33,714 Shares in Sabre Co. (NASDAQ:SABRP) Bought by Fir Tree Capital Management LP

Fir Tree Capital Management LP acquired a new position in shares of Sabre Co. (NASDAQ:SABRPGet Rating) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 33,714 shares of the company’s stock, valued at approximately $4,908,000.

Separately, Wolverine Asset Management LLC lifted its position in shares of Sabre by 10.5% during the 1st quarter. Wolverine Asset Management LLC now owns 220,001 shares of the company’s stock worth $32,071,000 after buying an additional 20,888 shares during the last quarter.

Sabre Stock Up 2.7 %

Sabre stock opened at $90.88 on Tuesday. Sabre Co. has a 12 month low of $77.52 and a 12 month high of $160.84. The company has a 50-day moving average price of $92.16.

Sabre Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Monday, August 15th were given a $1.625 dividend. The ex-dividend date was Friday, August 12th. This represents a $6.50 annualized dividend and a yield of 7.15%.

Sabre Profile

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Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions 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.

See Also

Want to see what other hedge funds are holding SABRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sabre Co. (NASDAQ:SABRPGet Rating).

Institutional Ownership by Quarter for Sabre (NASDAQ:SABRP)

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