Barclays PLC Purchases 84,906 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Barclays PLC boosted its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 260.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,457 shares of the company's stock after purchasing an additional 84,906 shares during the period. Barclays PLC owned about 0.22% of Sun Country Airlines worth $1,316,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in Sun Country Airlines by 76.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company's stock worth $26,000 after acquiring an additional 1,000 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Sun Country Airlines by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company's stock worth $188,000 after purchasing an additional 1,087 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in Sun Country Airlines by 3.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company's stock valued at $1,047,000 after purchasing an additional 2,512 shares during the period. Bank of New York Mellon Corp raised its position in Sun Country Airlines by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 327,898 shares of the company's stock valued at $4,118,000 after purchasing an additional 3,641 shares during the last quarter. Finally, Creative Planning lifted its holdings in Sun Country Airlines by 36.0% in the 3rd quarter. Creative Planning now owns 18,734 shares of the company's stock worth $210,000 after buying an additional 4,954 shares during the period.

Sun Country Airlines Stock Down 1.4 %

NASDAQ:SNCY traded down $0.21 during mid-day trading on Friday, hitting $14.94. 324,877 shares of the company's stock were exchanged, compared to its average volume of 681,590. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $16.34. The business has a fifty day moving average price of $14.39 and a 200 day moving average price of $12.32. The company has a market cap of $790.92 million, a PE ratio of 18.44, a P/E/G ratio of 0.71 and a beta of 1.46. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts' consensus estimates of $0.06. The company had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The firm's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. Equities analysts predict that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Insider Activity at Sun Country Airlines

In other news, SVP Erin Rose Neale sold 1,738 shares of the business's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $14.88, for a total transaction of $25,861.44. Following the completion of the sale, the senior vice president now owns 30,142 shares of the company's stock, valued at $448,512.96. The trade was a 5.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO David M. Davis sold 2,115 shares of the firm's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total value of $30,688.65. Following the completion of the transaction, the chief financial officer now directly owns 36,158 shares in the company, valued at approximately $524,652.58. This represents a 5.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 86,458 shares of company stock valued at $1,311,124 over the last 90 days. Corporate insiders own 4.60% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SNCY shares. The Goldman Sachs Group reissued a "neutral" rating and set a $17.00 target price on shares of Sun Country Airlines in a research note on Friday, November 15th. Susquehanna raised their target price on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Monday, November 4th. Barclays boosted their price target on shares of Sun Country Airlines from $20.00 to $24.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. Finally, Wolfe Research upgraded shares of Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price objective for the company in a report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $18.33.

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.