Sabre Corp 2018 Q1 Institutional Investor Sentiment Better Than Expected

June 14, 2018 - By Marie Mckinney

Sabre Corporation (NASDAQ:SABR) Logo

Sentiment for Sabre Corp (NASDAQ:SABR)

Sabre Corp (NASDAQ:SABR) institutional sentiment increased to 1.76 in 2018 Q1. Its up 0.29, from 1.47 in 2017Q4. The ratio has improved, as 167 investment professionals increased or opened new holdings, while 95 sold and reduced stakes in Sabre Corp. The investment professionals in our partner’s database reported: 289.05 million shares, down from 294.44 million shares in 2017Q4. Also, the number of investment professionals holding Sabre Corp in their top 10 holdings increased from 3 to 5 for an increase of 2. Sold All: 19 Reduced: 76 Increased: 105 New Position: 62.

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The company has market cap of $7.18 billion. It operates through two divisions, Travel Network, and Airline and Hospitality Solutions. It has a 29.93 P/E ratio. The Travel Network 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.

The stock decreased 1.27% or $0.33 during the last trading session, reaching $26.12. About 1.35 million shares traded. Sabre Corporation (NASDAQ:SABR) has risen 4.27% since June 14, 2017 and is uptrending. It has underperformed by 8.30% the S&P500.

Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on August, 7. They expect $0.31 earnings per share, down 3.13 % or $0.01 from last year’s $0.32 per share. SABR’s profit will be $85.19 million for 21.06 P/E if the $0.31 EPS becomes a reality. After $0.39 actual earnings per share reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -20.51 % negative EPS growth.

Silver Lake Group L.L.C. holds 13.27% of its portfolio in Sabre Corporation for 22.47 million shares. Tpg Group Holdings (Sbs) Advisors Inc. owns 36.99 million shares or 11.95% of their US portfolio. Moreover, Praesidium Investment Management Company Llc has 5.11% invested in the company for 2.90 million shares. The New York-based Md Sass Investors Services Inc has invested 4.17% in the stock. Burgundy Asset Management Ltd., a Ontario – Canada-based fund reported 18.12 million shares.

Sabre Corporation (NASDAQ:SABR) Ratings Coverage

Ratings analysis reveals 71% of Sabre’s analysts are positive. Out of 7 Wall Street analysts rating Sabre, 5 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $25 while the high is $30. The stock’s average target of $27.40 is 4.90% above today’s ($26.12) share price. SABR was included in 9 notes of analysts from January 5, 2018. On Wednesday, February 14 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Cowen & Co on Wednesday, March 7 with “Buy”. On Monday, February 26 the stock rating was maintained by Deutsche Bank with “Buy”. As per Friday, January 5, the company rating was downgraded by Evercore. Deutsche Bank maintained the shares of SABR in report on Wednesday, June 6 with “Buy” rating. The company was upgraded on Tuesday, May 15 by Bank of America. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, May 2. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, May 2.

Another recent and important Sabre Corporation (NASDAQ:SABR) news was published by Nasdaq.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Jabil, Gladstone Investment, Spero Therapeutics …” on June 11, 2018.

Sabre Corporation (NASDAQ:SABR) Institutional Positions Chart

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