Duality Advisers LP Has $1.43 Million Stock Holdings in Sabre Co. (NASDAQ:SABR)

Duality Advisers LP lowered its stake in Sabre Co. (NASDAQ:SABR) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 324,417 shares of the information technology services provider’s stock after selling 22,114 shares during the quarter. Duality Advisers LP owned about 0.09% of Sabre worth $1,427,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Nisa Investment Advisors LLC grew its holdings in shares of Sabre by 28.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 17,970 shares of the information technology services provider’s stock valued at $81,000 after buying an additional 3,977 shares during the period. Insigneo Advisory Services LLC lifted its holdings in shares of Sabre by 43.3% in the third quarter. Insigneo Advisory Services LLC now owns 14,757 shares of the information technology services provider’s stock valued at $66,000 after purchasing an additional 4,457 shares in the last quarter. Diversified Trust Co boosted its position in shares of Sabre by 6.1% during the fourth quarter. Diversified Trust Co now owns 91,682 shares of the information technology services provider’s stock worth $403,000 after buying an additional 5,292 shares during the period. Bouvel Investment Partners LLC raised its position in Sabre by 2.3% in the 4th quarter. Bouvel Investment Partners LLC now owns 243,594 shares of the information technology services provider’s stock valued at $1,072,000 after buying an additional 5,440 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of Sabre by 0.5% in the third quarter. Creative Planning now owns 1,282,390 shares of the information technology services provider’s stock valued at $5,758,000 after purchasing an additional 6,204 shares during the last quarter. 89.42% of the stock is currently owned by institutional investors.

Sabre Price Performance

Shares of NASDAQ SABR opened at $2.76 on Wednesday. The business’s 50 day moving average price is $2.52 and its two-hundred day moving average price is $3.49. Sabre Co. has a twelve month low of $1.81 and a twelve month high of $5.76.

Sabre (NASDAQ:SABR) last issued its earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The firm had revenue of $687.05 million during the quarter, compared to the consensus estimate of $707.89 million. As a group, equities research analysts expect that Sabre Co. will post -0.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SABR has been the subject of several recent research reports. StockNews.com cut shares of Sabre from a “buy” rating to a “hold” rating in a report on Friday, April 5th. Cantor Fitzgerald began coverage on Sabre in a research report on Wednesday, February 21st. They issued an “overweight” rating and a $5.00 target price on the stock. Mizuho reduced their price target on Sabre from $4.00 to $3.00 and set a “neutral” rating for the company in a research report on Monday, March 4th. Finally, Bank of America lowered their price target on Sabre from $4.50 to $3.00 and set a “neutral” rating on the stock in a research report on Monday, April 15th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $4.00.

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.