In today’s session Sabre Corp (SABR) registered an unusually high (1,399) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SABR increase. With 1,399 contracts traded and 66414 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SABR161118C00030000 closed last at: $0.35 or 75% up. About 1.35M shares traded hands. Sabre Corp (NASDAQ:SABR) has declined 17.79% since April 1, 2016 and is downtrending. It has underperformed by 19.00% the S&P500.
Sabre Corp (NASDAQ:SABR) Ratings Coverage
Out of 7 analysts covering Sabre Corporation (NASDAQ:SABR), 7 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $35 is the highest target while $30 is the lowest. The $32.50 average target is 37.65% above today’s ($23.61) stock price. Sabre Corporation has been the topic of 11 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Sterne Agee CRT on Wednesday, April 13. The stock of Sabre Corp (NASDAQ:SABR) has “Buy” rating given on Tuesday, August 25 by Zacks. Oppenheimer maintained Sabre Corp (NASDAQ:SABR) rating on Wednesday, August 5. Oppenheimer has “Outperform” rating and $32 price target. The firm earned “Buy” rating on Friday, October 30 by Mizuho. The stock of Sabre Corp (NASDAQ:SABR) has “Buy” rating given on Wednesday, June 1 by Suntrust Robinson. The firm earned “Overweight” rating on Thursday, March 31 by Pacific Crest. As per Thursday, November 3, the company rating was maintained by Mizuho. Mizuho maintained the stock with “Buy” rating in Wednesday, August 5 report. The rating was upgraded by SunTrust to “Buy” on Wednesday, June 1.
According to Zacks Investment Research, “Sabre Corporation engages in providing technology solutions to the global travel and tourism industry. The company operates four brands/businesses: Sabre Airline Solutions (R), Sabre Hospitality Solutions (R), Sabre Travel Network (R) and Travelocity (R). Its software, data, mobile and distribution solutions are used by airlines hotel properties to manage critical operations, such as passenger and guest reservations, revenue management, and flight, network and crew management. Sabre Corporation is headquartered in Southlake, Texas.”
Insitutional Activity: The institutional sentiment increased to 1.88 in Q2 2016. Its up 0.47, from 1.41 in 2016Q1. The ratio is positive, as 25 funds sold all Sabre Corp shares owned while 73 reduced positions. 55 funds bought stakes while 129 increased positions. They now own 280.22 million shares or 3.65% more from 270.34 million shares in 2016Q1.
Capital One National Association has 15,703 shares for 0.03% of their US portfolio. Westfield Cap Mgmt Co Lp holds 2.10M shares or 0.46% of its portfolio. Spot Trading Ltd has 0% invested in the company for 700 shares. Janus Capital Limited Liability Corporation last reported 1.02M shares in the company. First Mercantile Com owns 11,600 shares or 0.04% of their US portfolio. Swiss Bank holds 0.03% or 579,200 shares in its portfolio. Brown Brothers Harriman & accumulated 0.12% or 872,000 shares. Renaissance Tech Ltd Liability Com last reported 0.04% of its portfolio in the stock. Ubs Asset Mngmt Americas, a Illinois-based fund reported 797,243 shares. Gsa Capital Prns Ltd Liability Partnership has invested 0.02% of its portfolio in Sabre Corp (NASDAQ:SABR). Keybank Association Oh, a Ohio-based fund reported 11,849 shares. Da Davidson & accumulated 271 shares or 0% of the stock. Teachers Advisors reported 170,395 shares or 0.01% of all its holdings. British Columbia Management has 375,877 shares for 0.09% of their US portfolio. Thompson Siegel Walmsley Ltd accumulated 596 shares or 0% of the stock.
Sabre Corporation is a technology solutions well-known provider to the global travel and tourism industry. The company has a market cap of $6.57 billion. The Company’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. It has a 21.02 P/E ratio. The Firm operates in two divisions: Sabre Travel Network, and Sabre Airline and Hospitality Solutions.
SABR Company Profile
Sabre Corporation, incorporated on December 11, 2006, is a technology solutions well-known provider to the global travel and tourism industry. The Firm operates in two divisions: Sabre Travel Network, and Sabre Airline and Hospitality Solutions. The Firm connects the travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. It also offers travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to marketing and activities solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight activities and managing day-to-day hotel operations.
More notable recent Sabre Corp (NASDAQ:SABR) news were published by: Bizjournals.com which released: “Exclusive: Tech travel giant Sabre Corp. expanding Southlake HQ at Solana” on January 29, 2016, also Marketwatch.com with their article: “Sabre Corp. CEO Klein to resign” published on June 20, 2016, Prnewswire.com published: “Sabre introduces SafePoint, a smarter, faster and more accurate way to help …” on July 19, 2016. More interesting news about Sabre Corp (NASDAQ:SABR) were released by: Prnewswire.com and their article: “Sabre grows Airline Solutions portfolio with acquisition of Airpas Aviation” published on April 19, 2016 as well as Seekingalpha.com‘s news article titled: “A Forensic Financial Analysis Of Sabre Corp. And Its Related-Party Acquisition …” with publication date: April 13, 2016.
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