Tredje AP fonden decreased its stake in shares of Sabre Corp (NASDAQ:SABR) by 67.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,940 shares of the information technology services provider’s stock after selling 16,630 shares during the quarter. Tredje AP fonden’s holdings in Sabre were worth $144,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Creative Planning lifted its position in Sabre by 4.7% during the second quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock valued at $100,000 after purchasing an additional 205 shares during the last quarter. Toronto Dominion Bank lifted 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 purchasing an additional 254 shares during the last quarter. Utah Retirement Systems lifted its position in Sabre by 1.1% during the second quarter. Utah Retirement Systems now owns 38,100 shares of the information technology services provider’s stock valued at $830,000 after purchasing an additional 400 shares during the last quarter. GSA Capital Partners LLP lifted its position in Sabre by 6.9% during the second quarter. GSA Capital Partners LLP now owns 16,780 shares of the information technology services provider’s stock valued at $365,000 after purchasing an additional 1,080 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its position in Sabre by 21.6% during the second quarter. Daiwa Securities Group Inc. now owns 6,200 shares of the information technology services provider’s stock valued at $135,000 after purchasing an additional 1,100 shares during the last quarter.

Several equities analysts have commented on the stock. Jefferies Group upgraded shares of Sabre from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, August 15th. TheStreet upgraded shares of Sabre from a “c” rating to a “b-” rating in a research report on Monday, November 27th. Zacks Investment Research upgraded shares of Sabre from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Oppenheimer reiterated a “buy” rating and set a $24.00 price objective on shares of Sabre in a research report on Wednesday, November 1st. Finally, Cowen set a $23.00 target price on shares of Sabre and gave the stock a “buy” rating in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $22.63.

Shares of Sabre Corp (SABR) opened at $19.30 on Monday. The stock has a market cap of $5,304.06, a PE ratio of 15.32, a PEG ratio of 4.66 and a beta of 0.76. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 5.29. Sabre Corp has a twelve month low of $17.30 and a twelve month high of $27.35.

Sabre (NASDAQ:SABR) last released its earnings results on Tuesday, October 31st. The information technology services provider reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.07. The firm had revenue of $900.60 million during the quarter, compared to analyst estimates of $884.04 million. Sabre had a net margin of 5.22% and a return on equity of 53.97%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business earned $0.27 EPS. research analysts expect that Sabre Corp will post 1.22 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Thursday, December 21st will be issued a $0.14 dividend. The ex-dividend date is Wednesday, December 20th. This represents a $0.56 annualized dividend and a dividend yield of 2.90%. Sabre’s dividend payout ratio (DPR) is presently 83.58%.

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Sabre 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.

Institutional Ownership by Quarter for Sabre (NASDAQ:SABR)

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