Werba Rubin Papier Wealth Management Boosts Stake in SAP SE (NYSE:SAP)

Werba Rubin Papier Wealth Management increased its holdings in shares of SAP SE (NYSE:SAP) by 17.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,453 shares of the software maker’s stock after acquiring an additional 220 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in SAP were worth $333,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. LRI Investments LLC acquired a new stake in shares of SAP in the first quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new position in shares of SAP during the 1st quarter worth $25,000. POM Investment Strategies LLC boosted its position in shares of SAP by 892.3% during the 2nd quarter. POM Investment Strategies LLC now owns 129 shares of the software maker’s stock valued at $26,000 after acquiring an additional 116 shares during the last quarter. Crewe Advisors LLC boosted its position in shares of SAP by 1,270.0% during the 2nd quarter. Crewe Advisors LLC now owns 137 shares of the software maker’s stock valued at $28,000 after acquiring an additional 127 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in SAP during the first quarter worth about $29,000.

SAP Price Performance

SAP stock opened at $230.44 on Friday. The business’s fifty day moving average price is $221.38 and its 200 day moving average price is $203.42. SAP SE has a 12-month low of $130.08 and a 12-month high of $232.23. The company has a market capitalization of $283.10 billion, a PE ratio of 49.99, a P/E/G ratio of 4.46 and a beta of 1.25. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.17.

SAP (NYSE:SAP) last issued its quarterly earnings results on Monday, July 22nd. The software maker reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. The business had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.25 billion. SAP had a net margin of 7.74% and a return on equity of 10.98%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. On average, sell-side analysts anticipate that SAP SE will post 4.78 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Barclays boosted their target price on shares of SAP from $251.00 to $252.00 and gave the company an “overweight” rating in a report on Monday, September 30th. TD Cowen upped their price objective on SAP from $188.00 to $214.00 and gave the company a “hold” rating in a report on Tuesday, July 23rd. JMP Securities raised their target price on SAP from $220.00 to $245.00 and gave the stock a “market outperform” rating in a research note on Tuesday, July 23rd. BMO Capital Markets lowered SAP from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 15th. Finally, Argus upgraded SAP from a “hold” rating to a “buy” rating in a report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, SAP currently has a consensus rating of “Moderate Buy” and an average price target of $232.17.

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.