Published: Fri, April 21, 2017
Economy | By Annette Adams

Sabre Corp (SABR) Stock Rating Upgraded by TheStreet


SABRE CORP (NASDAQ:SABR) has named Roshan Mendis as senior vice president of its global distribution system (GDS) and corporate travel business in Europe, the Middle East and Africa effective July 1. SABR's value Change from Open was at -0.41% with a Gap of 4.55%.

Institutional investors have recently modified their holdings of the company.

06/01/2016 - Sabre Corporation was upgraded to "buy" by analysts at SunTrust. Ltd. now owns 30,133 shares of the company's stock valued at $849,000 after buying an additional 990 shares during the period. Daiwa Securities Group Inc. raised its position in Sabre Corporation by 10.9% in the third quarter.

Sabre Corporation (SABR) has a 52-week high of $29.15 and a 52-week low of $20.09. The firm's stock has a market capitalization of $6.18 bln. Mitsubishi UFJ Kokusai Asset Management Co. Capital World Investors boosted its stake in Sabre Corp by 2,000.4% in the third quarter. Bank of Montreal Can now owns 496,537 shares of the company's stock valued at $13,993,000 after buying an additional 51,990 shares during the period. One National Association reported 0.04% in Sabre Corp (NASDAQ:SABR). 2 analysts said Hold signal for the stock. During the key period of last 5 years, SABRE CORP (NASDAQ:SABR) sales have annually surged 3.40% on average, however its earnings per share growth remained at 31.80%.

Gilead Sciences Inc. has 1 year price target of $79.25. 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. Zacks Investment Research cut Sabre Corp from a "buy" rating to a "strong sell" rating in a research note on Tuesday, February 14th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.31 by $0.04. The business had revenue of $829.60 million for the quarter, compared to analyst estimates of $828.45 million. Sabre Corp had a net margin of 7.19% and a return on equity of 41.47%. The firm's revenue was up 9.4% compared to the same quarter past year. During the same period in the prior year, the firm posted $0.27 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 30th. Credit Suisse Ag has 0.01% invested in Sabre Corp (NASDAQ:SABR).

American Trust Investment Advisors Llc increased Sabre Corp (SABR) stake by 18.9% reported in 2016Q4 SEC filing.

COPYRIGHT VIOLATION NOTICE: This report was first posted by BBNS and is the property of of BBNS. If you are accessing this article on another site, it was stolen and republished in violation of U.S. & worldwide copyright legislation. The correct version of this story can be accessed at https://www.themarketsdaily.com/2017/04/19/bank-of-montreal-can-purchases-802918-shares-of-sabre-corp-sabr.html. The average volume stands around 3.26 million shares. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Sabre Corporation the EPS stands at 0.27 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.31, suggesting the stock fell short of the analysts' expectations. The company was downgraded on Tuesday, February 14 by Bank of America. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. Also, insider William G. Robinson, Jr. sold 20,837 shares of the company's stock in a transaction that occurred on Tuesday, March 28th. The firm has a 50-day moving average of $24.14 and a 200 day moving average of $25.91. The number of shares now owned by investors are 278.33 mln. The stock was sold at an average price of $22.15, for a total value of $277,960.35. Another trade for 3,000 shares valued at $639,360 was made by Dunbar Webster Roy on Friday, March 3. The disclosure for this sale can be found here.

Sabre Corporation (SABR) belongs to the "Technology" sector with an industry focus on "Information Technology Services", with Mr. Lawrence W. Kellner as Non-Exec. The Firm provides software and services to a range of travel suppliers and travel buyers.

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