Holistic Financial Partners Sells 41 Shares of SAP SE (NYSE:SAP)

Holistic Financial Partners lessened its position in SAP SE (NYSE:SAP) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 846 shares of the software maker’s stock after selling 41 shares during the quarter. Holistic Financial Partners’ holdings in SAP were worth $208,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Centricity Wealth Management LLC bought a new position in SAP in the 4th quarter worth $25,000. Union Bancaire Privee UBP SA bought a new position in SAP in the 4th quarter worth $27,000. Albion Financial Group UT raised its holdings in SAP by 122.4% in the 4th quarter. Albion Financial Group UT now owns 129 shares of the software maker’s stock worth $32,000 after acquiring an additional 71 shares during the period. Brooklyn Investment Group bought a new position in SAP in the 3rd quarter worth $42,000. Finally, Prospera Private Wealth LLC bought a new position in SAP in the 3rd quarter worth $47,000.

SAP Price Performance

Shares of SAP stock opened at $282.87 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. The firm’s 50-day simple moving average is $265.88 and its 200-day simple moving average is $241.73. SAP SE has a twelve month low of $175.08 and a twelve month high of $293.70. The firm has a market cap of $347.50 billion, a P/E ratio of 98.56, a price-to-earnings-growth ratio of 4.71 and a beta of 1.23.

SAP (NYSE:SAP) last issued its earnings results on Tuesday, January 28th. The software maker reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a net margin of 9.17% and a return on equity of 12.18%. As a group, research analysts expect that SAP SE will post 6.55 EPS for the current fiscal year.

Analyst Ratings Changes

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

About SAP

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.