Yousif Capital Management LLC Sells 3,221 Shares of Sabre Co. (NASDAQ:SABR)

Yousif Capital Management LLC reduced its position in shares of Sabre Co. (NASDAQ:SABR) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,510 shares of the information technology services provider’s stock after selling 3,221 shares during the quarter. Yousif Capital Management LLC’s holdings in Sabre were worth $535,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake in shares of Sabre by 267.0% in the third quarter. International Assets Investment Management LLC now owns 9,047 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 6,582 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Sabre in the third quarter valued at about $41,000. MML Investors Services LLC acquired a new position in shares of Sabre in the third quarter valued at about $45,000. Blake Schutter Theil Wealth Advisors LLC acquired a new position in shares of Sabre in the third quarter valued at about $46,000. Finally, Paloma Partners Management Co acquired a new position in shares of Sabre in the third quarter valued at about $54,000. 89.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SABR shares. Sanford C. Bernstein restated an “underperform” rating and issued a $3.00 price target on shares of Sabre in a research note on Tuesday, November 19th. StockNews.com downgraded shares of Sabre from a “buy” rating to a “hold” rating in a research note on Tuesday, December 24th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $4.00 price target (down from $5.00) on shares of Sabre in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $3.25.

Sabre Stock Up 0.6 %

Shares of Sabre stock opened at $3.55 on Monday. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -4.49, a PEG ratio of 1.95 and a beta of 1.79. Sabre Co. has a 12-month low of $1.81 and a 12-month high of $4.30. The firm’s 50-day moving average price is $3.55 and its two-hundred day moving average price is $3.43.

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.