17,000 Shares in Sabre Co. (NASDAQ:SABR) Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp purchased a new stake in Sabre Co. (NASDAQ:SABRFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,000 shares of the information technology services provider’s stock, valued at approximately $62,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SABR. International Assets Investment Management LLC boosted its holdings in 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 worth $33,000 after acquiring an additional 6,582 shares in the last quarter. Zacks Investment Management acquired a new position in shares of Sabre during the third quarter worth approximately $41,000. 626 Financial LLC bought a new position in shares of Sabre in the 3rd quarter worth $44,000. MML Investors Services LLC acquired a new stake in Sabre in the 3rd quarter valued at $45,000. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new stake in Sabre during the 3rd quarter valued at $46,000. 89.42% of the stock is currently owned by institutional investors.

Sabre Price Performance

NASDAQ SABR opened at $3.43 on Wednesday. The company has a fifty day moving average price of $3.60 and a 200-day moving average price of $3.43. Sabre Co. has a 1 year low of $1.81 and a 1 year high of $4.44. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -4.34, a PEG ratio of 1.88 and a beta of 1.79.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SABR shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $4.00 price objective (down from $5.00) on shares of Sabre in a research note on Tuesday, January 7th. StockNews.com cut shares of Sabre from a “buy” rating to a “hold” rating in a research report on Tuesday, December 24th. Finally, Sanford C. Bernstein reissued an “underperform” rating and set a $3.00 price objective on shares of Sabre in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, Sabre presently has an average rating of “Hold” and an average price target of $3.25.

Read Our Latest Stock Report on SABR

About Sabre

(Free Report)

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.

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Institutional Ownership by Quarter for Sabre (NASDAQ:SABR)

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