Yousif Capital Management LLC Sells 3,221 Shares of Sabre Co. (NASDAQ:SABR)

Yousif Capital Management LLC lessened its holdings in Sabre Co. (NASDAQ:SABR) by 2.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 146,510 shares of the information technology services provider’s stock after selling 3,221 shares during the period. Yousif Capital Management LLC’s holdings in Sabre were worth $535,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Boston Trust Walden Corp bought a new position in Sabre in the 4th quarter valued at approximately $62,000. KBC Group NV raised its holdings in Sabre by 92.3% in the 4th quarter. KBC Group NV now owns 20,280 shares of the information technology services provider’s stock valued at $74,000 after buying an additional 9,734 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Sabre by 375.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,530,073 shares of the information technology services provider’s stock valued at $5,615,000 after buying an additional 1,208,269 shares during the last quarter. Geode Capital Management LLC raised its holdings in Sabre by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 9,081,259 shares of the information technology services provider’s stock valued at $33,335,000 after buying an additional 145,383 shares during the last quarter. Finally, Barclays PLC raised its holdings in Sabre by 51.6% in the 3rd quarter. Barclays PLC now owns 786,425 shares of the information technology services provider’s stock valued at $2,885,000 after buying an additional 267,778 shares during the last quarter. Institutional investors own 89.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on SABR shares. Sanford C. Bernstein restated an “underperform” rating and set a $3.00 price target on shares of Sabre in a report on Tuesday, November 19th. Cantor Fitzgerald restated a “neutral” rating and issued a $4.00 price target (down previously from $5.00) on shares of Sabre in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of Sabre from a “buy” rating to a “hold” rating in a research report on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat.com, Sabre presently has an average rating of “Hold” and an average price target of $3.25.

Sabre Stock Performance

Shares of NASDAQ SABR opened at $3.55 on Monday. The company has a market capitalization of $1.37 billion, a P/E ratio of -4.49, a price-to-earnings-growth ratio of 1.95 and a beta of 1.79. Sabre Co. has a 52-week low of $1.81 and a 52-week high of $4.30. The company’s 50 day moving average price is $3.55 and its 200-day moving average price is $3.43.

Sabre Profile

Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates 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.