Institutional Investors Are Crazy About Sabre Corp (NASDAQ:SABR)

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Sentiment for Sabre Corp (NASDAQ:SABR)

Sabre Corp (NASDAQ:SABR) institutional sentiment increased to 1.5 in 2018 Q4. Its up 0.18, from 1.32 in 2018Q3. The ratio has increased, as 181 active investment managers increased and opened new holdings, while 121 cut down and sold holdings in Sabre Corp. The active investment managers in our partner’s database now possess: 243.22 million shares, down from 252.43 million shares in 2018Q3. Also, the number of active investment managers holding Sabre Corp in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 30 Reduced: 91 Increased: 120 New Position: 61.

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The company has market cap of $5.88 billion. It operates through two divisions, Travel Network, and Airline and Hospitality Solutions. It has a 17.56 P/E ratio. The Travel Network segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.

The stock decreased 0.70% or $0.15 during the last trading session, reaching $21.35. About 3.62M shares traded or 72.33% up from the average. Sabre Corporation (NASDAQ:SABR) has declined 1.72% since March 17, 2018 and is downtrending. It has underperformed by 6.09% the S&P500.

Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on May, 7. They expect $0.26 EPS, down 33.33 % or $0.13 from last year’s $0.39 per share. SABR’s profit will be $71.64M for 20.53 P/E if the $0.26 EPS becomes a reality. After $0.33 actual EPS reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -21.21 % negative EPS growth.

M.D. Sass Investors Services Inc. holds 4.58% of its portfolio in Sabre Corporation for 1.25 million shares. Burgundy Asset Management Ltd. owns 18.28 million shares or 4.22% of their US portfolio. Moreover, Sound Shore Management Inc Ct has 3.55% invested in the company for 7.96 million shares. The California-based Causeway Capital Management Llc has invested 3.5% in the stock. Element Capital Management Llc, a New York-based fund reported 5.67 million shares.

Sabre Corporation (NASDAQ:SABR) Ratings Coverage

Ratings analysis reveals 0 of Sabre’s analysts are positive. Out of 4 Wall Street analysts rating Sabre, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $18 while the high is $27. The stock’s average target of $22.50 is 5.39% above today’s ($21.35) share price. SABR was included in 4 notes of analysts from October 31, 2018. The stock of Sabre Corporation (NASDAQ:SABR) has “Market Perform” rating given on Thursday, February 14 by Bernstein. The firm earned “Equal-Weight” rating on Wednesday, October 31 by Morgan Stanley. The stock of Sabre Corporation (NASDAQ:SABR) earned “Hold” rating by Deutsche Bank on Thursday, December 13.

More notable recent Sabre Corporation (NASDAQ:SABR) news were published by: Nasdaq.com which released: “Sabre (SABR) Down 7.6% Since Last Earnings Report: Can It Rebound? – Nasdaq” on March 14, 2019, also Prnewswire.com with their article: “Sabre tackles the airline industry’s toughest retailing challenges from NDC to tomorrow’s storefront – PRNewswire” published on March 04, 2019, Nasdaq.com published: “Sabre Enters Oversold Territory (SABR) – Nasdaq” on December 20, 2018. More interesting news about Sabre Corporation (NASDAQ:SABR) were released by: Nasdaq.com and their article: “SABR vs. RNG: Which Stock Is the Better Value Option? – Nasdaq” published on February 13, 2019 as well as Gurufocus.com‘s news article titled: “Weekly Top Insider Buys Highlight for the Week of Feb. 22 – GuruFocus.com” with publication date: February 23, 2019.

Sabre Corporation (NASDAQ:SABR) Institutional Positions Chart

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