28,025 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) during the fourth quarter, Holdings Channel reports. The firm acquired 28,025 shares of the company’s stock, valued at approximately $409,000.

Several other large investors also recently modified their holdings of the stock. Victory Capital Management Inc. acquired a new stake in Sun Country Airlines in the 3rd quarter valued at $387,000. Quest Partners LLC bought a new stake in shares of Sun Country Airlines in the 3rd quarter worth about $250,000. Charles Schwab Investment Management Inc. increased its position in shares of Sun Country Airlines by 2.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 354,101 shares of the company’s stock worth $3,969,000 after purchasing an additional 8,855 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Sun Country Airlines during the 3rd quarter valued at about $500,000. Finally, FMR LLC boosted its position in Sun Country Airlines by 19.0% in the third quarter. FMR LLC now owns 717,341 shares of the company’s stock valued at $8,041,000 after buying an additional 114,687 shares in the last quarter.

Sun Country Airlines Stock Down 2.3 %

Shares of SNCY opened at $13.56 on Wednesday. The firm has a market capitalization of $720.82 million, a price-to-earnings ratio of 14.27, a PEG ratio of 0.42 and a beta of 1.46. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $18.59. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. The business’s fifty day moving average price is $15.74 and its two-hundred day moving average price is $14.21.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.06. The business had revenue of $260.40 million for the quarter, compared to analysts’ expectations of $258.04 million. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.12 earnings per share. On average, analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Susquehanna lifted their target price on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.29.

Insider Transactions at Sun Country Airlines

In related news, CFO David M. Davis sold 2,760 shares of Sun Country Airlines stock in a transaction on Friday, January 10th. The stock was sold at an average price of $15.93, for a total transaction of $43,966.80. Following the completion of the sale, the chief financial officer now directly owns 32,260 shares of the company’s stock, valued at $513,901.80. The trade was a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Grant Whitney sold 2,127 shares of the stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $15.98, for a total value of $33,989.46. Following the completion of the transaction, the senior vice president now directly owns 20,367 shares in the company, valued at $325,464.66. The trade was a 9.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 200,541 shares of company stock worth $3,380,795 in the last quarter. 4.60% of the stock is owned by company insiders.

Sun Country Airlines Profile

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.