Nebula Capital Management Lp Lowers stake in Sabre Corp (SABR)

Sabre Corp (SABR) : Nebula Capital Management Lp reduced its stake in Sabre Corp by 83.7% during the most recent quarter end. The investment management company now holds a total of 7,500 shares of Sabre Corp which is valued at $199,950 after selling 38,500 shares in Sabre Corp , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Sabre Corp makes up approximately 1.54% of Nebula Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Tradelink Capital added SABR to its portfolio by purchasing 10,086 company shares during the most recent quarter which is valued at $268,893. Sabre Corp makes up approx 1.25% of Tradelink Capital’s portfolio.Sumitomo Mitsui Asset Management Company Ltd boosted its stake in SABR in the latest quarter, The investment management firm added 39,817 additional shares and now holds a total of 338,480 shares of Sabre Corp which is valued at $9,866,692. Sabre Corp makes up approx 0.29% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Achievement Holdings reduced its stake in SABR by selling 22,600 shares or 55.94% in the most recent quarter. The Hedge Fund company now holds 17,800 shares of SABR which is valued at $519,760. Sabre Corp makes up approx 0.07% of Achievement Holdings’s portfolio.Mu Investments Ltd. reduced its stake in SABR by selling 2,900 shares or 42.03% in the most recent quarter. The Hedge Fund company now holds 4,000 shares of SABR which is valued at $116,800. Sabre Corp makes up approx 0.08% of Mu Investments Ltd.’s portfolio.Creative Planning reduced its stake in SABR by selling 147 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 12,328 shares of SABR which is valued at $354,430.

Sabre Corp opened for trading at $26.66 and hit $27.305 on the upside on Thursday, eventually ending the session at $27.25, with a gain of 2.21% or 0.59 points. The heightened volatility saw the trading volume jump to 34,52,411 shares. Company has a market cap of $7,551 M.

On the company’s financial health, Sabre Corp reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.35. The company had revenue of $845.20 million for the quarter, compared to analysts expectations of $849.06 million. The company’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Sabre Corporation (Sabre) is a technology solutions provider to the global travel and tourism industry. The Company operates in two segments: Travel Network which is a global business-to-business travel marketplace for travel suppliers and travel buyers and Airline and Hospitality Solutions which provides a suite of software solutions primarily for airlines and hotel properties. 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. It 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.

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