SG Americas Securities LLC Has $1.27 Million Stock Holdings in Frontier Group Holdings, Inc. $ULCC

SG Americas Securities LLC increased its holdings in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) by 899.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 349,194 shares of the company’s stock after acquiring an additional 314,240 shares during the quarter. SG Americas Securities LLC’s holdings in Frontier Group were worth $1,268,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ULCC. Goldman Sachs Group Inc. grew its stake in shares of Frontier Group by 33.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock worth $4,398,000 after purchasing an additional 251,509 shares during the last quarter. Petrus Trust Company LTA acquired a new position in Frontier Group during the 1st quarter worth about $219,000. American Century Companies Inc. grew its position in shares of Frontier Group by 1,353.6% in the 1st quarter. American Century Companies Inc. now owns 774,988 shares of the company’s stock valued at $3,363,000 after buying an additional 721,674 shares during the last quarter. Invesco Ltd. increased its stake in shares of Frontier Group by 15.8% in the first quarter. Invesco Ltd. now owns 80,550 shares of the company’s stock valued at $350,000 after buying an additional 11,009 shares during the period. Finally, Nuveen LLC bought a new position in shares of Frontier Group during the first quarter worth about $466,000.

Analyst Upgrades and Downgrades

Several analysts recently commented on ULCC shares. Seaport Res Ptn upgraded Frontier Group to a “hold” rating in a report on Thursday, September 25th. UBS Group boosted their price target on shares of Frontier Group from $3.50 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, September 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Frontier Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $4.00 to $8.00 in a research note on Tuesday, September 2nd. Finally, Susquehanna upped their price target on shares of Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a research report on Friday, October 3rd. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $6.13.

Frontier Group Price Performance

Frontier Group stock opened at $3.79 on Friday. The stock has a market capitalization of $867.72 million, a price-to-earnings ratio of -6.21 and a beta of 2.57. Frontier Group Holdings, Inc. has a 52-week low of $2.89 and a 52-week high of $10.26. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.36 and a current ratio of 0.40. The stock’s 50 day moving average price is $4.31 and its two-hundred day moving average price is $4.21.

Frontier Group (NASDAQ:ULCC) last issued its earnings results on Wednesday, November 5th. The company reported ($0.34) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.34). The business had revenue of $886.00 million for the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. Frontier Group’s revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.05) earnings per share. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. On average, equities analysts predict that Frontier Group Holdings, Inc. will post 0.91 earnings per share for the current year.

Frontier Group Company Profile

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.