Global Retirement Partners LLC Has $1.68 Million Stock Position in SAP SE $SAP

Global Retirement Partners LLC boosted its holdings in shares of SAP SE (NYSE:SAP) by 384.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,930 shares of the software maker’s stock after buying an additional 5,500 shares during the quarter. Global Retirement Partners LLC’s holdings in SAP were worth $1,683,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SAP. Windacre Partnership LLC increased its position in SAP by 130.9% during the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock worth $629,874,000 after buying an additional 1,336,325 shares during the last quarter. Bank of America Corp DE increased its position in SAP by 58.1% during the second quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock worth $805,992,000 after buying an additional 973,779 shares during the last quarter. Sustainable Growth Advisers LP increased its position in SAP by 1,126.3% during the third quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock worth $225,102,000 after buying an additional 773,720 shares during the last quarter. M&T Bank Corp increased its position in SAP by 1,582.7% during the fourth quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after buying an additional 768,725 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its position in SAP by 9,269.8% during the third quarter. Thrivent Financial for Lutherans now owns 421,173 shares of the software maker’s stock worth $112,542,000 after buying an additional 416,678 shares during the last quarter.

SAP Price Performance

SAP stock opened at $176.04 on Friday. SAP SE has a 12 month low of $158.58 and a 12 month high of $313.28. The stock’s 50 day moving average is $173.67 and its 200-day moving average is $209.89. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $216.26 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 1.98 and a beta of 1.11.

SAP (NYSE:SAP) last posted its earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The company had revenue of $11.06 billion for the quarter. Equities research analysts expect that SAP SE will post 8.36 EPS for the current year.

SAP Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were given a $2.9291 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This is a positive change from SAP’s previous annual dividend of $2.54. This represents a dividend yield of 170.0%. SAP’s dividend payout ratio (DPR) is currently 28.78%.

Analyst Ratings Changes

A number of equities analysts have weighed in on SAP shares. Weiss Ratings downgraded SAP from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 16th. TD Cowen reissued a “buy” rating on shares of SAP in a research report on Thursday, May 14th. HSBC raised SAP from a “hold” rating to a “buy” rating in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SAP in a research report on Friday, January 30th. Finally, Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $288.00.

SAP Profile

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.