Petrus Trust Company LTA Acquires New Position in Sun Country Airlines Holdings, Inc. $SNCY

Key Points

• Petrus Trust Company LTA purchased 27,143 shares of Sun Country Airlines valued at approximately $334,000, marking a new stake in the company during Q1.
• Multiple institutional investors have recently increased their holdings, with Bridgeway Capital Management LLC boosting its stake by 52.8%, now owning 646,693 shares valued at $7,967,000.
• Sun Country Airlines recently received upgrades from equity analysts, with Wall Street Zen raising its rating from "buy" to "strong-buy" and setting a consensus price target of $17.38.

Petrus Trust Company LTA bought a new stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 27,143 shares of the company's stock, valued at approximately $334,000. Petrus Trust Company LTA owned 0.05% of Sun Country Airlines at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Sun Country Airlines by 9.5% in the 1st quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company's stock valued at $62,065,000 after purchasing an additional 437,550 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Sun Country Airlines by 0.6% in the 1st quarter. Ameriprise Financial Inc. now owns 3,135,573 shares of the company's stock valued at $38,620,000 after purchasing an additional 17,437 shares during the period. American Century Companies Inc. lifted its stake in shares of Sun Country Airlines by 20.5% in the 1st quarter. American Century Companies Inc. now owns 1,681,820 shares of the company's stock valued at $20,720,000 after purchasing an additional 285,872 shares during the period. LSV Asset Management lifted its stake in shares of Sun Country Airlines by 30.7% in the 1st quarter. LSV Asset Management now owns 1,028,778 shares of the company's stock valued at $12,675,000 after purchasing an additional 241,400 shares during the period. Finally, Driehaus Capital Management LLC lifted its stake in shares of Sun Country Airlines by 58.9% in the 1st quarter. Driehaus Capital Management LLC now owns 966,637 shares of the company's stock valued at $11,909,000 after purchasing an additional 358,428 shares during the period.

Wall Street Analyst Weigh In

SNCY has been the subject of several analyst reports. Susquehanna reiterated a "neutral" rating and issued a $11.00 target price (down from $12.00) on shares of Sun Country Airlines in a research note on Tuesday, August 5th. Morgan Stanley cut their price target on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, August 4th. JPMorgan Chase & Co. upped their price objective on shares of Sun Country Airlines from $18.00 to $23.00 and gave the stock an "overweight" rating in a research report on Friday. Evercore ISI reduced their price objective on shares of Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating for the company in a research report on Monday, August 4th. Finally, Wall Street Zen upgraded shares of Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $17.75.

Sun Country Airlines Stock Performance

NASDAQ:SNCY remained flat at $13.65 during trading hours on Friday. 1,314,419 shares of the company's stock were exchanged, compared to its average volume of 785,068. The stock has a fifty day moving average of $12.36 and a 200-day moving average of $11.92. The firm has a market cap of $727.82 million, a price-to-earnings ratio of 12.88, a PEG ratio of 0.33 and a beta of 1.62. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.59 and a current ratio of 0.63. Sun Country Airlines Holdings, Inc. has a 52 week low of $8.10 and a 52 week high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The business had revenue of $263.62 million during the quarter, compared to analysts' expectations of $256.04 million. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.06 earnings per share. Sun Country Airlines has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Insider Activity at Sun Country Airlines

In other news, VP John Gyurci sold 5,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total value of $65,900.00. Following the completion of the sale, the vice president directly owned 25,109 shares in the company, valued at $330,936.62. This represents a 16.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 11,926 shares of company stock valued at $149,456 in the last ninety days. 4.60% of the stock is owned by corporate insiders.

Sun Country Airlines 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.