Xponance Inc. Acquires 5,395 Shares of Sabre Co. (NASDAQ:SABR)

Xponance Inc. grew its holdings in Sabre Co. (NASDAQ:SABR) by 22.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,770 shares of the information technology services provider’s stock after purchasing an additional 5,395 shares during the quarter. Xponance Inc.’s holdings in Sabre were worth $109,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Cibc World Markets Corp acquired a new position in Sabre during the 4th quarter worth about $131,000. Swiss National Bank raised its stake in shares of Sabre by 1.2% in the fourth quarter. Swiss National Bank now owns 720,600 shares of the information technology services provider’s stock worth $2,630,000 after acquiring an additional 8,700 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Sabre by 107.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,053,822 shares of the information technology services provider’s stock worth $7,496,000 after purchasing an additional 1,062,191 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Sabre by 15.8% during the fourth quarter. HighTower Advisors LLC now owns 61,982 shares of the information technology services provider’s stock valued at $226,000 after purchasing an additional 8,457 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new stake in shares of Sabre in the fourth quarter valued at approximately $51,000. Institutional investors own 89.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Bank of America raised Sabre from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $4.50 to $6.10 in a report on Tuesday, March 4th. StockNews.com upgraded Sabre from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $4.00 price objective on shares of Sabre in a research report on Friday, February 21st.

Sabre Stock Performance

SABR opened at $3.06 on Friday. The company has a fifty day moving average price of $3.58 and a two-hundred day moving average price of $3.58. The firm has a market capitalization of $1.18 billion, a PE ratio of -4.25, a P/E/G ratio of 2.43 and a beta of 1.62. Sabre Co. has a 52 week low of $2.29 and a 52 week high of $4.63.

Sabre (NASDAQ:SABR) last announced its quarterly earnings data on Thursday, February 20th. The information technology services provider reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.03). The company had revenue of $714.72 million during the quarter, compared to analyst estimates of $716.60 million. Equities analysts forecast that Sabre Co. will post 0.04 EPS for the current year.

Sabre Company Profile

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.