Keystone Investors PTE Ltd. Has $794,000 Stake in SAP SE (NYSE:SAP)

Keystone Investors PTE Ltd. lessened its stake in shares of SAP SE (NYSE:SAP) by 98.0% during the 4th quarter, HoldingsChannel reports. The firm owned 3,224 shares of the software maker’s stock after selling 158,255 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in SAP were worth $794,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of SAP. Centricity Wealth Management LLC bought a new position in shares of SAP in the fourth quarter worth about $25,000. Union Bancaire Privee UBP SA acquired a new position in SAP during the 4th quarter valued at $27,000. Rakuten Securities Inc. boosted its holdings in SAP by 2,700.0% in the 4th quarter. Rakuten Securities Inc. now owns 112 shares of the software maker’s stock valued at $28,000 after purchasing an additional 108 shares during the period. Albion Financial Group UT grew its position 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 purchasing an additional 71 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of SAP during the third quarter valued at about $42,000.

SAP Trading Up 1.1 %

NYSE SAP opened at $275.61 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The stock’s 50-day moving average is $276.16 and its 200-day moving average is $250.37. SAP SE has a one year low of $175.08 and a one year high of $293.70. The firm has a market cap of $338.59 billion, a P/E ratio of 96.03, a P/E/G ratio of 4.71 and a beta of 1.25.

SAP (NYSE:SAP) last released its quarterly 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%. Sell-side analysts anticipate that SAP SE will post 6.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SAP has been the topic of several research reports. Kepler Capital Markets upgraded SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. 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 note on Wednesday, January 29th. TD Cowen raised SAP from a “hold” rating to a “buy” rating and increased their target price for the stock from $240.00 to $305.00 in a report on Friday, January 17th. JMP Securities raised their price objective on shares of SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Finally, Barclays boosted their price objective 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. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average 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.