and a beta of 1.13. SAP SE has a 12-month low of $84.14 and a 12-month high of $116.90.

SAP (NYSE:SAP) last posted its quarterly earnings data on Thursday, October 19th. The software maker reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.12. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.68 billion. SAP had a return on equity of 15.43% and a net margin of 15.80%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. analysts predict that SAP SE will post 4.13 earnings per share for the current fiscal year.

SAP has been the subject of a number of research analyst reports. Oppenheimer reissued a “buy” rating and issued a $120.00 target price on shares of SAP in a research report on Tuesday, November 14th. BMO Capital Markets reissued a “hold” rating and issued a $110.00 target price on shares of SAP in a research report on Friday, October 13th. Royal Bank of Canada reissued a “hold” rating on shares of SAP in a research report on Monday, September 18th. DZ Bank reissued a “buy” rating on shares of SAP in a research report on Thursday, October 19th. Finally, Zacks Investment Research raised SAP from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a research report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company’s stock. SAP presently has an average rating of “Buy” and a consensus target price of $106.73.

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About SAP

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

Institutional Ownership by Quarter for SAP (NYSE:SAP)

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