Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) is Privium Fund Management UK Ltd’s 6th Largest Position

Privium Fund Management UK Ltd cut its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 69.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,734 shares of the company’s stock after selling 118,396 shares during the quarter. Sun Country Airlines accounts for 1.1% of Privium Fund Management UK Ltd’s investment portfolio, making the stock its 6th largest position. Privium Fund Management UK Ltd owned about 0.10% of Sun Country Airlines worth $588,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Quantbot Technologies LP purchased a new stake in shares of Sun Country Airlines during the first quarter worth approximately $251,000. Illinois Municipal Retirement Fund increased its position in shares of Sun Country Airlines by 5.2% during the first quarter. Illinois Municipal Retirement Fund now owns 22,841 shares of the company’s stock worth $345,000 after purchasing an additional 1,130 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Sun Country Airlines by 1.6% during the first quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock worth $70,577,000 after purchasing an additional 75,252 shares in the last quarter. American International Group Inc. increased its position in shares of Sun Country Airlines by 11.4% during the first quarter. American International Group Inc. now owns 22,927 shares of the company’s stock worth $346,000 after purchasing an additional 2,347 shares in the last quarter. Finally, EntryPoint Capital LLC purchased a new stake in shares of Sun Country Airlines during the first quarter worth approximately $299,000.

Sun Country Airlines Trading Up 0.1 %

SNCY opened at $15.52 on Wednesday. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $17.56. The company has a market cap of $821.63 million, a P/E ratio of 19.16, a PEG ratio of 0.71 and a beta of 1.48. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. The business’s 50-day simple moving average is $11.96 and its 200-day simple moving average is $11.53.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million for the quarter, compared to the consensus estimate of $250.30 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue for the quarter was up .2% on a year-over-year basis. As a group, equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.98 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SNCY. Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price for the company in a report on Tuesday, October 8th. Susquehanna upped their price target on Sun Country Airlines from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Sun Country Airlines presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.80.

Insider Activity

In other news, VP John Gyurci sold 3,000 shares of the stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.30, for a total value of $33,900.00. Following the transaction, the vice president now owns 14,407 shares in the company, valued at approximately $162,799.10. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Sun Country Airlines news, CFO David M. Davis sold 2,115 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total transaction of $30,688.65. Following the completion of the sale, the chief financial officer now directly owns 36,158 shares of the company’s stock, valued at approximately $524,652.58. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John Gyurci sold 3,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.30, for a total value of $33,900.00. Following the sale, the vice president now directly owns 14,407 shares of the company’s stock, valued at $162,799.10. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,720 shares of company stock worth $694,763. 4.60% of the stock is currently owned by insiders.

About Sun Country Airlines

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.