Mirae Asset Global Investments Co. Ltd. Has $6.98 Million Stock Position in Sabre Co. (NASDAQ:SABRP)

Mirae Asset Global Investments Co. Ltd. decreased its stake in Sabre Co. (NASDAQ:SABRPGet Rating) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,045 shares of the company’s stock after selling 1,075 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Sabre were worth $6,978,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SABRP. Mizuho Securities USA LLC acquired a new stake in shares of Sabre in the first quarter worth $1,352,000. Jane Street Group LLC boosted its stake in Sabre by 3.0% during the first quarter. Jane Street Group LLC now owns 10,733 shares of the company’s stock worth $1,559,000 after buying an additional 310 shares in the last quarter. Fir Tree Capital Management LP acquired a new stake in Sabre during the first quarter worth $4,908,000. Wolverine Asset Management LLC boosted its stake in Sabre by 10.5% during the first quarter. Wolverine Asset Management LLC now owns 220,001 shares of the company’s stock worth $32,071,000 after buying an additional 20,888 shares in the last quarter. Finally, Sculptor Capital LP boosted its stake in Sabre by 8.8% during the first quarter. Sculptor Capital LP now owns 310,000 shares of the company’s stock worth $45,021,000 after buying an additional 25,000 shares in the last quarter.

Sabre Stock Performance

Shares of NASDAQ:SABRP opened at $87.12 on Thursday. Sabre Co. has a 52 week low of $77.52 and a 52 week high of $160.84. The firm has a fifty day moving average price of $92.03.

Sabre Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Monday, August 15th were paid a $1.625 dividend. The ex-dividend date of this dividend was Friday, August 12th. This represents a $6.50 annualized dividend and a dividend yield of 7.46%.

Sabre Profile

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Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates as 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:SABRP)

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