The fund owned 15,046 shares of the company's stock after buying an additional 2,141 shares during the period. Daiwa Securities Group Inc. raised its position in Sabre Corporation by 10.9% in the third quarter. This showed the surprise of -12.9% in the last quarter earnings. IMS Capital Management raised its position in Sabre Corp by 2.9% in the third quarter. Capital World Investors now owns 19,383,234 shares of the company's stock valued at $546,220,000 after buying an additional 18,460,386 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Vulcan Value Partners LLC boosted its position in Sabre Corp by 3.1% in the fourth quarter. The bigger the return, the more efficient management is in utilizing its asset base. Nisa Investment Advisors LLC now owns 5,300 shares of the company's stock valued at $149,000 after buying an additional 4,300 shares during the last quarter.
SABRE CORP (NASDAQ:SABR) share price increased in the last trading session with a previous 52-week high of $29.15. The stock had a trading volume of 1,675,395 shares. They now have a United States dollars 29 price target on the stock. The stock has a market cap of $5.84 billion, a PE ratio of 24.51 and a beta of 0.85. The stock's price moved down its 200-day moving average of $24.13. This showed the surprise of 3.4% in the last quarter earnings. The business had revenue of $829.60 million for the quarter, compared to analysts' expectations of $828.45 million. The business's revenue for the quarter was up 9.4% compared to the same quarter previous year.
Maximum and minimum EPS estimate for the current quarter is projected at $0.39 and $0.33, respectively, according to 10 analysts.
Analysts await Sabre Corp (NASDAQ:SABR) to report earnings on April, 27.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 30th. The ex-dividend date was Friday, March 17th. Cibc Asset has invested 0% in Sabre Corp (NASDAQ:SABR). This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.66%. Sabre Corp's payout ratio is presently 61.18%.
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SABR has been the topic of several analyst reports. Sabre Corp now has an average rating of "Buy" and a consensus price target of $30.29. Mizuho lowered their price target on shares of Sabre Corporation from $32.00 to $30.00 and set a buy rating for the company in a research report on Thursday, November 3rd.
Sabre Corporation was downgraded to "equal-weight" by analysts at Morgan Stanley. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. Buy rating has been given by 0 analysts to the company stock whereas 4 analysts given UNDERPERFORM rating to stock and 11 analysts given HOLD rating. The stock rose 0.24% or $0.5 reaching $212.3 per share. The shares were sold at an average price of $21.03, for a total transaction of $438,202.11. Following the transaction, the chief executive officer now owns 513,018 shares of the company's stock, valued at approximately $13,323,077.46. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3,366,866 shares of the stock were exchanged.
The stock added in the prior trading session by 0.99%, closing at the stock price of $22.42. Following the transaction, the insider now owns 192,065 shares in the company, valued at $4,254,239.75. On Wednesday, September 28 the stock rating was initiated by Sandler O'Neill with "Hold". Company insiders own 1.80% of the company's stock.
Sabre Corporation (SABR) belongs to the "Technology" sector with an industry focus on "Information Technology Services", with Mr. Lawrence W. Kellner as Non-Exec.
While there are a number of profitability ratios that measure a company's ability to generate profit from the sales or services it provides, one of the most important is the net profit margin. The Firm operates through two business divisions: Travel Network, and Airline and Hospitality Solutions.