Nuveen LLC Takes Position in Sun Country Airlines Holdings, Inc. $SNCY

Nuveen LLC purchased a new stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 90,518 shares of the company's stock, valued at approximately $1,115,000. Nuveen LLC owned about 0.17% of Sun Country Airlines as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SNCY. Wells Fargo & Company MN increased its holdings in shares of Sun Country Airlines by 38.1% in the 4th quarter. Wells Fargo & Company MN now owns 21,155 shares of the company's stock worth $308,000 after purchasing an additional 5,834 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Sun Country Airlines by 19.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,639,615 shares of the company's stock worth $23,906,000 after purchasing an additional 264,976 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Sun Country Airlines by 13.2% in the 4th 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. Aquatic Capital Management LLC bought a new stake in shares of Sun Country Airlines in the 4th quarter worth $102,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Sun Country Airlines in the 4th quarter worth $613,000.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Evercore ISI reduced their target price on Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating for the company in a report on Monday, August 4th. Wall Street Zen raised Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a report on Friday. Susquehanna reissued a "neutral" rating and issued a $11.00 target price (down previously from $12.00) on shares of Sun Country Airlines in a report on Tuesday, August 5th. Finally, Morgan Stanley lowered their price target on Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Monday, August 4th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $17.38.

Insider Activity

In other news, VP John Gyurci sold 3,150 shares of the business's stock in a transaction on Thursday, June 12th. The shares were 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 of the company's stock, valued at $300,141.78. The trade was a 10.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders have sold 10,076 shares of company stock worth $119,750. Insiders own 5.00% of the company's stock.

Sun Country Airlines Stock Performance

Shares of SNCY stock traded up $0.21 during mid-day trading on Friday, reaching $13.17. 982,986 shares of the company's stock traded hands, compared to its average volume of 754,162. Sun Country Airlines Holdings, Inc. has a 12 month low of $8.10 and a 12 month high of $18.59. The firm has a 50 day moving average price of $12.28 and a two-hundred day moving average price of $12.08. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.59 and a current ratio of 0.63. The firm has a market capitalization of $702.22 million, a PE ratio of 12.42, a price-to-earnings-growth ratio of 0.31 and a beta of 1.62.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm had revenue of $263.62 million during the quarter, compared to the consensus estimate of $256.04 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The company'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. On average, research analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

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.