Hotchkis & Wiley Capital Management LLC Has $2.93 Million Stock Holdings in Sun Country Airlines Holdings, Inc. $SNCY

Key Points

• Hotchkis & Wiley Capital Management LLC has reduced its position in Sun Country Airlines by 10.9%, now holding shares valued at approximately $2.93 million.
• Sun Country Airlines reported an earnings per share (EPS) of $0.14 for the latest quarter, which exceeded consensus estimates of $0.13 and indicated a 3.6% revenue growth year-over-year.
• Analysts have recently adjusted their price targets for Sun Country Airlines, with the consensus target now set at $17.38, reflecting a general shift towards a Moderate Buy rating for the stock.

Hotchkis & Wiley Capital Management LLC decreased its position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 10.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 237,450 shares of the company's stock after selling 28,990 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 0.45% of Sun Country Airlines worth $2,925,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. New York State Teachers Retirement System raised its holdings in Sun Country Airlines by 17.2% in the 1st 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. SG Americas Securities LLC acquired a new position in shares of Sun Country Airlines during the first quarter valued at about $498,000. Renaissance Technologies LLC bought a new stake in shares of Sun Country Airlines in the fourth quarter valued at about $1,475,000. Burkehill Global Management LP bought a new stake in shares of Sun Country Airlines in the first quarter valued at about $1,232,000. Finally, American Century Companies Inc. grew its position in Sun Country Airlines by 20.5% during the first quarter. American Century Companies Inc. now owns 1,681,820 shares of the company's stock worth $20,720,000 after buying an additional 285,872 shares in the last quarter.

Insider Activity at Sun Country Airlines

In other 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 transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 9,372 shares of company stock worth $110,365. Insiders own 4.60% of the company's stock.

Sun Country Airlines Stock Performance

NASDAQ SNCY opened at $12.82 on Wednesday. The firm has a market capitalization of $683.56 million, a P/E ratio of 12.09, a price-to-earnings-growth ratio of 0.30 and a beta of 1.61. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.72. The firm's fifty day moving average price is $11.96 and its two-hundred day moving average price is $12.31. Sun Country Airlines Holdings, Inc. has a 1 year low of $8.10 and a 1 year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $263.62 million for the quarter, compared to analyst estimates of $256.04 million. During the same quarter in the prior year, the company earned $0.06 earnings per share. The business's revenue for the quarter 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, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Susquehanna reaffirmed a "neutral" rating and issued a $11.00 target price (down from $12.00) on shares of Sun Country Airlines in a research report on Tuesday, August 5th. Evercore ISI decreased their price objective on shares of Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating on the stock in a research note on Monday, August 4th. Morgan Stanley decreased their price target on Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a research report on Monday, August 4th. JPMorgan Chase & Co. dropped their price objective on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Finally, TD Cowen lifted their price target on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Sun Country Airlines presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.38.

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.

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