Tudor Investment Corp ET AL Acquires Shares of 42,062 Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Tudor Investment Corp ET AL purchased a new position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 42,062 shares of the company's stock, valued at approximately $613,000. Tudor Investment Corp ET AL owned about 0.08% of Sun Country Airlines as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SNCY. Canada Pension Plan Investment Board acquired a new position in shares of Sun Country Airlines during the 4th quarter worth approximately $60,000. Aquatic Capital Management LLC bought a new stake in Sun Country Airlines in the 4th quarter valued at $102,000. Quarry LP boosted its stake in Sun Country Airlines by 355.0% in the 4th quarter. Quarry LP now owns 7,894 shares of the company's stock valued at $115,000 after purchasing an additional 6,159 shares during the period. Stoneridge Investment Partners LLC bought a new stake in Sun Country Airlines in the 4th quarter valued at $154,000. Finally, CIBC Private Wealth Group LLC bought a new stake in Sun Country Airlines in the 4th quarter valued at $163,000.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. cut their target price on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Barclays dropped their price objective on Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. TD Cowen lifted their target price 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. Finally, Susquehanna increased their target price on shares of Sun Country Airlines from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Two 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.43.

Sun Country Airlines Trading Up 3.9%

Sun Country Airlines stock traded up $0.47 during trading hours on Monday, hitting $12.32. The stock had a trading volume of 464,455 shares, compared to its average volume of 825,118. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.86. The stock has a market cap of $655.26 million, a price-to-earnings ratio of 12.94, a P/E/G ratio of 0.42 and a beta of 1.57. Sun Country Airlines Holdings, Inc. has a one year low of $8.10 and a one year high of $18.59. The business's 50 day simple moving average is $11.45 and its 200-day simple moving average is $14.04.

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

Insider Buying and Selling

In other Sun Country Airlines news, CEO Jude Bricker sold 2,172 shares of Sun Country Airlines 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 sale, the chief executive officer now directly owns 127,589 shares in the company, valued at approximately $1,533,619.78. The trade was 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 hyperlink. Insiders sold 5,662 shares of company stock valued at $68,045 over the last 90 days. Company insiders own 5.00% of the company's stock.

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.