Vanguard Group Inc. Boosts Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Vanguard Group Inc. increased its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 3.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,209,412 shares of the company's stock after acquiring an additional 150,735 shares during the period. Vanguard Group Inc. owned approximately 7.78% of Sun Country Airlines worth $62,468,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Lazard Asset Management LLC acquired a new position in Sun Country Airlines during the third quarter valued at approximately $34,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Sun Country Airlines during the second quarter worth $40,000. Coppell Advisory Solutions LLC acquired a new position in shares of Sun Country Airlines during the second quarter worth $48,000. Allspring Global Investments Holdings LLC lifted its position in shares of Sun Country Airlines by 71.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,593 shares of the company's stock worth $53,000 after purchasing an additional 1,498 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of Sun Country Airlines during the first quarter worth $54,000.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SNCY. Morgan Stanley raised shares of Sun Country Airlines from an "equal weight" rating to an "overweight" rating and set a $21.00 target price on the stock in a research report on Monday, February 26th. Barclays boosted their target price on shares of Sun Country Airlines from $18.00 to $20.00 and gave the stock an "overweight" rating in a research report on Monday, February 5th. Finally, Susquehanna reissued a "neutral" rating and set a $15.00 target price (down from $17.00) on shares of Sun Country Airlines in a research report on Wednesday, January 10th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Sun Country Airlines has an average rating of "Moderate Buy" and an average target price of $19.60.

Insider Buying and Selling at Sun Country Airlines

In other Sun Country Airlines news, CEO Jude Bricker sold 2,145 shares of the business's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $14.35, for a total transaction of $30,780.75. Following the completion of the sale, the chief executive officer now owns 124,991 shares in the company, valued at $1,793,620.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO Jude Bricker sold 2,145 shares of the company's stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $14.35, for a total transaction of $30,780.75. Following the completion of the transaction, the chief executive officer now owns 124,991 shares in the company, valued at $1,793,620.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Sca Horus Holdings, Llc sold 231,392 shares of the company's stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $16.00, for a total transaction of $3,702,272.00. Following the transaction, the insider now owns 11,161,105 shares of the company's stock, valued at approximately $178,577,680. The disclosure for this sale can be found here. Insiders sold a total of 236,465 shares of company stock worth $3,775,216 over the last 90 days. Insiders own 3.50% of the company's stock.

Sun Country Airlines Stock Up 1.7 %

Shares of NASDAQ:SNCY traded up $0.25 during midday trading on Monday, reaching $14.81. The company had a trading volume of 456,877 shares, compared to its average volume of 651,580. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.65 and a quick ratio of 0.63. The stock's fifty day moving average price is $14.64 and its 200-day moving average price is $14.59. The stock has a market capitalization of $789.22 million, a P/E ratio of 12.14 and a beta of 1.62. Sun Country Airlines Holdings, Inc. has a one year low of $11.96 and a one year high of $23.80.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its earnings results on Wednesday, January 31st. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. Sun Country Airlines had a net margin of 6.88% and a return on equity of 15.23%. The firm had revenue of $245.54 million during the quarter, compared to analyst estimates of $248.82 million. Equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 1.64 earnings per share for the current fiscal year.

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.