28,025 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 28,025 shares of the company’s stock, valued at approximately $409,000. Fox Run Management L.L.C. owned approximately 0.05% of Sun Country Airlines at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stoneridge Investment Partners LLC acquired a new position in Sun Country Airlines in the 4th quarter worth approximately $154,000. Paloma Partners Management Co acquired a new stake in shares of Sun Country Airlines in the third quarter worth $132,000. Versor Investments LP purchased a new position in shares of Sun Country Airlines during the fourth quarter valued at $185,000. Quantbot Technologies LP acquired a new position in Sun Country Airlines during the fourth quarter valued at $186,000. Finally, Proficio Capital Partners LLC purchased a new stake in Sun Country Airlines in the 4th quarter worth about $190,000.

Sun Country Airlines Price Performance

NASDAQ SNCY opened at $13.56 on Wednesday. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $18.59. The stock’s 50-day moving average is $15.74 and its two-hundred day moving average is $14.21. The firm has a market cap of $720.82 million, a P/E ratio of 14.27, a price-to-earnings-growth ratio of 0.42 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 0.61.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $260.40 million during the quarter, compared to analyst estimates of $258.04 million. During the same period in the previous year, the company earned $0.12 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SNCY. Susquehanna upped their price objective on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. 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 objective for the company. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.29.

Insider Activity at Sun Country Airlines

In related news, VP John Gyurci sold 6,000 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $17.13, for a total transaction of $102,780.00. Following the completion of the transaction, the vice president now owns 11,618 shares of the company’s stock, valued at approximately $199,016.34. The trade was a 34.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David M. Davis sold 59,389 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $17.05, for a total value of $1,012,582.45. Following the completion of the sale, the chief financial officer now directly owns 32,260 shares in the company, valued at $550,033. This trade represents a 64.80 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 200,541 shares of company stock worth $3,380,795. 4.60% of the stock is owned by insiders.

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.