SAP SE (NYSE:SAP) Receives Consensus Rating of “Moderate Buy” from Analysts

SAP SE (NYSE:SAP) has earned an average rating of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $206.20.

SAP has been the subject of several recent research reports. JMP Securities boosted their price target on SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a research note on Tuesday, April 23rd. BMO Capital Markets boosted their price target on SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a research note on Friday. The Goldman Sachs Group boosted their price target on SAP from $185.00 to $207.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Barclays decreased their target price on SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Jefferies Financial Group raised SAP from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd.

SAP Stock Performance

NYSE:SAP opened at $186.18 on Tuesday. The company has a quick ratio of 1.40, a current ratio of 1.25 and a debt-to-equity ratio of 0.18. SAP has a fifty-two week low of $126.75 and a fifty-two week high of $199.29. The stock’s 50-day moving average is $187.96 and its two-hundred day moving average is $166.06.

SAP Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Friday, May 17th will be issued a dividend of $2.3852 per share. The ex-dividend date is Thursday, May 16th. This is a positive change from SAP’s previous annual dividend of $2.19. This represents a dividend yield of 0.9%. SAP’s payout ratio is 34.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SAP. Northwest Investment Counselors LLC acquired a new position in shares of SAP in the first quarter valued at $25,000. Column Capital Advisors LLC raised its stake in shares of SAP by 121.0% in the third quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock valued at $29,000 after purchasing an additional 121 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of SAP in the first quarter valued at $29,000. Wetzel Investment Advisors Inc. acquired a new position in shares of SAP in the fourth quarter valued at $31,000. Finally, Adirondack Trust Co. raised its stake in shares of SAP by 121.1% in the fourth quarter. Adirondack Trust Co. now owns 199 shares of the software maker’s stock valued at $31,000 after purchasing an additional 109 shares in the last quarter.

About SAP

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.