HHM Wealth Advisors LLC Acquires 180 Shares of SAP SE (NYSE:SAP)

HHM Wealth Advisors LLC lifted its holdings in shares of SAP SE (NYSE:SAP) by 126.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 322 shares of the software maker’s stock after acquiring an additional 180 shares during the period. HHM Wealth Advisors LLC’s holdings in SAP were worth $50,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SAP. Column Capital Advisors LLC lifted its holdings in shares of SAP by 121.0% during the 3rd quarter. Column Capital Advisors LLC now owns 221 shares of the software maker’s stock worth $29,000 after acquiring an additional 121 shares during the period. Wetzel Investment Advisors Inc. bought a new position in SAP during the 4th quarter valued at about $31,000. Larson Financial Group LLC bought a new position in SAP during the 4th quarter valued at about $33,000. Parkside Financial Bank & Trust lifted its holdings in SAP by 84.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 338 shares of the software maker’s stock valued at $52,000 after purchasing an additional 155 shares during the last quarter. Finally, Ramirez Asset Management Inc. bought a new position in SAP during the 3rd quarter valued at about $58,000.

SAP Stock Performance

SAP opened at $186.18 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25. SAP SE has a 1-year low of $126.75 and a 1-year high of $199.29. The firm has a 50-day moving average price of $187.96 and a two-hundred day moving average price of $166.29.

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 given a dividend of $2.3852 per share. This is a boost from SAP’s previous annual dividend of $2.19. The ex-dividend date of this dividend is Thursday, May 16th. This represents a dividend yield of 0.9%. SAP’s payout ratio is currently 34.92%.

Analyst Ratings Changes

Several brokerages recently issued reports on SAP. BMO Capital Markets lifted their price target on shares of SAP from $215.00 to $218.00 and gave the company a “market perform” rating in a report on Friday. The Goldman Sachs Group lifted their price target on shares of SAP from $185.00 to $207.00 and gave the company a “buy” rating in a report on Friday, January 26th. Jefferies Financial Group raised shares of SAP from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Barclays cut their price target on shares of SAP from $212.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday, April 24th. Finally, KeyCorp initiated coverage on shares of SAP in a research report on Thursday, March 21st. They issued an “overweight” rating for the company. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $206.20.

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.