Sabre Corporation (SABR) – Goldman Sachs Downgrades Rating Lowers Price Target

Anchor Bolt Capital Lp sold 3.66 million shares as Arcelormittal Sa Luxembourg (MT)’s stock declined 17.23%. For the outlook of the current financial quarter, Analysts think the firm will post 0.28 earnings per share. Arcelormittal Sa Luxembourg now has $27.37 billion valuation. After the latest session, which saw the stock close at a price of $18.48, SABR sits -35.92% below its 52-week high. ALLETE Inc (NYSE:ALE) has risen 26.32% since September 12, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Anchor Bolt Capital Lp decreased Arcelormittal Sa Luxembourg (MT) stake by 83.01% reported in 2016Q4 SEC filing. Praesidium Inv Management Ltd Liability holds 6.24% or 3.09 million shares. The value of the investment in Sabre Corporation went from $3,830,000 to $3,952,000 increasing 3.2% since the last quarter. Stockholders of record on Thursday, September 21st will be issued a dividend of $0.14 per share. About 564,996 shares traded.

The share price of Sabre Corporation (NASDAQ:SABR) was up +1.87% during the last day of trading, with a day high of 18.10. It has underperformed by 34.50% the S&P500.

Investors sentiment increased to 1.75 in Q4 2016. Its down 0.52, from 1.83 in 2016Q3. Sold All: 58 Reduced: 90 Increased: 84 New Position: 45. The investment managers in our partner’s database now have: 290.62 million shares, down from 296.00 million shares in 2016Q3. Moreover, Price T Rowe Associate Inc Md has 0.08% invested in Sabre Corp (NASDAQ:SABR) for 16.24M shares. Panagora Asset holds 5,837 shares or 0% of its portfolio. Next Group, a Texas-based fund reported 965 shares. 2,365 are owned by Cubist Systematic Strategies Limited Liability Com. Vanguard accumulated 0.02% or 4.52M shares. Comml Bank Of America Corp De owns 1,521 shares. Company’s current RSI is 48.28. American International Group has 4,814 shares for 0% of their portfolio. The Texas-based Maverick Capital Ltd has invested 6.74% in the stock.

Westpac Banking Corp increased Public Svc Enterprise Group (NYSE:PEG) stake by 911,578 shares to 1.33 million valued at $61.47 million in 2016Q4.

Among 11 analysts covering Sabre Corporation (NASDAQ:SABR), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive.

04/06/2017 – Sabre Corporation was downgraded to “equal-weight” by analysts at Morgan Stanley. The company was initiated on Wednesday, April 13 by Sterne Agee CRT. Finally, Cowen and Company restated an “outperform” rating and issued a $23.00 price objective (down previously from $26.00) on shares of Sabre Corporation in a research report on Wednesday, August 2nd. Zacks Investment Research cut shares of Sabre Corporation from a buy rating to a sell rating in a research report on Wednesday, August 9th. On Tuesday, August 25 the stock rating was downgraded by Zacks to “Buy”. The stock of Sabre Corp (NASDAQ:SABR) earned “Buy” rating by Oppenheimer on Thursday, June 1. The company was maintained on Wednesday, August 5 by Oppenheimer. California State Teachers Retirement System reported 0.02% in Sabre Corp (NASDAQ:SABR).

In related news, insider Richard A. Simonson sold 36,000 shares of Sabre Corporation stock in a transaction on Thursday, December 8th.

Investors sentiment decreased to 0.81 in Q4 2016.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $81,915 activity. Ltd. raised its stake in Sabre Corporation by 0.9% in the first quarter. 29,666 were reported by Efg Asset Mgmt (Americas) Corporation. 333,023 were accumulated by Los Angeles Cap & Equity. The company now has an average volume of 2.95 Million. Mitsubishi Ufj And Bk has invested 1.44% in Facebook Inc (NASDAQ:FB). D E Shaw invested in 0.05% or 1.20M shares. Martin Currie has invested 1.09% in Facebook Inc (NASDAQ:FB). Zacks Investment Management owns 8,752 shares or 0.01% of their U.S. portfolio. 2,353 were accumulated by Merriman Wealth Mgmt Ltd. 7,456 were accumulated by 1St Global Advisors. Comerica Bancorporation invested in 0% or 12,932 shares. After a recent check, it is observed that the insiders for the firm now own 1.50% shares. Spdr S&P 500 Growth Etf (SPYG) was raised too.

Other hedge funds have also modified their holdings of the company. Therefore 17% are positive. Sandridge Energy Inc. had 8 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, September 4 by Piper Jaffray. The company has market cap of $2.94 billion.

05/03/2017 – Sabre Corporation had its “buy” rating reiterated by analysts at Deutsche Bank.

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