Privium Fund Management UK Ltd Cuts Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Privium Fund Management UK Ltd decreased its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCYFree Report) by 34.0% in the 4th quarter, Holdings Channel reports. The firm owned 25,163 shares of the company’s stock after selling 12,938 shares during the period. Privium Fund Management UK Ltd’s holdings in Sun Country Airlines were worth $392,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Sun Country Airlines by 3.7% in the third quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock worth $62,468,000 after buying an additional 150,735 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Sun Country Airlines by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 317,460 shares of the company’s stock worth $4,994,000 after buying an additional 8,062 shares in the last quarter. Rhumbline Advisers boosted its stake in Sun Country Airlines by 3.1% in the third quarter. Rhumbline Advisers now owns 117,918 shares of the company’s stock worth $1,750,000 after buying an additional 3,593 shares in the last quarter. Boston Partners boosted its stake in Sun Country Airlines by 95.7% in the third quarter. Boston Partners now owns 109,038 shares of the company’s stock worth $1,618,000 after buying an additional 53,320 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC boosted its stake in Sun Country Airlines by 70.3% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 35,289 shares of the company’s stock worth $524,000 after buying an additional 14,568 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SNCY shares. Morgan Stanley raised Sun Country Airlines from an “equal weight” rating to an “overweight” rating and set a $21.00 target price for the company in a research note on Monday, February 26th. TD Cowen cut their target price on Sun Country Airlines from $22.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, May 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Sun Country Airlines presently has an average rating of “Moderate Buy” and a consensus target price of $19.17.

Read Our Latest Research Report on Sun Country Airlines

Insider Activity at Sun Country Airlines

In related news, SVP Grant Whitney sold 5,888 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $10.68, for a total transaction of $62,883.84. Following the completion of the transaction, the senior vice president now owns 26,355 shares in the company, valued at $281,471.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, SVP Grant Whitney sold 5,888 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $10.68, for a total transaction of $62,883.84. Following the completion of the transaction, the senior vice president now owns 26,355 shares in the company, valued at $281,471.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jude Bricker sold 2,145 shares of the company’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $14.35, for a total value of $30,780.75. Following the completion of the sale, the chief executive officer now directly owns 124,991 shares in the company, valued at $1,793,620.85. The disclosure for this sale can be found here. Insiders sold a total of 10,961 shares of company stock worth $135,828 over the last quarter. 3.50% of the stock is owned by corporate insiders.

Sun Country Airlines Trading Down 0.9 %

SNCY stock traded down $0.09 during midday trading on Friday, hitting $10.41. The company had a trading volume of 503,017 shares, compared to its average volume of 587,350. The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 1.08. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $23.80. The stock’s 50 day moving average price is $12.58 and its 200 day moving average price is $14.08. The stock has a market cap of $547.67 million, a price-to-earnings ratio of 8.53, a PEG ratio of 0.49 and a beta of 1.52.

Sun Country Airlines (NASDAQ:SNCYGet Free Report) last announced its earnings results on Monday, May 6th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.02). The business had revenue of $311.50 million for the quarter, compared to the consensus estimate of $316.23 million. Sun Country Airlines had a net margin of 6.48% and a return on equity of 14.35%. Sun Country Airlines’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.68 EPS. As a group, equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 1.18 earnings per share for the current fiscal year.

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.

Read More

Want to see what other hedge funds are holding SNCY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sun Country Airlines Holdings, Inc. (NASDAQ:SNCYFree Report).

Institutional Ownership by Quarter for Sun Country Airlines (NASDAQ:SNCY)

Receive News & Ratings for Sun Country Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Country Airlines and related companies with MarketBeat.com's FREE daily email newsletter.