1 week Ago By Defense World Staff
Vanguard Group Inc. decreased its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Free Report) by 0.
6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,600,177 shares of the company’s stock after selling 28,023 shares during the quarter. Vanguard Group Inc.
owned approximately 8.69% of Sun Country Airlines worth $67,071,000 as of its most recent SEC filing. A number of other hedge funds have also recently bought and sold shares of the company.
Stoneridge Investment Partners LLC bought a new stake in shares of Sun Country Airlines during the fourth quarter worth $154,000. Versor Investments LP bought a new position in shares of Sun Country Airlines in the 4th quarter valued at about $185,000. Quantbot Technologies LP acquired a new stake in shares of Sun Country Airlines during the 4th quarter worth approximately $186,000.
Proficio Capital Partners LLC bought a new stake in shares of Sun Country Airlines during the fourth quarter worth approximately $190,000. Finally, New York State Teachers Retirement System raised its stake in shares of Sun Country Airlines by 11.9% during the fourth quarter.
New York State Teachers Retirement System now owns 14,168 shares of the company’s stock worth $207,000 after buying an additional 1,505 shares during the last quarter. Sun Country Airlines Price PerformanceSNCY opened at $10.39 on Friday.
The company has a fifty day simple moving average of $14.30 and a 200 day simple moving average of $14.19.
The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.
86. The stock has a market cap of $552.31 million, a P/E ratio of 10.
94, a P/E/G ratio of 0.42 and a beta of 1.55.
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 released its quarterly earnings results on Tuesday, February 4th. The company reported $0.
27 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06.
Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%.
The company had revenue of $260.40 million for the quarter, compared to analyst estimates of $258.04 million.
During the same quarter last year, the firm posted $0.12 earnings per share. Sun Country Airlines’s revenue was up 6.
1% compared to the same quarter last year. On average, research analysts expect that Sun Country Airlines Holdings, Inc. will post 1.
92 EPS for the current year. Analyst Upgrades and DowngradesSNCY has been the subject of a number of analyst reports. Barclays lowered their target price on shares of Sun Country Airlines from $24.
00 to $18.00 and set an “overweight” rating for the company in a report on Tuesday. Susquehanna decreased their price objective on Sun Country Airlines from $17.
00 to $11.00 and set a “neutral” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co.
initiated coverage on Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 target price on the stock.
Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.
71.Read Our Latest Analysis on SNCYInsiders Place Their BetsIn other Sun Country Airlines news, CEO Jude Bricker sold 2,172 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $12.
02, for a total transaction of $26,107.44. Following the completion of the transaction, the chief executive officer now owns 127,589 shares in the company, valued at approximately $1,533,619.
78. This represents a 1.67 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Grant Whitney sold 3,912 shares of Sun Country Airlines stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $15.
88, for a total value of $62,122.56. Following the completion of the sale, the senior vice president now directly owns 16,455 shares in the company, valued at $261,305.
40. This represents a 19.21 % decrease in their position.
The disclosure for this sale can be found here. In the last three months, insiders have sold 190,327 shares of company stock worth $3,201,474. Company insiders own 4.
60% of the company’s stock. About Sun Country Airlines (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.Recommended StoriesFive stocks we like better than Sun Country Airlines3 Best Fintech Stocks for a Portfolio BoostJoby Aviation: Operational Momentum vs. Market SentimentHow to Calculate Options ProfitsBroadcom’s Big Outperformance Shows Strength Amid Tariff DeclineAirline Stocks – Top Airline Stocks to Buy NowCarvana: Can Turnaround Strength Outdrive Market Headwinds?.
