Live Stock Coverage: Could Sabre Corp Change Direction After Today’s Significant Increase?

Live Stock Coverage: Could Sabre Corp Change Direction After Today's Significant Increase?

The stock of Sabre Corp (NASDAQ:SABR) is a huge mover today! About 2.20M shares traded hands. Sabre Corp (NASDAQ:SABR) has declined 19.85% since April 5, 2016 and is downtrending. It has underperformed by 21.80% the S&P500.
The move comes after 9 months positive chart setup for the $6.89 billion company. It was reported on Nov, 8 by Barchart.com. We have $32.91 PT which if reached, will make NASDAQ:SABR worth $2.48B more.

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. Sabre Corporation has been the topic of 11 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Mizuho maintained the shares of SABR in a report on Wednesday, August 5 with “Buy” rating. On Tuesday, August 25 the stock rating was downgraded by Zacks to “Buy”. The rating was initiated by Sterne Agee CRT with “Buy” on Wednesday, April 13. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, August 5. The stock has “Buy” rating given by SunTrust on Wednesday, June 1. The rating was maintained by Mizuho on Thursday, November 3 with “Buy”. Pacific Crest initiated the stock with “Overweight” rating in Thursday, March 31 report. As per Wednesday, June 1, the company rating was upgraded by Suntrust Robinson. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Mizuho on Friday, October 30.

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.
Blackrock Fund Advsrs, a California-based fund reported 1.99M shares. D E Shaw holds 0.08% of its portfolio in Sabre Corp (NASDAQ:SABR) for 1.63M shares. Moreover, Dekabank Deutsche Girozentrale has 0.21% invested in Sabre Corp (NASDAQ:SABR) for 687,640 shares. Commercial Bank Of America De holds 2.28M shares or 0.01% of its portfolio. Burgundy Asset Mngmt Ltd has 1.57% invested in the company for 5.86 million shares. Zuckerman Investment Gp Llc accumulated 3.43% or 478,672 shares. Henderson Gru Inc Public Limited has invested 0% of its portfolio in Sabre Corp (NASDAQ:SABR). Ngam Advsrs L P holds 0.04% of its portfolio in Sabre Corp (NASDAQ:SABR) for 105,547 shares. Brown Brothers Harriman & Communication has 0.12% invested in the company for 872,000 shares. Mitsubishi Ufj Trust & Bk has invested 0.04% of its portfolio in Sabre Corp (NASDAQ:SABR). Schwab Charles last reported 498,863 shares in the company. Lord Abbett And Communication Ltd Liability Corporation accumulated 0.03% or 339,569 shares. The Norway-based Dnb Asset Mngmt As has invested 0% in Sabre Corp (NASDAQ:SABR). The Ontario – Canada-based Counsel Portfolio Serv has invested 0.02% in Sabre Corp (NASDAQ:SABR). Schroder Inv Mngmt Gp has invested 0.09% of its portfolio in Sabre Corp (NASDAQ:SABR).

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 Prnewswire.com‘s news article titled: “Sabre Corporation Announces CEO Transition” with publication date: June 20, 2016.

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.

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