Arlington Partners LLC Raises Stock Position in SAP SE (NYSE:SAP)

Arlington Partners LLC lifted its stake in shares of SAP SE (NYSE:SAP) by 0.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,575 shares of the software maker’s stock after buying an additional 41 shares during the quarter. SAP comprises about 1.7% of Arlington Partners LLC’s holdings, making the stock its 18th biggest holding. Arlington Partners LLC’s holdings in SAP were worth $4,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Holocene Advisors LP acquired a new position in SAP in the 3rd quarter valued at $10,869,000. Atomi Financial Group Inc. increased its stake in SAP by 38.9% in the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker’s stock valued at $3,074,000 after buying an additional 3,495 shares during the period. Mount Yale Investment Advisors LLC increased its stake in SAP by 208.2% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker’s stock valued at $4,030,000 after buying an additional 11,057 shares during the period. JPMorgan Chase & Co. increased its stake in SAP by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock valued at $125,654,000 after buying an additional 7,667 shares during the period. Finally, Benjamin Edwards Inc. increased its stake in SAP by 1,496.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 8,940 shares of the software maker’s stock valued at $2,048,000 after buying an additional 8,380 shares during the period.

Wall Street Analysts Forecast Growth

SAP has been the topic of several recent research reports. BMO Capital Markets boosted their price objective on shares of SAP from $265.00 to $307.00 and gave the company an “outperform” rating in a research note on Wednesday, January 29th. JMP Securities upped their price target on shares of SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 29th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. TD Cowen raised shares of SAP from a “hold” rating to a “buy” rating and upped their price target for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Finally, Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Ten equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $248.83.

SAP Price Performance

SAP stock opened at $279.76 on Monday. SAP SE has a 52 week low of $173.09 and a 52 week high of $283.90. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.16. The firm’s 50-day simple moving average is $258.32 and its 200 day simple moving average is $235.76. The firm has a market capitalization of $343.68 billion, a PE ratio of 97.48, a P/E/G ratio of 4.63 and a beta of 1.23.

SAP (NYSE:SAP) last released its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, equities research analysts predict that SAP SE will post 6.55 EPS for the current fiscal year.

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.