Sabre Industries Inc (NASDAQ:SABR) Institutional Investors Quarterly Sentiment

January 23, 2018 - By Lynda A. Deweese

 Sabre Industries Inc (NASDAQ:SABR) Institutional Investors Quarterly Sentiment

Sentiment for Sabre Industries Inc (NASDAQ:SABR)

Sabre Industries Inc (NASDAQ:SABR) institutional sentiment decreased to 0.98 in 2017 Q3. Its down -0.77, from 1.75 in 2017Q2. The ratio worsened, as 118 funds increased and opened new positions, while 121 sold and decreased holdings in Sabre Industries Inc. The funds in our partner’s database now have: 296.88 million shares, down from 312.30 million shares in 2017Q2. Also, the number of funds holding Sabre Industries Inc in their top 10 positions decreased from 5 to 2 for a decrease of 3. Sold All: 39 Reduced: 82 Increased: 82 New Position: 36.

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The company has market cap of $5.69 billion. It operates through two divisions, Travel Network, and Airline and Hospitality Solutions. It has a 31.3 P/E ratio. The Travel Network segment operates as 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.

The stock decreased 0.05% or $0.01 during the last trading session, reaching $20.72. About 1.96 million shares traded. Sabre Corporation (NASDAQ:SABR) has declined 17.80% since January 23, 2017 and is downtrending. It has underperformed by 34.50% the S&P500.

Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on February, 6. They expect $0.22 EPS, down 12.00 % or $0.03 from last year’s $0.25 per share. SABR’s profit will be $60.46 million for 23.55 P/E if the $0.22 EPS becomes a reality. After $0.29 actual EPS reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -24.14 % negative EPS growth.

Silver Lake Group L.L.C. holds 15.82% of its portfolio in Sabre Corporation for 30.02 million shares. Tpg Group Holdings (Sbs) Advisors Inc. owns 45.86 million shares or 13.43% of their US portfolio. Moreover, Praesidium Investment Management Company Llc has 4.27% invested in the company for 2.89 million shares. The Texas-based Maverick Capital Ltd has invested 3.08% in the stock. Reinhart Partners Inc., a Wisconsin-based fund reported 1.20 million shares.#img1#

Sabre Corporation (NASDAQ:SABR) Ratings Coverage

Ratings analysis reveals 62% of Sabre Corporation’s analysts are positive. Out of 13 Wall Street analysts rating Sabre Corporation, 8 give it “Buy”, 2 “Sell” rating, while 3 recommend “Hold”. The lowest target is $20 while the high is $35. The stock’s average target of $27.50 is 32.72% above today’s ($20.72) share price. SABR was included in 23 notes of analysts from July 21, 2015. The stock of Sabre Corporation (NASDAQ:SABR) earned “Buy” rating by Mizuho on Thursday, November 3. The company was downgraded on Wednesday, October 25 by KeyBanc Capital Markets. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Thursday, April 6. The stock has “Buy” rating by Oppenheimer on Thursday, June 1. Goldman Sachs downgraded it to “Neutral” rating and $20 target in Monday, September 11 report. The firm earned “Buy” rating on Wednesday, June 1 by SunTrust. Mizuho maintained the stock with “Buy” rating in Friday, October 30 report. As per Friday, January 5, the company rating was downgraded by Evercore. The firm has “Overweight” rating given on Thursday, March 31 by Pacific Crest. The company was maintained on Wednesday, August 5 by Oppenheimer.

Another recent and important Sabre Corporation (NASDAQ:SABR) news was published by which published an article titled: “Form 8-K Sabre Corp For: Jan 11” on January 11, 2018.

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