33,432 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Purchased by PharVision Advisers LLC

PharVision Advisers LLC purchased a new stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 33,432 shares of the company's stock, valued at approximately $487,000. PharVision Advisers LLC owned 0.06% of Sun Country Airlines at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Zimmer Partners LP purchased a new position in shares of Sun Country Airlines during the 4th quarter valued at approximately $6,261,000. Two Sigma Advisers LP acquired a new stake in Sun Country Airlines during the fourth quarter valued at $219,000. Two Sigma Investments LP purchased a new position in Sun Country Airlines in the fourth quarter valued at $1,435,000. State of Wyoming raised its position in shares of Sun Country Airlines by 102.7% in the fourth quarter. State of Wyoming now owns 8,411 shares of the company's stock worth $123,000 after acquiring an additional 4,262 shares during the period. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of Sun Country Airlines in the fourth quarter worth about $331,000.

Insiders Place Their Bets

In related news, CEO Jude Bricker sold 2,172 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $12.02, for a total value of $26,107.44. Following the completion of the sale, the chief executive officer now owns 127,589 shares of the company's stock, valued at approximately $1,533,619.78. This represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 5,662 shares of company stock valued at $68,045. Insiders own 5.00% of the company's stock.

Sun Country Airlines Price Performance

SNCY stock traded down $0.21 during trading on Monday, hitting $11.03. The stock had a trading volume of 501,798 shares, compared to its average volume of 836,513. Sun Country Airlines Holdings, Inc. has a twelve month low of $8.10 and a twelve month high of $18.59. The company's 50-day moving average price is $11.09 and its two-hundred day moving average price is $13.90. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.63 and a quick ratio of 0.61. The stock has a market capitalization of $586.88 million, a P/E ratio of 11.61, a PEG ratio of 0.42 and a beta of 1.57.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The business had revenue of $326.65 million during the quarter, compared to analysts' expectations of $329.51 million. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. The company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.66 earnings per share. As a group, research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on SNCY shares. Susquehanna raised their target price on Sun Country Airlines from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. TD Cowen boosted their price objective on Sun Country Airlines from $14.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. reduced their target price on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Finally, Barclays dropped their price target on shares of Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $17.43.

Sun Country Airlines Company 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.