Nomura cut SAP holdings sharply, but Wellington invested $163.63M, as SAP faces earnings challenges.

Nomura Asset Management reduced its holdings in SAP SE by 78.8% in the fourth quarter, selling 16,490 shares, leaving it with 4,430 shares valued at $1,091,000. Despite slight earnings disappointment, SAP, a major software company with a market cap of $333.37 billion, saw Wellington Management invest $163.63 million in its shares during the same period. Analysts predict SAP will report 6.55 EPS for the current fiscal year.

3 days ago
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