WINTON GROUP Ltd lowered its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Free Report) by 5.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 91,278 shares of the company’s stock after selling 5,615 shares during the period. WINTON GROUP Ltd’s holdings in Sun Country Airlines were worth $1,331,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of SNCY. Paloma Partners Management Co acquired a new position in shares of Sun Country Airlines in the third quarter valued at approximately $132,000. Stoneridge Investment Partners LLC acquired a new position in Sun Country Airlines in the 4th quarter valued at $154,000. Versor Investments LP bought a new position in Sun Country Airlines during the 4th quarter worth $185,000. Quantbot Technologies LP acquired a new stake in shares of Sun Country Airlines during the fourth quarter worth $186,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of Sun Country Airlines in the fourth quarter valued at about $190,000.
Analysts Set New Price Targets
A number of research firms recently commented on SNCY. JPMorgan Chase & Co. assumed coverage on shares of Sun Country Airlines in a research report on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 price target on the stock. Susquehanna raised their target price on shares of Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Sun Country Airlines currently has an average rating of “Moderate Buy” and a consensus target price of $19.29.
Insider Transactions at Sun Country Airlines
In other Sun Country Airlines news, VP John Gyurci sold 27,482 shares of Sun Country Airlines stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.09, for a total value of $469,667.38. Following the transaction, the vice president now owns 11,618 shares in the company, valued at $198,551.62. The trade was a 70.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO David M. Davis sold 59,389 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.05, for a total transaction of $1,012,582.45. Following the completion of the transaction, the chief financial officer now directly owns 32,260 shares of the company’s stock, valued at $550,033. This trade represents a 64.80 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 200,541 shares of company stock valued at $3,380,795. Corporate insiders own 4.60% of the company’s stock.
Sun Country Airlines Trading Down 1.3 %
Shares of Sun Country Airlines stock opened at $13.37 on Friday. The firm’s 50-day moving average price is $15.63 and its two-hundred day moving average price is $14.20. The company has a market capitalization of $710.72 million, a price-to-earnings ratio of 14.07, a PEG ratio of 0.42 and a beta of 1.46. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.86. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $18.59.
Sun Country Airlines (NASDAQ:SNCY – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.06. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. The business had revenue of $260.40 million for the quarter, compared to analyst estimates of $258.04 million. During the same quarter last year, the business posted $0.12 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.
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.
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