LSV Asset Management Has $13.21 Million Stock Position in Sun Country Airlines Holdings, Inc. $SNCY

LSV Asset Management lifted its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 9.3% during the second quarter, HoldingsChannel reports. The firm owned 1,124,078 shares of the company’s stock after acquiring an additional 95,300 shares during the quarter. LSV Asset Management’s holdings in Sun Country Airlines were worth $13,208,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Sun Country Airlines by 9.5% during the first quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company’s stock worth $62,065,000 after buying an additional 437,550 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Sun Country Airlines by 0.6% in the first quarter. Ameriprise Financial Inc. now owns 3,135,573 shares of the company’s stock valued at $38,620,000 after acquiring an additional 17,437 shares during the last quarter. U S Global Investors Inc. lifted its stake in Sun Country Airlines by 20.6% in the second quarter. U S Global Investors Inc. now owns 2,076,107 shares of the company’s stock valued at $24,394,000 after acquiring an additional 354,569 shares during the last quarter. American Century Companies Inc. grew its position in shares of Sun Country Airlines by 20.5% in the 1st quarter. American Century Companies Inc. now owns 1,681,820 shares of the company’s stock valued at $20,720,000 after acquiring an additional 285,872 shares during the period. Finally, Voya Investment Management LLC increased its stake in shares of Sun Country Airlines by 5,842.4% during the 1st quarter. Voya Investment Management LLC now owns 1,409,892 shares of the company’s stock worth $17,370,000 after purchasing an additional 1,386,166 shares during the last quarter.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $11.37 on Thursday. The firm has a market cap of $599.43 million, a P/E ratio of 10.83, a price-to-earnings-growth ratio of 0.42 and a beta of 1.59. The business’s 50 day moving average is $12.00 and its 200-day moving average is $11.99. The company has a current ratio of 0.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. Sun Country Airlines Holdings, Inc. has a 1-year low of $8.10 and a 1-year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings data on Wednesday, June 22nd. The company reported ($0.09) EPS for the quarter. The firm had revenue of $127.61 million during the quarter. Sun Country Airlines had a net margin of 5.25% and a return on equity of 10.32%. Equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of Sun Country Airlines stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total value of $65,900.00. Following the completion of the sale, the vice president owned 25,109 shares in the company, valued at $330,936.62. The trade was a 16.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jude Bricker sold 2,139 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $11.69, for a total transaction of $25,004.91. Following the transaction, the chief executive officer owned 123,347 shares in the company, valued at approximately $1,441,926.43. The trade was a 1.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 8,853 shares of company stock valued at $112,101. 5.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Evercore ISI upped their target price on shares of Sun Country Airlines from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Cowen reissued a “buy” rating on shares of Sun Country Airlines in a research report on Monday, November 3rd. Morgan Stanley dropped their price objective on Sun Country Airlines from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Monday, August 4th. Zacks Research downgraded Sun Country Airlines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 5th. Finally, Susquehanna boosted their target price on Sun Country Airlines from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, October 3rd. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Sun Country Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $19.43.

Sun Country Airlines Company 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.