SAP SE (SAP) Shares Bought by Comerica Securities Inc.

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Comerica Securities Inc. grew its holdings in SAP SE (NYSE:SAP) by 40.6% during the 4th quarter, Holdings Channel reports. The firm owned 4,263 shares of the software maker’s stock after acquiring an additional 1,231 shares during the quarter. Comerica Securities Inc.’s holdings in SAP were worth $424,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CWM LLC grew its position in shares of SAP by 262.5% in the fourth quarter. CWM LLC now owns 406 shares of the software maker’s stock valued at $40,000 after purchasing an additional 294 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of SAP in the fourth quarter valued at about $44,000. Lavaca Capital LLC acquired a new stake in shares of SAP in the fourth quarter valued at about $44,000. Taylor Hoffman Wealth Management grew its position in shares of SAP by 68.0% in the fourth quarter. Taylor Hoffman Wealth Management now owns 840 shares of the software maker’s stock valued at $83,000 after purchasing an additional 340 shares during the last quarter. Finally, We Are One Seven LLC acquired a new stake in shares of SAP in the fourth quarter valued at about $101,000. 4.47% of the stock is currently owned by institutional investors.

Several equities research analysts have recently issued reports on SAP shares. Royal Bank of Canada reaffirmed a “neutral” rating on shares of SAP in a research report on Thursday, October 18th. DZ Bank reaffirmed a “buy” rating on shares of SAP in a research report on Thursday, October 18th. ValuEngine downgraded SAP from a “buy” rating to a “hold” rating in a research report on Thursday, October 18th. Barclays lowered their price target on SAP from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Friday, October 19th. Finally, UBS Group raised SAP from a “neutral” rating to a “buy” rating in a research report on Monday, October 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $109.00.

SAP stock opened at $105.26 on Thursday. SAP SE has a twelve month low of $94.81 and a twelve month high of $127.16. The stock has a market cap of $127.80 billion, a P/E ratio of 23.24, a PEG ratio of 2.20 and a beta of 1.01. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.13 and a current ratio of 1.59.

SAP (NYSE:SAP) last released its earnings results on Tuesday, January 29th. The software maker reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.10). SAP had a return on equity of 16.47% and a net margin of 16.44%. The firm had revenue of $7.43 billion for the quarter, compared to analyst estimates of $7.22 billion. During the same period last year, the business earned $1.77 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, sell-side analysts predict that SAP SE will post 5.02 earnings per share for the current fiscal year.

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About SAP

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Institutional Ownership by Quarter for SAP (NYSE:SAP)

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