Traders Sell Shares of Sabre (SABR) on Strength (SABR)

Traders sold shares of Sabre Corp (NASDAQ:SABR) on strength during trading on Wednesday. $7.56 million flowed into the stock on the tick-up and $26.39 million flowed out of the stock on the tick-down, for a money net flow of $18.83 million out of the stock. Of all equities tracked, Sabre had the 29th highest net out-flow for the day. Sabre traded up $0.42 for the day and closed at $23.53

A number of research analysts have recently commented on SABR shares. TheStreet raised Sabre from a “c” rating to a “b-” rating in a research note on Monday, November 27th. Mizuho reaffirmed a “buy” rating and set a $25.00 target price on shares of Sabre in a research note on Thursday, January 25th. Zacks Investment Research raised Sabre from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research note on Saturday, February 3rd. Oppenheimer reaffirmed a “buy” rating and set a $24.00 target price on shares of Sabre in a research note on Wednesday, November 1st. Finally, BidaskClub raised Sabre from a “strong sell” rating to a “sell” rating in a research note on Saturday. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Sabre has a consensus rating of “Hold” and an average price target of $22.67.

The firm has a market cap of $6,383.62, a P/E ratio of 26.74, a PEG ratio of 5.58 and a beta of 0.72. The company has a debt-to-equity ratio of 4.87, a current ratio of 0.99 and a quick ratio of 0.89.

Sabre (NASDAQ:SABR) last announced its quarterly earnings data on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.10. Sabre had a return on equity of 53.65% and a net margin of 6.74%. The company had revenue of $881.90 million for the quarter, compared to analysts’ expectations of $863.54 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. Sabre’s revenue was up 6.3% compared to the same quarter last year. research analysts expect that Sabre Corp will post 1.16 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, March 21st will be paid a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, March 20th. This represents a $0.56 annualized dividend and a yield of 2.38%. Sabre’s dividend payout ratio (DPR) is currently 63.64%.

Large investors have recently made changes to their positions in the stock. Advisor Group Inc. grew its stake in 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 in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Sabre in the fourth quarter worth approximately $169,000. Toronto Dominion Bank grew its stake in Sabre by 39.8% in the fourth quarter. Toronto Dominion Bank now owns 12,318 shares of the information technology services provider’s stock worth $253,000 after purchasing an additional 3,509 shares in the last quarter. Meadow Creek Investment Management LLC grew its stake in Sabre by 25.6% in the fourth quarter. Meadow Creek Investment Management LLC now owns 12,384 shares of the information technology services provider’s stock worth $254,000 after purchasing an additional 2,528 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new position in Sabre in the third quarter worth approximately $304,000.

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Sabre Company Profile

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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