101,200 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 101,200 shares of the company's stock, valued at approximately $1,475,000. Renaissance Technologies LLC owned 0.19% of Sun Country Airlines at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stoneridge Investment Partners LLC acquired a new position in Sun Country Airlines during the fourth quarter valued at approximately $154,000. CIBC Private Wealth Group LLC bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at $163,000. Versor Investments LP acquired a new stake in Sun Country Airlines during the 4th quarter worth $185,000. Quantbot Technologies LP bought a new position in Sun Country Airlines during the fourth quarter worth about $186,000. Finally, Proficio Capital Partners LLC bought a new position in Sun Country Airlines during the fourth quarter worth about $190,000.

Sun Country Airlines Stock Up 0.3 %

NASDAQ SNCY traded up $0.03 during trading on Thursday, hitting $9.83. The stock had a trading volume of 1,671,119 shares, compared to its average volume of 811,326. Sun Country Airlines Holdings, Inc. has a 12 month low of $8.10 and a 12 month high of $18.59. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. The company's 50-day moving average price is $12.15 and its two-hundred day moving average price is $14.05. The company has a market capitalization of $522.54 million, a PE ratio of 10.35, a P/E/G ratio of 0.42 and a beta of 1.55.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.01). Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. As a group, sell-side analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on SNCY shares. JPMorgan Chase & Co. initiated coverage on Sun Country Airlines in a research report on Wednesday, January 22nd. They set an "overweight" rating and a $23.00 price target on the stock. Barclays dropped their target price 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. Finally, Susquehanna reduced their price target on shares of Sun Country Airlines from $17.00 to $11.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $17.71.

Insider Activity

In other Sun Country Airlines news, CEO Jude Bricker sold 2,172 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $12.02, for a total value of $26,107.44. Following the completion of the transaction, the chief executive officer now directly owns 127,589 shares in the company, valued at $1,533,619.78. This trade represents a 1.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 5,826 shares of company stock worth $70,849 in the last quarter. Corporate insiders own 4.60% of the company's stock.

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.