Hantz Financial Services Inc. Boosts Stake in SAP SE $SAP

Hantz Financial Services Inc. lifted its holdings in shares of SAP SE (NYSE:SAP) by 22.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 55,403 shares of the software maker’s stock after acquiring an additional 10,270 shares during the quarter. Hantz Financial Services Inc.’s holdings in SAP were worth $13,458,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of SAP. Dara Capital US Inc. acquired a new stake in SAP in the fourth quarter valued at $3,342,000. Oppenheimer Asset Management Inc. lifted its position in shares of SAP by 15.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 53,410 shares of the software maker’s stock worth $14,272,000 after purchasing an additional 7,066 shares during the last quarter. Seaview Investment Managers LLC grew its stake in SAP by 191.4% in the third quarter. Seaview Investment Managers LLC now owns 11,744 shares of the software maker’s stock worth $3,138,000 after purchasing an additional 7,714 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in SAP in the third quarter valued at about $32,760,000. Finally, Dash Acquisitions Inc. raised its stake in SAP by 8.7% during the fourth quarter. Dash Acquisitions Inc. now owns 78,880 shares of the software maker’s stock valued at $19,161,000 after buying an additional 6,315 shares in the last quarter.

SAP Stock Up 0.1%

SAP stock opened at $176.04 on Monday. The stock has a market cap of $216.26 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 1.98 and a beta of 1.11. The firm’s 50-day simple moving average is $173.67 and its 200 day simple moving average is $209.51. SAP SE has a fifty-two week low of $158.58 and a fifty-two week high of $313.28. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.11.

SAP (NYSE:SAP) last posted its earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share (EPS) for the quarter. SAP had a net margin of 20.08% and a return on equity of 17.31%. The firm had revenue of $11.06 billion during the quarter. As a group, sell-side analysts predict that SAP SE will post 8.36 EPS for the current year.

SAP Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a $2.9291 dividend. This is a positive change from SAP’s previous annual dividend of $2.54. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a yield of 170.0%. SAP’s dividend payout ratio is currently 28.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on SAP shares. Piper Sandler downgraded SAP from an “overweight” rating to a “neutral” rating in a report on Tuesday, April 14th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of SAP in a report on Tuesday, March 24th. Santander raised shares of SAP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 24th. BMO Capital Markets decreased their target price on SAP from $210.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Finally, Wall Street Zen lowered SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average 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.