Cwm LLC Increases Stock Position in SAP SE (NYSE:SAP)

Cwm LLC grew its holdings in shares of SAP SE (NYSE:SAP) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,018 shares of the software maker’s stock after acquiring an additional 151 shares during the quarter. Cwm LLC’s holdings in SAP were worth $691,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Modera Wealth Management LLC raised its stake in shares of SAP by 1.4% during the second quarter. Modera Wealth Management LLC now owns 3,736 shares of the software maker’s stock worth $754,000 after acquiring an additional 50 shares in the last quarter. Great Valley Advisor Group Inc. raised its stake in shares of SAP by 3.5% during the second quarter. Great Valley Advisor Group Inc. now owns 1,488 shares of the software maker’s stock worth $300,000 after acquiring an additional 51 shares in the last quarter. RFP Financial Group LLC raised its stake in shares of SAP by 17.5% during the second quarter. RFP Financial Group LLC now owns 349 shares of the software maker’s stock worth $70,000 after acquiring an additional 52 shares in the last quarter. PFG Investments LLC raised its stake in shares of SAP by 2.6% during the second quarter. PFG Investments LLC now owns 2,427 shares of the software maker’s stock worth $490,000 after acquiring an additional 61 shares in the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of SAP by 32.6% during the first quarter. Bessemer Group Inc. now owns 252 shares of the software maker’s stock worth $49,000 after acquiring an additional 62 shares in the last quarter.

SAP Stock Performance

NYSE:SAP opened at $230.46 on Friday. The stock has a market cap of $283.12 billion, a P/E ratio of 49.99, a price-to-earnings-growth ratio of 4.46 and a beta of 1.25. The firm’s fifty day simple moving average is $221.38 and its 200 day simple moving average is $203.35. SAP SE has a twelve month low of $130.08 and a twelve month high of $232.23. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.17.

SAP (NYSE:SAP) last released its quarterly earnings results on Monday, July 22nd. The software maker reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.09. The business had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.25 billion. SAP had a net margin of 7.74% and a return on equity of 10.98%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.71 earnings per share. As a group, research analysts predict that SAP SE will post 4.78 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SAP shares. Argus raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, July 31st. BMO Capital Markets cut shares of SAP from a “strong-buy” rating to a “hold” rating in a report on Tuesday. TD Cowen raised their target price on shares of SAP from $188.00 to $214.00 and gave the stock a “hold” rating in a report on Tuesday, July 23rd. JMP Securities raised their target price on shares of SAP from $220.00 to $245.00 and gave the stock a “market outperform” rating in a report on Tuesday, July 23rd. Finally, Barclays raised their target price on shares of SAP from $251.00 to $252.00 and gave the stock an “overweight” rating in a report on Monday, September 30th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $232.17.

SAP 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.