Xponance Inc. Has $371,000 Holdings in SAP SE (NYSE:SAP)

Xponance Inc. boosted its holdings in SAP SE (NYSE:SAP) by 5.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,507 shares of the software maker’s stock after purchasing an additional 72 shares during the quarter. Xponance Inc.’s holdings in SAP were worth $371,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SAP. Fisher Asset Management LLC grew its stake in SAP by 8.6% during the fourth quarter. Fisher Asset Management LLC now owns 5,118,138 shares of the software maker’s stock worth $1,260,137,000 after buying an additional 403,956 shares in the last quarter. WCM Investment Management LLC acquired a new stake in shares of SAP during the 4th quarter worth approximately $290,023,000. Raymond James Financial Inc. bought a new position in SAP in the fourth quarter valued at approximately $150,668,000. Principal Financial Group Inc. increased its stake in SAP by 0.8% in the third quarter. Principal Financial Group Inc. now owns 611,572 shares of the software maker’s stock valued at $140,111,000 after acquiring an additional 4,775 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in SAP by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 548,469 shares of the software maker’s stock valued at $125,654,000 after purchasing an additional 7,667 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SAP. Royal Bank of Canada reiterated an “outperform” rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. JMP Securities boosted their target price on SAP from $300.00 to $330.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 29th. Kepler Capital Markets upgraded shares of SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. BMO Capital Markets upped their price objective on shares of SAP from $265.00 to $307.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Finally, Barclays boosted their target price on shares of SAP from $283.00 to $286.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $248.83.

SAP Price Performance

SAP stock opened at $267.82 on Thursday. The company has a market capitalization of $329.01 billion, a P/E ratio of 93.32, a PEG ratio of 4.71 and a beta of 1.25. The company has a fifty day moving average price of $276.82 and a 200-day moving average price of $250.97. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a 52-week low of $175.08 and a 52-week high of $293.70.

SAP (NYSE:SAP) last announced its earnings results 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%. As a group, equities analysts expect that SAP SE will post 6.55 EPS for the current 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.