SAP SE (NYSE:SAP) Shares Purchased by DGS Capital Management LLC

DGS Capital Management LLC lifted its position in SAP SE (NYSE:SAP) by 14.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,226 shares of the software maker’s stock after acquiring an additional 153 shares during the quarter. DGS Capital Management LLC’s holdings in SAP were worth $302,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new position in SAP in the third quarter worth $25,000. Albion Financial Group UT lifted its position in shares of 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 buying an additional 71 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of SAP in the 3rd quarter valued at about $42,000. Prospera Private Wealth LLC bought a new stake in shares of SAP during the 3rd quarter valued at about $47,000. Finally, Financial Management Professionals Inc. raised its stake in SAP by 104.0% during the fourth quarter. Financial Management Professionals Inc. now owns 202 shares of the software maker’s stock worth $50,000 after acquiring an additional 103 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SAP. JMP Securities lifted their target price on SAP from $245.00 to $300.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 22nd. TD Cowen upgraded SAP from a “hold” rating to a “buy” rating and upped their price objective for the stock from $240.00 to $305.00 in a research note on Friday, January 17th. Barclays increased their target price on SAP from $275.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday. BMO Capital Markets boosted their price target on shares of SAP from $248.00 to $265.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Finally, Kepler Capital Markets raised shares of SAP from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Eleven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $264.50.

SAP Price Performance

Shares of SAP opened at $276.41 on Friday. SAP SE has a one year low of $172.32 and a one year high of $277.36. The stock’s fifty day moving average is $249.60 and its 200-day moving average is $230.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market capitalization of $339.56 billion, a price-to-earnings ratio of 110.56, a price-to-earnings-growth ratio of 3.89 and a beta of 1.22.

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.