Xponance Inc. Has $109,000 Holdings in Sabre Co. (NASDAQ:SABR)

Xponance Inc. raised its holdings in Sabre Co. (NASDAQ:SABR) by 22.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,770 shares of the information technology services provider’s stock after acquiring an additional 5,395 shares during the period. Xponance Inc.’s holdings in Sabre were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Cibc World Markets Corp acquired a new position in shares of Sabre in the 4th quarter valued at approximately $131,000. Swiss National Bank lifted its stake in Sabre by 1.2% in the fourth quarter. Swiss National Bank now owns 720,600 shares of the information technology services provider’s stock valued at $2,630,000 after buying an additional 8,700 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Sabre by 107.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,053,822 shares of the information technology services provider’s stock valued at $7,496,000 after buying an additional 1,062,191 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Sabre by 15.8% in the fourth quarter. HighTower Advisors LLC now owns 61,982 shares of the information technology services provider’s stock valued at $226,000 after buying an additional 8,457 shares during the period. Finally, Briaud Financial Planning Inc bought a new stake in shares of Sabre during the fourth quarter worth $51,000. 89.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SABR has been the topic of several research reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $4.00 price objective on shares of Sabre in a research report on Friday, February 21st. Bank of America raised Sabre from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $4.50 to $6.10 in a research report on Tuesday, March 4th. Finally, StockNews.com upgraded Sabre from a “hold” rating to a “buy” rating in a report on Friday, February 21st.

Sabre Trading Down 6.4 %

Sabre stock opened at $3.06 on Friday. Sabre Co. has a 1-year low of $2.29 and a 1-year high of $4.63. The company has a fifty day simple moving average of $3.58 and a 200 day simple moving average of $3.58. The company has a market cap of $1.18 billion, a P/E ratio of -4.25, a price-to-earnings-growth ratio of 2.43 and a beta of 1.62.

Sabre (NASDAQ:SABR) last announced its quarterly earnings data on Thursday, February 20th. The information technology services provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The firm had revenue of $714.72 million during the quarter, compared to the consensus estimate of $716.60 million. On average, equities research analysts forecast that Sabre Co. will post 0.04 EPS for the current year.

About Sabre

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.