10,569 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Acquired by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC purchased a new stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,569 shares of the company’s stock, valued at approximately $154,000.

Other large investors have also recently bought and sold shares of the company. Pacer Advisors Inc. bought a new position in shares of Sun Country Airlines in the fourth quarter worth approximately $30,841,000. U S Global Investors Inc. lifted its position in Sun Country Airlines by 14.2% during the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after purchasing an additional 336,086 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in Sun Country Airlines in the 3rd quarter worth approximately $2,980,000. JPMorgan Chase & Co. increased its holdings in shares of Sun Country Airlines by 695.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after buying an additional 224,774 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Sun Country Airlines by 87.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock valued at $6,114,000 after buying an additional 196,094 shares in the last quarter.

Insiders Place Their Bets

In other Sun Country Airlines news, CFO David M. Davis sold 2,760 shares of the firm’s 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 transaction, the chief financial officer now directly owns 32,260 shares in the company, valued at $513,901.80. This trade represents a 7.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP John Gyurci sold 27,482 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.09, for a total transaction of $469,667.38. Following the completion of the sale, the vice president now directly owns 11,618 shares of the company’s stock, valued at approximately $198,551.62. This trade represents a 70.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 242,279 shares of company stock worth $4,031,056. Corporate insiders own 4.60% of the company’s stock.

Sun Country Airlines Stock Up 2.0 %

NASDAQ SNCY opened at $16.50 on Friday. The business’s 50-day moving average is $15.52 and its 200 day moving average is $13.16. The stock has a market capitalization of $873.51 million, a PE ratio of 17.37, a PEG ratio of 0.37 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.63 and a quick ratio of 0.57. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $17.75.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share 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 net margin of 4.92% and a return on equity of 10.23%. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. Sell-side analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.96 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on SNCY shares. Susquehanna increased their target price on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. Barclays lifted their price target on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Finally, JPMorgan Chase & Co. began coverage on shares of Sun Country Airlines in a research report on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.29.

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.