Fox Run Management L.L.C. Takes $409,000 Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Fox Run Management L.L.C. acquired a new stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,025 shares of the company's stock, valued at approximately $409,000. Fox Run Management L.L.C. owned 0.05% of Sun Country Airlines as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. lifted its holdings in shares of Sun Country Airlines by 26.5% in the 4th quarter. American Century Companies Inc. now owns 1,395,948 shares of the company's stock worth $20,353,000 after purchasing an additional 292,275 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Sun Country Airlines in the fourth quarter valued at $186,000. Proficio Capital Partners LLC acquired a new position in shares of Sun Country Airlines during the fourth quarter valued at about $190,000. Victory Capital Management Inc. increased its position in shares of Sun Country Airlines by 246.9% during the fourth quarter. Victory Capital Management Inc. now owns 119,709 shares of the company's stock worth $1,745,000 after acquiring an additional 85,201 shares in the last quarter. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Sun Country Airlines in the 4th quarter worth about $211,000.

Sun Country Airlines Price Performance

SNCY stock traded down $0.50 during mid-day trading on Friday, reaching $12.87. 345,567 shares of the company traded hands, compared to its average volume of 722,977. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $18.59. The company has a market capitalization of $684.14 million, a P/E ratio of 13.55, a P/E/G ratio of 0.42 and a beta of 1.46. 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 company has a fifty day moving average price of $15.57 and a 200-day moving average price of $14.23.

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Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.06. The business had revenue of $260.40 million for the quarter, compared to analyst estimates of $258.04 million. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. Sun Country Airlines's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 EPS. As a group, analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Activity at Sun Country Airlines

In other Sun Country Airlines news, CFO David M. Davis sold 59,389 shares of Sun Country Airlines stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.05, for a total transaction of $1,012,582.45. Following the completion of the sale, the chief financial officer now owns 32,260 shares of the company's stock, valued at $550,033. The trade was a 64.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Grant Whitney sold 2,127 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $15.98, for a total transaction of $33,989.46. Following the transaction, the senior vice president now owns 20,367 shares in the company, valued at $325,464.66. The trade was a 9.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 200,541 shares of company stock valued at $3,380,795. Company insiders own 4.60% of the company's stock.

Wall Street Analyst Weigh In

SNCY has been the subject of a number of recent research reports. Susquehanna boosted their price objective on Sun Country Airlines from $14.00 to $16.00 and gave the stock a "neutral" rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a research report on Wednesday, January 22nd. They set an "overweight" rating and a $23.00 target price on the stock. Two equities 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.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $19.29.

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.