394,540 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Bought by Foundry Partners LLC

Foundry Partners LLC acquired a new stake 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 Securities and Exchange Commission. The fund acquired 394,540 shares of the company's stock, valued at approximately $4,861,000. Foundry Partners LLC owned 0.74% of Sun Country Airlines as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Sun Country Airlines by 3.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,473 shares of the company's stock valued at $328,000 after purchasing an additional 796 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Sun Country Airlines by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 356,033 shares of the company's stock worth $5,191,000 after acquiring an additional 1,932 shares during the period. New York State Teachers Retirement System grew its position in Sun Country Airlines by 17.2% in the first quarter. New York State Teachers Retirement System now owns 16,611 shares of the company's stock worth $205,000 after acquiring an additional 2,443 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Sun Country Airlines by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 23,944 shares of the company's stock worth $350,000 after purchasing an additional 2,792 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its stake in Sun Country Airlines by 9.2% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 48,735 shares of the company's stock worth $711,000 after purchasing an additional 4,089 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have weighed in on SNCY shares. TD Cowen raised their price target on Sun Country Airlines from $14.00 to $20.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. reduced their price target on shares of Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Susquehanna lifted their target price on shares of Sun Country Airlines from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Finally, Barclays cut their price objective 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 four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $16.83.

Insider Activity

In related news, VP John Gyurci sold 3,150 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $11.49, for a total value of $36,193.50. Following the completion of the sale, the vice president owned 26,122 shares in the company, valued at $300,141.78. The trade was a 10.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 9,372 shares of company stock worth $110,365. Company insiders own 4.60% of the company's stock.

Sun Country Airlines Stock Performance

Shares of SNCY stock traded down $0.10 on Monday, hitting $12.38. The company's stock had a trading volume of 574,442 shares, compared to its average volume of 868,498. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $18.59. The stock's 50 day moving average is $11.88 and its 200-day moving average is $13.11. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.60 and a current ratio of 0.63. The company has a market capitalization of $658.74 million, a PE ratio of 12.76, a PEG ratio of 0.26 and a beta of 1.61.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $326.65 million during the quarter, compared to the consensus estimate of $329.51 million. Sun Country Airlines had a net margin of 4.96% and a return on equity of 10.28%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 EPS. Equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

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.