Sabre Corporation (NASDAQ:SABR) insider Hugh W. Jones sold 36,100 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $20.12, for a total transaction of $726,332.00. Following the completion of the transaction, the insider now directly owns 82,600 shares of the company’s stock, valued at $1,661,912. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Sabre Corporation (NASDAQ SABR) traded down 3.04% during mid-day trading on Monday, hitting $19.13. 4,284,657 shares of the stock traded hands. The company’s 50 day moving average is $21.99 and its 200 day moving average is $22.53. The company has a market cap of $5.33 billion, a P/E ratio of 40.36 and a beta of 0.71. Sabre Corporation has a 12 month low of $18.68 and a 12 month high of $29.45.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 21st will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Wednesday, September 20th. Sabre Corporation’s payout ratio is 116.67%.

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Several research analysts recently commented on the stock. Bank of America Corporation downgraded shares of Sabre Corporation from a “neutral” rating to an “underperform” rating in a report on Monday. Mizuho reaffirmed a “buy” rating and issued a $25.00 price objective (down from $27.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. TheStreet downgraded shares of Sabre Corporation from a “b” rating to a “c” rating in a report on Tuesday, August 1st. Cowen and Company reaffirmed an “outperform” rating and issued a $23.00 price objective (down from $26.00) on shares of Sabre Corporation in a report on Wednesday, August 2nd. Finally, BidaskClub downgraded shares of Sabre Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, July 8th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $26.14.

A number of large investors have recently added to or reduced their stakes in SABR. Vanguard Group Inc. increased its stake in Sabre Corporation by 3.6% in the first quarter. Vanguard Group Inc. now owns 15,474,924 shares of the information technology services provider’s stock worth $327,913,000 after buying an additional 542,216 shares during the last quarter. BlackRock Inc. increased its stake in Sabre Corporation by 6,499.9% in the first quarter. BlackRock Inc. now owns 15,406,248 shares of the information technology services provider’s stock worth $326,459,000 after buying an additional 15,172,817 shares during the last quarter. FMR LLC increased its stake in Sabre Corporation by 10.7% in the first quarter. FMR LLC now owns 10,733,095 shares of the information technology services provider’s stock worth $227,434,000 after buying an additional 1,038,669 shares during the last quarter. Burgundy Asset Management Ltd. increased its stake in Sabre Corporation by 4.4% in the first quarter. Burgundy Asset Management Ltd. now owns 9,331,715 shares of the information technology services provider’s stock worth $197,739,000 after buying an additional 393,440 shares during the last quarter. Finally, Cantillon Capital Management LLC acquired a new stake in Sabre Corporation during the first quarter worth about $83,767,000.

About Sabre Corporation

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.

Insider Buying and Selling by Quarter for Sabre Corporation (NASDAQ:SABR)

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