Tudor Investment Corp ET AL raised its stake in shares of Sabre Corporation (NASDAQ:SABR) by 115.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,015 shares of the information technology services provider’s stock after buying an additional 77,814 shares during the quarter. Tudor Investment Corp ET AL owned about 0.05% of Sabre Corporation worth $3,157,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in SABR. Russell Investments Group Ltd. grew its holdings in Sabre Corporation by 186.4% during the 1st quarter. Russell Investments Group Ltd. now owns 38,681 shares of the information technology services provider’s stock valued at $819,000 after buying an additional 25,174 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Sabre Corporation by 4.1% during the 1st quarter. Bank of New York Mellon Corp now owns 1,142,485 shares of the information technology services provider’s stock valued at $24,209,000 after buying an additional 45,138 shares during the last quarter. Comerica Bank grew its holdings in Sabre Corporation by 8.4% during the 1st quarter. Comerica Bank now owns 28,611 shares of the information technology services provider’s stock valued at $670,000 after buying an additional 2,217 shares during the last quarter. Karp Capital Management Corp acquired a new stake in Sabre Corporation during the 1st quarter valued at $226,000. Finally, Sei Investments Co. grew its holdings in Sabre Corporation by 46.6% during the 1st quarter. Sei Investments Co. now owns 115,512 shares of the information technology services provider’s stock valued at $2,448,000 after buying an additional 36,725 shares during the last quarter.

A number of equities research analysts have commented on SABR shares. Zacks Investment Research upgraded Sabre Corporation from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Friday, June 9th. Jefferies Group LLC upgraded Sabre Corporation from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Tuesday, August 15th. Mizuho reiterated a “buy” rating and set a $25.00 target price (down previously from $27.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. TheStreet cut Sabre Corporation from a “b” rating to a “c” rating in a report on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) cut Sabre Corporation from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $25.00 to $20.00 in a report on Monday, September 11th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $23.22.

In other Sabre Corporation news, insider Hugh W. Jones sold 36,100 shares of Sabre Corporation stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $20.12, for a total transaction of $726,332.00. Following the transaction, the insider now directly owns 82,600 shares in the company, valued at approximately $1,661,912. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Judson Wade Jones sold 3,822 shares of Sabre Corporation stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $17.92, for a total transaction of $68,490.24. Following the transaction, the insider now owns 31,726 shares in the company, valued at $568,529.92. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

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Sabre Corporation (SABR) traded down 1.09% during midday trading on Friday, hitting $18.10. The stock had a trading volume of 1,251,426 shares. The firm has a 50 day moving average price of $18.33 and a 200 day moving average price of $21.33. The stock has a market cap of $5.04 billion, a PE ratio of 38.19 and a beta of 0.74. Sabre Corporation has a one year low of $17.30 and a one year high of $28.42.

Sabre Corporation (NASDAQ:SABR) last posted its quarterly earnings data on Tuesday, August 1st. The information technology services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. Sabre Corporation had a net margin of 3.87% and a return on equity of 46.16%. The firm had revenue of $900.66 million for the quarter, compared to analysts’ expectations of $895.05 million. During the same period in the previous year, the company posted $0.37 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities analysts expect that Sabre Corporation will post $1.35 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, September 21st were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend was Wednesday, September 20th. Sabre Corporation’s payout ratio is 116.67%.

Sabre Corporation 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 Corporation (NASDAQ:SABR)

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