BSW Wealth Partners increased its position in shares of SAP SE (NYSE:SAP) by 75.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,038 shares of the software maker’s stock after purchasing an additional 1,307 shares during the period. BSW Wealth Partners’ holdings in SAP were worth $374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SAP. Twin Tree Management LP acquired a new position in SAP in the 3rd quarter valued at $4,216,000. Bank of New York Mellon Corp increased its stake in shares of SAP by 394.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 312,116 shares of the software maker’s stock valued at $38,390,000 after purchasing an additional 248,945 shares during the last quarter. Trillium Asset Management LLC increased its stake in shares of SAP by 1.7% in the 3rd quarter. Trillium Asset Management LLC now owns 42,971 shares of the software maker’s stock valued at $5,285,000 after purchasing an additional 730 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of SAP by 21.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 94,847 shares of the software maker’s stock valued at $11,666,000 after purchasing an additional 17,051 shares during the last quarter. Finally, South Texas Money Management Ltd. increased its stake in shares of SAP by 32.5% in the 3rd quarter. South Texas Money Management Ltd. now owns 2,653 shares of the software maker’s stock valued at $326,000 after purchasing an additional 650 shares during the last quarter. 4.46% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently issued reports on SAP shares. Royal Bank of Canada reiterated a “neutral” rating on shares of SAP in a research note on Thursday, October 18th. UBS Group upgraded SAP from a “neutral” rating to a “buy” rating in a research note on Monday, October 22nd. Zacks Investment Research upgraded SAP from a “sell” rating to a “hold” rating in a research note on Wednesday, August 29th. Barclays decreased their price target on SAP from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Friday, October 19th. Finally, DZ Bank reiterated a “buy” rating on shares of SAP in a research note on Thursday, September 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $112.89.

Shares of SAP stock opened at $101.51 on Thursday. The firm has a market cap of $124.79 billion, a P/E ratio of 23.66, a PEG ratio of 3.23 and a beta of 1.29. SAP SE has a twelve month low of $98.83 and a twelve month high of $127.16. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.13 and a current ratio of 1.13.

SAP (NYSE:SAP) last issued its quarterly earnings data on Thursday, October 18th. The software maker reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.02. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.99 billion. SAP had a return on equity of 17.64% and a net margin of 17.57%. SAP’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS. Equities research analysts expect that SAP SE will post 4.29 EPS for the current fiscal year.

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SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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