1 week Ago By Defense World Staff
Corebridge Financial Inc. trimmed its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Free Report) by 7.
2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,016 shares of the company’s stock after selling 1,638 shares during the period. Corebridge Financial Inc.
’s holdings in Sun Country Airlines were worth $306,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in SNCY. Stoneridge Investment Partners LLC bought a new stake in Sun Country Airlines in the 4th quarter valued at $154,000.
Versor Investments LP bought a new position in shares of Sun Country Airlines in the fourth quarter valued at about $185,000. Quantbot Technologies LP acquired a new stake in shares of Sun Country Airlines during the 4th quarter worth about $186,000. Proficio Capital Partners LLC bought a new stake in shares of Sun Country Airlines during the 4th quarter worth about $190,000.
Finally, New York State Teachers Retirement System grew its stake in Sun Country Airlines by 11.9% in the 4th quarter. New York State Teachers Retirement System now owns 14,168 shares of the company’s stock valued at $207,000 after buying an additional 1,505 shares during the last quarter.
Sun Country Airlines Trading Down 10.8 %Shares of SNCY stock opened at $10.39 on Friday.
The stock has a market cap of $552.31 million, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 0.
42 and a beta of 1.55. Sun Country Airlines Holdings, Inc.
has a 1 year low of $9.22 and a 1 year high of $18.59.
The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 0.
86. The stock has a 50 day simple moving average of $14.30 and a 200 day simple moving average of $14.
19. Sun Country Airlines (NASDAQ:SNCY – Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.
27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06.
The firm had revenue of $260.40 million during the quarter, compared to the consensus estimate of $258.04 million.
Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%.
The company’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.
12 EPS. On average, research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.
92 earnings per share for the current fiscal year. Analysts Set New Price TargetsA number of equities research analysts have recently issued reports on the company. Susquehanna reduced their price objective on Sun Country Airlines from $17.
00 to $11.00 and set a “neutral” rating for the company in a report on Monday. JPMorgan Chase & Co.
initiated coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 price target for the company.
Finally, Barclays decreased their price objective on Sun Country Airlines from $24.00 to $18.00 and set an “overweight” rating on the stock in a report on Tuesday.
Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Sun Country Airlines presently has an average rating of “Moderate Buy” and a consensus target price of $17.
71.View Our Latest Stock Report on SNCYInsider Buying and Selling at Sun Country AirlinesIn related news, VP John Gyurci sold 6,000 shares of Sun Country Airlines stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $17.
13, for a total value of $102,780.00. Following the transaction, the vice president now directly owns 11,618 shares of the company’s stock, valued at $199,016.
34. This trade represents a 34.06 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jude Bricker sold 2,172 shares of the company’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $12.
02, for a total value of $26,107.44. Following the sale, the chief executive officer now owns 127,589 shares of the company’s stock, valued at $1,533,619.
78. The trade was a 1.67 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Insiders have sold a total of 190,327 shares of company stock valued at $3,201,474 in the last ninety days. 4.
60% of the stock is currently owned by company insiders. Sun Country Airlines Company Profile (Free Report)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.Further ReadingFive stocks we like better than Sun Country AirlinesDividend Payout Ratio CalculatorJoby Aviation: Operational Momentum vs. Market SentimentHow to Invest in Insurance Companies: A Guide Broadcom’s Big Outperformance Shows Strength Amid Tariff DeclineRussell 2000 Index, How Investors Use it For Profitable TradingCarvana: Can Turnaround Strength Outdrive Market Headwinds?.
