Quantbot Technologies LP Purchases 63,984 Shares of Sabre Corporation (SABR)

Quantbot Technologies LP boosted its position in shares of Sabre Corporation (NASDAQ:SABR) by 215.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 93,724 shares of the information technology services provider’s stock after purchasing an additional 63,984 shares during the quarter. Quantbot Technologies LP’s holdings in Sabre Corporation were worth $1,696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in SABR. Creative Planning increased its stake in shares of Sabre Corporation by 4.7% in the 2nd quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock valued at $100,000 after acquiring an additional 205 shares during the last quarter. Advisor Group Inc. increased its stake in shares of Sabre Corporation by 55.6% in the 2nd quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock valued at $121,000 after acquiring an additional 2,029 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Sabre Corporation by 21.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,200 shares of the information technology services provider’s stock valued at $135,000 after acquiring an additional 1,100 shares during the last quarter. Neuberger Berman Group LLC bought a new stake in shares of Sabre Corporation in the 2nd quarter valued at about $203,000. Finally, Parametrica Management Ltd bought a new stake in shares of Sabre Corporation in the 2nd quarter valued at about $206,000.

Sabre Corporation (SABR) opened at $19.50 on Friday. The company has a debt-to-equity ratio of 5.29, a current ratio of 0.89 and a quick ratio of 0.89. Sabre Corporation has a 12-month low of $17.30 and a 12-month high of $27.35. The stock has a market capitalization of $5,359.03, a P/E ratio of 15.48, a P/E/G ratio of 4.71 and a beta of 0.76.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, December 21st will be given a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, December 20th. This represents a $0.56 annualized dividend and a dividend yield of 2.87%. Sabre Corporation’s dividend payout ratio is presently 83.58%.

A number of analysts have recently commented on SABR shares. Mizuho reaffirmed a “buy” rating and issued a $25.00 price target (down from $27.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. Cowen and Company reaffirmed an “outperform” rating and issued a $23.00 price target (down from $26.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $24.00 price target (down from $27.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. TheStreet cut Sabre Corporation from a “b” rating to a “c” rating in a research note on Tuesday, August 1st. Finally, Bank of America Corporation cut Sabre Corporation from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $24.00 to $18.00 in a research note on Monday, August 7th. Two 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. Sabre Corporation currently has an average rating of “Hold” and a consensus target price of $22.63.

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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.

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Institutional Ownership by Quarter for Sabre Corporation (NASDAQ:SABR)

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