Little House Capital LLC Takes $1.95 Million Position in SAP SE $SAP

Little House Capital LLC bought a new stake in SAP SE (NYSE:SAP) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,033 shares of the software maker’s stock, valued at approximately $1,951,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SAP. Windacre Partnership LLC increased its position in SAP by 130.9% in the 3rd quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares in the last quarter. Bank of America Corp DE increased its position in SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after acquiring an additional 973,779 shares in the last quarter. Sustainable Growth Advisers LP increased its position in SAP by 1,126.3% in the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock valued at $225,102,000 after acquiring an additional 773,720 shares in the last quarter. M&T Bank Corp increased its position in SAP by 1,582.7% in the 4th quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock valued at $198,529,000 after acquiring an additional 768,725 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in SAP by 9,269.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 421,173 shares of the software maker’s stock valued at $112,542,000 after acquiring an additional 416,678 shares in the last quarter.

SAP Trading Up 2.3%

SAP opened at $178.72 on Wednesday. SAP SE has a twelve month low of $158.58 and a twelve month high of $313.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $219.56 billion, a PE ratio of 24.15, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. The firm’s fifty day moving average is $174.78 and its two-hundred day moving average is $211.29.

SAP (NYSE:SAP) last released its quarterly earnings data on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The business had revenue of $11.06 billion for the quarter. Equities research analysts anticipate that SAP SE will post 8.34 EPS for the current year.

SAP Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a dividend of $2.9291 per share. This is a boost from SAP’s previous annual dividend of $2.54. The ex-dividend date was Tuesday, May 5th. This represents a dividend yield of 170.0%. SAP’s dividend payout ratio (DPR) is presently 28.92%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SAP in a research report on Friday, January 30th. TD Cowen restated a “buy” rating on shares of SAP in a research report on Thursday, May 14th. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. Finally, Citizens Jmp downgraded SAP from an “outperform” rating to a “market perform” rating in a research report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $288.00.

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.