Vestmark Advisory Solutions Inc. Has $2.30 Million Position in SAP SE (NYSE:SAP)

Vestmark Advisory Solutions Inc. boosted its position in SAP SE (NYSE:SAP) by 78.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,869 shares of the software maker’s stock after buying an additional 6,528 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in SAP were worth $2,299,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Argonautica Private Wealth Management Inc. lifted its position in shares of SAP by 2.6% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 2,509 shares of the software maker’s stock worth $388,000 after purchasing an additional 63 shares in the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of SAP by 5.1% during the 4th quarter. Contravisory Investment Management Inc. now owns 1,437 shares of the software maker’s stock worth $222,000 after buying an additional 70 shares during the last quarter. Blue Trust Inc. increased its position in shares of SAP by 5.8% in the fourth quarter. Blue Trust Inc. now owns 1,361 shares of the software maker’s stock valued at $210,000 after acquiring an additional 75 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in SAP by 1.8% during the third quarter. Axxcess Wealth Management LLC now owns 4,586 shares of the software maker’s stock worth $593,000 after acquiring an additional 79 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in SAP by 18.6% during the fourth quarter. Global Retirement Partners LLC now owns 630 shares of the software maker’s stock valued at $99,000 after purchasing an additional 99 shares during the last quarter.

SAP Trading Up 1.6 %

NYSE SAP traded up $2.81 on Friday, reaching $183.45. The stock had a trading volume of 377,178 shares, compared to its average volume of 906,032. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a fifty day moving average of $188.24 and a two-hundred day moving average of $167.58. SAP SE has a 1-year low of $126.75 and a 1-year high of $199.29.

SAP Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 17th will be given a dividend of $2.3852 per share. This represents a yield of 0.9%. This is a positive change from SAP’s previous annual dividend of $2.19. The ex-dividend date is Thursday, May 16th. SAP’s dividend payout ratio (DPR) is currently 34.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SAP shares. KeyCorp started coverage on SAP in a research note on Thursday, March 21st. They set an “overweight” rating on the stock. StockNews.com lowered shares of SAP from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 18th. Jefferies Financial Group upgraded SAP from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BMO Capital Markets boosted their price target on SAP from $215.00 to $218.00 and gave the stock a “market perform” rating in a research report on Friday, April 26th. Finally, JMP Securities raised their price objective on SAP from $204.00 to $220.00 and gave the company a “market outperform” rating in a research report on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $206.20.

SAP 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.