Brevan Howard Capital Management LP Has $1.71 Million Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Brevan Howard Capital Management LP grew its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 35.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 117,335 shares of the company's stock after purchasing an additional 30,524 shares during the quarter. Brevan Howard Capital Management LP owned about 0.22% of Sun Country Airlines worth $1,711,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SNCY. Canada Pension Plan Investment Board acquired a new stake in Sun Country Airlines in the 4th quarter valued at approximately $60,000. BNP Paribas Financial Markets acquired a new stake in shares of Sun Country Airlines in the fourth quarter worth $74,000. Aquatic Capital Management LLC bought a new position in Sun Country Airlines during the fourth quarter worth $102,000. Quarry LP boosted its holdings in Sun Country Airlines by 355.0% in the 4th quarter. Quarry LP now owns 7,894 shares of the company's stock valued at $115,000 after purchasing an additional 6,159 shares during the period. Finally, Stoneridge Investment Partners LLC acquired a new stake in Sun Country Airlines in the 4th quarter worth $154,000.

Sun Country Airlines Price Performance

NASDAQ:SNCY traded down $0.07 during mid-day trading on Friday, reaching $11.83. 866,314 shares of the company were exchanged, compared to its average volume of 825,851. Sun Country Airlines Holdings, Inc. has a 12 month low of $8.10 and a 12 month high of $18.59. The stock has a market cap of $629.45 million, a PE ratio of 12.45, a PEG ratio of 0.42 and a beta of 1.57. 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 company has a fifty day moving average of $11.45 and a 200 day moving average of $14.02.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The firm had revenue of $326.65 million during the quarter, compared to analysts' expectations of $329.51 million. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. Sun Country Airlines's revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.66 EPS. On average, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

SNCY has been the topic of several research reports. Susquehanna boosted their price target on Sun Country Airlines from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Monday. TD Cowen upped their target price on Sun Country Airlines from $14.00 to $20.00 and gave the company a "buy" rating in a research note on Tuesday. JPMorgan Chase & Co. reduced their target price on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday. Finally, Barclays lowered their price target on shares of Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $17.43.

Insider Buying and Selling

In other news, CEO Jude Bricker sold 2,172 shares of the business's 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 directly owns 127,589 shares in the company, valued at approximately $1,533,619.78. The trade was a 1.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 5,662 shares of company stock valued at $68,045 over the last ninety days. Insiders own 4.60% of the company's stock.

Sun Country Airlines Company Profile

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.