Sabre Co. (NASDAQ:SABR) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of Sabre Co. (NASDAQ:SABR) by 13.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,563 shares of the information technology services provider’s stock after acquiring an additional 22,880 shares during the period. Yousif Capital Management LLC’s holdings in Sabre were worth $825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SABR. Nisa Investment Advisors LLC grew its stake in shares of Sabre by 28.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 17,970 shares of the information technology services provider’s stock worth $81,000 after purchasing an additional 3,977 shares during the period. Insigneo Advisory Services LLC grew its position in Sabre by 43.3% during the third quarter. Insigneo Advisory Services LLC now owns 14,757 shares of the information technology services provider’s stock valued at $66,000 after buying an additional 4,457 shares during the period. Diversified Trust Co increased its holdings in Sabre by 6.1% in the fourth quarter. Diversified Trust Co now owns 91,682 shares of the information technology services provider’s stock valued at $403,000 after buying an additional 5,292 shares in the last quarter. Bouvel Investment Partners LLC raised its position in shares of Sabre by 2.3% in the fourth quarter. Bouvel Investment Partners LLC now owns 243,594 shares of the information technology services provider’s stock worth $1,072,000 after acquiring an additional 5,440 shares during the period. Finally, Creative Planning boosted its stake in shares of Sabre by 0.5% during the 3rd quarter. Creative Planning now owns 1,282,390 shares of the information technology services provider’s stock worth $5,758,000 after acquiring an additional 6,204 shares in the last quarter. 89.42% of the stock is currently owned by hedge funds and other institutional investors.

Sabre Stock Performance

Shares of SABR stock opened at $2.58 on Friday. Sabre Co. has a fifty-two week low of $1.81 and a fifty-two week high of $5.76. The stock’s fifty day moving average is $2.47 and its two-hundred day moving average is $3.43.

Sabre (NASDAQ:SABR) last posted its quarterly earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The firm had revenue of $687.05 million for the quarter, compared to analysts’ expectations of $707.89 million. On average, equities analysts predict that Sabre Co. will post -0.21 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Bank of America reduced their price target on Sabre from $4.50 to $3.00 and set a “neutral” rating for the company in a report on Monday, April 15th. StockNews.com cut shares of Sabre from a “buy” rating to a “hold” rating in a research note on Friday, April 5th. Mizuho cut their target price on shares of Sabre from $4.00 to $3.00 and set a “neutral” rating for the company in a research note on Monday, March 4th. Finally, Cantor Fitzgerald began coverage on shares of Sabre in a research note on Wednesday, February 21st. They issued an “overweight” rating and a $5.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $4.00.

About Sabre

Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates 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.