Jefferies Group LLC upgraded shares of Sabre Corporation (NASDAQ:SABR) from a hold rating to a buy rating in a research report report published on Tuesday morning. The brokerage currently has $25.00 price objective on the information technology services provider’s stock.

Several other equities research analysts have also issued reports on SABR. Cowen and Company reaffirmed an outperform rating and set a $23.00 price target (down previously from $26.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. Mizuho reaffirmed a buy rating and set a $25.00 price target (down previously from $27.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. TheStreet lowered Sabre Corporation from a b rating to a c rating in a research note on Tuesday, August 1st. Zacks Investment Research lowered Sabre Corporation from a buy rating to a sell rating in a research note on Wednesday, August 9th. Finally, Oppenheimer Holdings, Inc. reaffirmed an outperform rating and set a $24.00 price target (down previously from $27.00) on shares of Sabre Corporation in a research note on Wednesday, August 2nd. Three analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. Sabre Corporation currently has an average rating of Hold and an average target price of $25.11.

Sabre Corporation (NASDAQ:SABR) opened at 17.54 on Tuesday. Sabre Corporation has a one year low of $17.37 and a one year high of $29.45. The firm has a market cap of $4.89 billion, a PE ratio of 37.00 and a beta of 0.71. The firm has a 50-day moving average price of $20.67 and a 200-day moving average price of $22.06.

Sabre Corporation (NASDAQ:SABR) last issued its quarterly earnings results on Tuesday, August 1st. The information technology services provider reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.03. Sabre Corporation had a return on equity of 46.16% and a net margin of 3.87%. The firm had revenue of $900.66 million during the quarter, compared to analyst estimates of $895.05 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue was up 6.6% compared to the same quarter last year. On average, equities analysts expect that Sabre Corporation will post $1.36 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, September 21st will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Wednesday, September 20th. Sabre Corporation’s dividend payout ratio (DPR) is presently 116.67%.

In other news, insider Hugh W. Jones sold 36,100 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $20.12, for a total value of $726,332.00. Following the completion of the sale, the insider now owns 82,600 shares of the company’s stock, valued at approximately $1,661,912. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Judson Wade Jones sold 3,822 shares of the business’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $17.92, for a total value of $68,490.24. Following the completion of the sale, the insider now directly owns 31,726 shares of the company’s stock, valued at approximately $568,529.92. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Creative Planning increased its position in shares of Sabre Corporation by 4.7% in the second quarter. Creative Planning now owns 4,578 shares of the information technology services provider’s stock worth $100,000 after buying an additional 205 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Sabre Corporation by 4.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 5,412 shares of the information technology services provider’s stock worth $107,000 after buying an additional 232 shares in the last quarter. Advisor Group Inc. increased its position in shares of Sabre Corporation by 55.6% in the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock worth $121,000 after buying an additional 2,029 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Sabre Corporation by 21.6% in the second quarter. Daiwa Securities Group Inc. now owns 6,200 shares of the information technology services provider’s stock worth $135,000 after buying an additional 1,100 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its position in shares of Sabre Corporation by 17.8% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 9,529 shares of the information technology services provider’s stock worth $202,000 after buying an additional 1,442 shares in the last quarter.

Sabre Corporation Company Profile

Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.

Analyst Recommendations for Sabre Corporation (NASDAQ:SABR)

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