Petrus Trust Company LTA Purchases Shares of 27,143 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 position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 27,143 shares of the company's stock, valued at approximately $334,000. Petrus Trust Company LTA owned approximately 0.05% of Sun Country Airlines as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the company. Polar Asset Management Partners Inc. bought a new position in shares of Sun Country Airlines in the 1st quarter worth approximately $1,848,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Sun Country Airlines by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company's stock valued at $289,000 after buying an additional 1,014 shares during the last quarter. Hancock Whitney Corp raised its stake in Sun Country Airlines by 17.4% during the first quarter. Hancock Whitney Corp now owns 17,142 shares of the company's stock valued at $211,000 after buying an additional 2,542 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in Sun Country Airlines by 52.8% during the first quarter. Bridgeway Capital Management LLC now owns 646,693 shares of the company's stock valued at $7,967,000 after buying an additional 223,569 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in Sun Country Airlines during the first quarter valued at $168,000.

Sun Country Airlines Price Performance

Shares of SNCY remained flat at $13.65 during trading hours on Friday. The company had a trading volume of 1,314,419 shares, compared to its average volume of 970,906. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.63 and a quick ratio of 0.59. Sun Country Airlines Holdings, Inc. has a one year low of $8.10 and a one year high of $18.59. The company has a market cap of $727.82 million, a price-to-earnings ratio of 12.88, a PEG ratio of 0.31 and a beta of 1.62. The firm has a 50 day moving average price of $12.34 and a two-hundred day moving average price of $12.00.

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

Wall Street Analysts Forecast Growth

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

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.