Sabre Corp (SABR) Shares Sold by Lincoln Capital LLC

Lincoln Capital LLC cut its stake in Sabre Corp (NASDAQ:SABR) by 89.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 19,246 shares of the information technology services provider’s stock after selling 155,668 shares during the period. Lincoln Capital LLC’s holdings in Sabre were worth $395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Toronto Dominion Bank grew 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 buying an additional 254 shares during the period. GSA Capital Partners LLP grew 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 buying an additional 1,080 shares during the period. Advisor Group Inc. grew its position in Sabre by 55.6% during the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock valued at $121,000 after buying an additional 2,029 shares during the period. Verition Fund Management LLC grew its position in Sabre by 10.4% during the second quarter. Verition Fund Management LLC now owns 26,118 shares of the information technology services provider’s stock valued at $569,000 after buying an additional 2,467 shares during the period. Finally, Retirement Systems of Alabama grew its position in Sabre by 1.4% during the third quarter. Retirement Systems of Alabama now owns 269,112 shares of the information technology services provider’s stock valued at $4,871,000 after buying an additional 3,820 shares during the period.

Shares of Sabre Corp (NASDAQ SABR) traded up $0.21 during trading hours on Wednesday, reaching $20.74. 1,876,100 shares of the company’s stock traded hands, compared to its average volume of 2,286,870. 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 Corp has a twelve month low of $17.30 and a twelve month high of $25.12. The stock has a market capitalization of $5,642.09, a P/E ratio of 30.96, a P/E/G ratio of 4.87 and a beta of 0.76.

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

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Thursday, December 21st were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.70%. The ex-dividend date was Wednesday, December 20th. Sabre’s dividend payout ratio is currently 83.58%.

Several analysts recently issued reports on SABR shares. Zacks Investment Research lowered shares of Sabre from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Evercore ISI lowered shares of Sabre from an “outperform” rating to an “underperform” rating in a research report on Friday, January 5th. TheStreet upgraded shares of Sabre from a “c” rating to a “b-” rating in a research report on Monday, November 27th. Deutsche Bank restated a “buy” rating and set a $22.00 target price (down from $25.00) on shares of Sabre in a research report on Monday, October 9th. Finally, Cowen set a $23.00 target price on shares of Sabre and gave the company a “buy” rating in a research report on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $22.67.

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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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Institutional Ownership by Quarter for Sabre (NASDAQ:SABR)

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