Traders Sell Sabre (SABR) on Strength (SABR)

Traders sold shares of Sabre Corp (NASDAQ:SABR) on strength during trading hours on Wednesday. $7.56 million flowed into the stock on the tick-up and $26.39 million flowed out of the stock on the tick-down, for a money net flow of $18.83 million out of the stock. Of all companies tracked, Sabre had the 29th highest net out-flow for the day. Sabre traded up $0.42 for the day and closed at $23.53

SABR has been the subject of several research analyst reports. TheStreet raised Sabre from a “c” rating to a “b-” rating in a report on Monday, November 27th. Mizuho reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Sabre in a report on Thursday, January 25th. Zacks Investment Research raised Sabre from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Saturday, February 3rd. Oppenheimer reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Sabre in a report on Wednesday, November 1st. Finally, BidaskClub raised Sabre from a “strong sell” rating to a “sell” rating in a report on Saturday. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Sabre has a consensus rating of “Hold” and a consensus target price of $22.67.

The company has a debt-to-equity ratio of 4.87, a current ratio of 0.99 and a quick ratio of 0.89. The firm has a market cap of $6,383.62, a price-to-earnings ratio of 26.74, a P/E/G ratio of 5.58 and a beta of 0.72.

Sabre (NASDAQ:SABR) last released its quarterly earnings results on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.10. Sabre had a return on equity of 53.65% and a net margin of 6.74%. The business had revenue of $881.90 million during the quarter, compared to analyst estimates of $863.54 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. Sabre’s revenue for the quarter was up 6.3% on a year-over-year basis. research analysts anticipate that Sabre Corp will post 1.16 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, March 21st will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.38%. The ex-dividend date is Tuesday, March 20th. Sabre’s dividend payout ratio is presently 63.64%.

Large investors have recently added to or reduced their stakes in the business. IFG Advisory LLC bought a new stake in Sabre during the fourth quarter valued at about $321,000. Advisor Group Inc. grew its holdings in Sabre by 55.6% during the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock valued at $121,000 after purchasing an additional 2,029 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in Sabre during the fourth quarter valued at about $169,000. Toronto Dominion Bank grew its holdings in Sabre by 39.8% during the fourth quarter. Toronto Dominion Bank now owns 12,318 shares of the information technology services provider’s stock valued at $253,000 after purchasing an additional 3,509 shares during the period. Finally, Meadow Creek Investment Management LLC grew its holdings in Sabre by 25.6% during the fourth quarter. Meadow Creek Investment Management LLC now owns 12,384 shares of the information technology services provider’s stock valued at $254,000 after purchasing an additional 2,528 shares during the period.

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About Sabre

Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.

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