Martes, 25 Abril, 2017

Bremer Trust National Association Purchases 2141 Shares of Sabre Corp (SABR)

Sabre gears up for Arabian Travel Market 2017 Home Travel News Travel Events News Travel Technology News Sabre gears up for Arabian Travel Market 2017 3 days ago
Manuel Armenta | 21 Abril, 2017, 00:37

The price to earnings growth is 2.61 and the price to sales ratio is 17. One National Association reported 0.04% in Sabre Corp (NASDAQ:SABR).

Institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies Limited Liability Company invested 0% in Sabre Corp (NASDAQ:SABR). This showed the surprise of -12.9% in the last quarter earnings. FMR LLC boosted its position in Sabre Corp by 24.0% in the fourth quarter. The share price is now down -8.72% for the past three months. Ltd. raised its position in shares of Sabre Corp by 3.4% in the third quarter. Burgundy Asset Management Ltd. boosted its position in Sabre Corp by 20.2% in the fourth quarter. $6.65 million worth of Humana Inc (NYSE:HUM) shares were sold by MURRAY JAMES E. Another trade for 24,140 shares valued at $4.96 million was sold by Christopher M Todoroff. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Palestra Capital Management LLC purchased a new stake in Sabre Corp during the third quarter valued at about $57,065,000. Mitsubishi UFJ Kokusai Asset Management Co.

Brokerage houses, on average, are recommending investors to buy SABRE CORP (SABR)'s shares projecting a $25.82 target price. The stock had a trading volume of 1,675,395 shares. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.

Sabre Corporation has a 50 day moving average of 21.53 and a 200 day moving average of 24.03. For SABRE CORP (NASDAQ:SABR), Stochastic %D value stayed at 76.56% for the last 9 days. The company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.04. The company had revenue of $829.60 million for the quarter, compared to the consensus estimate of $828.45 million. Sabre Corp had a net margin of 7.19% and a return on equity of 41.47%. Analysts expect that Sabre Corp will post $1.37 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 30th. SABR generated revenue of $915.52 Million in the same quarter, one year ago. This represents a $0.56 annualized dividend and a yield of 2.52%. Sabre Corp's payout ratio is now 61.18%.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Transcript Daily and is owned by of Transcript Daily. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & worldwide copyright law. American Trust Investment Advisors Llc acquired 16,200 shares as Sabre Corp (SABR)'s stock declined 10.86%. Humana had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Sabre Corp (NASDAQ:SABR) earned "Buy" rating by Mizuho on Thursday, November 3. Mizuho reiterated a "sell" rating and issued a $25.00 price objective on shares of Sabre Corp in a report on Wednesday, February 22nd. The firm has "Equal-Weight" rating given on Thursday, April 6 by Morgan Stanley. Bank of America Corp cut Sabre Corp from a "buy" rating to a "neutral" rating in a research note on Monday, February 20th. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock now has a consensus rating of "Buy" and an average target price of $30.29.

Due to positive move, the stock's recent closing price is higher than its previous close of $21.95. Another trade for 3,000 shares valued at $639,360 was made by Dunbar Webster Roy on Friday, March 3. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider William G. Robinson, Jr. sold 20,837 shares of the company's stock in a transaction that occurred on Tuesday, March 28th. If the $22.97 price target is reached, the company will be worth $301.00M more.

A number of large investors have recently bought and sold shares of SABR. The disclosure for this sale can be found here. Cubist Systematic Strategies Lc holds 2,365 shares.

Sabre Corporation (SABR) belongs to the "Technology" sector with an industry focus on "Information Technology Services", with Mr. Lawrence W. Kellner as Non-Exec.