Ballentine Partners LLC Has $478,000 Stake in SAP SE (SAP)
Ballentine Partners LLC raised its holdings in shares of SAP SE (NYSE:SAP) by 18.1% during the 4th quarter, Holdings Channel reports. The fund owned 4,257 shares of the software maker’s stock after acquiring an additional 651 shares during the quarter. Ballentine Partners LLC’s holdings in SAP were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of SAP. New York State Common Retirement Fund lifted its stake in shares of SAP by 54.6% during the 2nd quarter. New York State Common Retirement Fund now owns 29,320 shares of the software maker’s stock valued at $3,069,000 after buying an additional 10,349 shares in the last quarter. FMR LLC lifted its stake in shares of SAP by 6,475.0% during the 2nd quarter. FMR LLC now owns 396,409 shares of the software maker’s stock valued at $41,493,000 after buying an additional 390,380 shares in the last quarter. First Allied Advisory Services Inc. purchased a new position in shares of SAP during the 2nd quarter valued at $254,000. Shelton Capital Management purchased a new position in shares of SAP during the 2nd quarter valued at $384,000. Finally, State Street Corp lifted its stake in shares of SAP by 2.3% during the 2nd quarter. State Street Corp now owns 204,794 shares of the software maker’s stock valued at $21,436,000 after buying an additional 4,622 shares in the last quarter. Institutional investors and hedge funds own 3.67% of the company’s stock.
Shares of SAP SE (NYSE SAP) opened at $105.87 on Tuesday. SAP SE has a fifty-two week low of $90.81 and a fifty-two week high of $116.90. The company has a quick ratio of 1.18, a current ratio of 1.17 and a debt-to-equity ratio of 0.20. The firm has a market cap of $135,220.00, a PE ratio of 25.33 and a beta of 1.11.
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SAP Company Profile
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).
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