DSAM Partners London Ltd purchased a new position in Sabre Corp (NASDAQ:SABR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 764,412 shares of the information technology services provider’s stock, valued at approximately $15,670,000. Sabre comprises 2.6% of DSAM Partners London Ltd’s investment portfolio, making the stock its 15th biggest position. DSAM Partners London Ltd owned 0.28% of Sabre as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. IFG Advisory LLC purchased a new position in shares of Sabre in the fourth quarter worth $321,000. Advisor Group Inc. raised its stake in shares of Sabre by 55.6% in the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock worth $121,000 after purchasing an additional 2,029 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Sabre in the fourth quarter worth $169,000. Citigroup Inc. increased its position in Sabre by 98.9% during the second quarter. Citigroup Inc. now owns 9,521 shares of the information technology services provider’s stock valued at $207,000 after acquiring an additional 4,734 shares during the last quarter. Finally, Toronto Dominion Bank increased its position in Sabre by 2.1% during the second quarter. Toronto Dominion Bank now owns 12,444 shares of the information technology services provider’s stock valued at $272,000 after acquiring an additional 254 shares during the last quarter.
Sabre Corp (NASDAQ:SABR) traded down $0.13 during trading hours on Wednesday, reaching $19.13. The company’s stock had a trading volume of 2,648,700 shares, compared to its average volume of 2,270,277. Sabre Corp has a twelve month low of $17.30 and a twelve month high of $25.01. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 5.29. The company has a market capitalization of $5,293.07, a price-to-earnings ratio of 28.55, a PEG ratio of 4.62 and a beta of 0.72.
Sabre (NASDAQ:SABR) last released its quarterly earnings results on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.10. Sabre had a return on equity of 53.97% and a net margin of 5.22%. The business had revenue of $881.90 million during the quarter, compared to analyst estimates of $863.54 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. Sabre’s revenue for the quarter was up 6.3% on a year-over-year basis. equities analysts anticipate that Sabre Corp will post 1.22 earnings per share for the current year.
A number of research firms recently commented on SABR. Zacks Investment Research cut Sabre from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. Mizuho reiterated a “buy” rating and set a $25.00 price objective on shares of Sabre in a research report on Thursday, January 25th. Evercore ISI cut Sabre from an “outperform” rating to an “underperform” rating in a research report on Friday, January 5th. TheStreet upgraded Sabre from a “c” rating to a “b-” rating in a research report on Monday, November 27th. Finally, Oppenheimer reiterated a “buy” rating and set a $24.00 price objective on shares of Sabre in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. Sabre currently has a consensus rating of “Hold” and an average price target of $22.67.
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Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.
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