Trading volume for Sabre Corporation Cm was 3,592K by the end of trading on Tuesday. Trading volume was up 76.19% over the stocks average daily volume.
Traders are a little more bullish on shares of Sabre Corporation Cm recently as indicated by the motion in short interest. The firm recorded a fall in short interest of -1.01% between September 29, 2017 and October 13, 2017. Short shares decreased from 21,921,794 to 21,700,694 over that timeframe. With short interest at 21,700,694 and short average daily volume at 1,536,027, days to cover is 14.0 and the short interest percentage is 0.08% as of October 13.
The following firms have recently changed their position in SABR. Raymond James & Associates augmented its holdings by buying 68,545 shares an increase of 27.7%. Raymond James & Associates now holds 316,426 shares valued at $5,727,000. The value of the position overall is up by 6.1%. As of quarter end Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had bought a total of 393 shares growing its position 1.3%. The value of the investment in (SABR) went from $654,000 to $551,000 a change of 15.7% since the last quarter.
Tredje Ap-fonden cut its stake by shedding 16,630 shares a decrease of 67.7% as of 09/30/2017. Tredje Ap-fonden now controls 7,940 shares with a value of $144,000. The total value of its holdings decreased 73.2%. Epoch Investment Partners, Inc. downsized its investment by shedding 70,551 shares a decrease of 6.0% from 06/30/2017 to 09/30/2017. Epoch Investment Partners, Inc. controls 1,110,808 shares worth $20,106,000. The total value of its holdings decreased 21.8%.
November 1 investment analysts at Oppenheimer Holdings kept the company rating at “Buy” with a current price target of $24.00. Cowen and Company released guidance on SABR with a rating of “Buy” and setting a price target of $23.00.
On October 9 Deutsche Bank AG made no change to the company rating of “Buy” projecting a price of $22.00.
The company is trading down from yesterday’s close of 18.96. Sabre Corporation Cm’s P/E ratio is 27.04 and the market cap of the company is 5.12B. As of the last earnings report the EPS was $0.69 with 274.82M shares currently outstanding.
Sabre Corporation, launched on December 11, 2006, 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. Its Airline and Hospitality Solutions business offers a portfolio of software technology products and solutions, through software-as-a-service (SaaS) and hosted delivery model, to airlines, hoteliers and other travel suppliers. The Company connects travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. The Company also offers travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to marketing and operations solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight operations and managing day-to-day hotel operations..