XY Capital Ltd Makes New $2.04 Million Investment in SAP SE $SAP

XY Capital Ltd purchased a new position in shares of SAP SE (NYSE:SAP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,614 shares of the software maker’s stock, valued at approximately $2,035,000. SAP accounts for about 1.1% of XY Capital Ltd’s investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors have also modified their holdings of the company. First PREMIER Bank acquired a new position in shares of SAP in the 3rd quarter valued at approximately $25,000. Retirement Wealth Solutions LLC raised its holdings in SAP by 246.4% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock worth $26,000 after buying an additional 69 shares during the period. Abich Financial Wealth Management LLC bought a new position in SAP in the third quarter valued at approximately $27,000. Copia Wealth Management acquired a new position in shares of SAP in the third quarter valued at approximately $28,000. Finally, Guerra Advisors Inc bought a new stake in shares of SAP during the third quarter worth $31,000.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SAP shares. Citigroup lowered shares of SAP from a “buy” rating to a “hold” rating in a research note on Friday, January 30th. Barclays set a $283.00 price target on SAP in a report on Monday, February 2nd. Wall Street Zen cut SAP from a “buy” rating to a “hold” rating in a research report on Tuesday, February 24th. TD Cowen reissued a “buy” rating on shares of SAP in a research report on Friday, January 30th. Finally, BMO Capital Markets restated an “outperform” rating on shares of SAP in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $305.75.

SAP Trading Down 0.3%

Shares of NYSE:SAP opened at $189.96 on Friday. The stock has a market capitalization of $233.37 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 2.12 and a beta of 1.18. The company’s 50-day moving average price is $213.55 and its two-hundred day moving average price is $242.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.16 and a quick ratio of 1.16. SAP SE has a one year low of $187.93 and a one year high of $313.28.

SAP (NYSE:SAP) last released its earnings results on Thursday, January 29th. The software maker reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.13. SAP had a return on equity of 16.54% and a net margin of 19.92%.The business had revenue of $11.36 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the previous year, the business earned $1.40 earnings per share. SAP’s quarterly revenue was up 3.3% on a year-over-year basis. On average, equities analysts forecast that SAP SE will post 6.55 EPS for the current fiscal year.

About SAP

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.