Xact Kapitalforvaltning AB raised its position in Sabre Corp (NASDAQ:SABR) by 4.8% during the 4th quarter, Holdings Channel reports. The firm owned 39,355 shares of the information technology services provider’s stock after acquiring an additional 1,800 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in Sabre were worth $852,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Meeder Asset Management Inc. grew its holdings in Sabre by 49.7% in the fourth quarter. Meeder Asset Management Inc. now owns 3,731 shares of the information technology services provider’s stock valued at $81,000 after purchasing an additional 1,239 shares during the last quarter. Hanson & Doremus Investment Management boosted its stake in shares of Sabre by 4.6% during the fourth quarter. Hanson & Doremus Investment Management now owns 35,176 shares of the information technology services provider’s stock valued at $761,000 after acquiring an additional 1,553 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in shares of Sabre by 17.0% during the third quarter. IFM Investors Pty Ltd now owns 14,058 shares of the information technology services provider’s stock valued at $367,000 after acquiring an additional 2,041 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Sabre by 1.4% during the third quarter. Arizona State Retirement System now owns 177,887 shares of the information technology services provider’s stock valued at $4,639,000 after acquiring an additional 2,400 shares during the last quarter. Finally, Cadence Capital Management LLC boosted its stake in shares of Sabre by 16.0% during the third quarter. Cadence Capital Management LLC now owns 17,533 shares of the information technology services provider’s stock valued at $457,000 after acquiring an additional 2,420 shares during the last quarter. 96.69% of the stock is currently owned by institutional investors.

In related news, VP Jami Kindle sold 8,719 shares of the stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $26.05, for a total transaction of $227,129.95. Following the transaction, the vice president now directly owns 17,013 shares in the company, valued at $443,188.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lawrence W. Kellner sold 5,944 shares of the stock in a transaction dated Monday, November 26th. The stock was sold at an average price of $25.01, for a total value of $148,659.44. Following the transaction, the director now owns 214,998 shares in the company, valued at $5,377,099.98. The disclosure for this sale can be found here. Insiders have sold 30,783 shares of company stock worth $779,284 over the last quarter. 0.67% of the stock is currently owned by company insiders.

A number of analysts recently commented on SABR shares. Berenberg Bank started coverage on Sabre in a research note on Monday, January 14th. They set a “sell” rating and a $18.00 price objective on the stock. Bank of America lowered Sabre from a “buy” rating to a “neutral” rating in a research note on Friday, January 4th. Zacks Investment Research lowered Sabre from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Oppenheimer reaffirmed a “buy” rating on shares of Sabre in a research note on Thursday, November 15th. Finally, BidaskClub raised Sabre from a “hold” rating to a “buy” rating in a research note on Wednesday, November 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Sabre currently has a consensus rating of “Hold” and an average target price of $27.00.

NASDAQ SABR traded up $0.09 during trading hours on Monday, hitting $23.80. 23,907 shares of the company’s stock were exchanged, compared to its average volume of 1,338,717. Sabre Corp has a 12-month low of $17.91 and a 12-month high of $26.78. The company has a market capitalization of $6.53 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.66 and a beta of 0.84. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 3.58.

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Sabre Company Profile

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. It operates through two segments, Travel Network, and Airline and Hospitality Solutions. 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.

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Institutional Ownership by Quarter for Sabre (NASDAQ:SABR)

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