LSV Asset Management Has $11.48 Million Stock Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

LSV Asset Management raised its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 18.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 787,378 shares of the company's stock after purchasing an additional 124,478 shares during the period. LSV Asset Management owned about 1.49% of Sun Country Airlines worth $11,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Martingale Asset Management L P acquired a new stake in Sun Country Airlines in the 4th quarter worth approximately $763,000. Renaissance Technologies LLC acquired a new stake in Sun Country Airlines in the 4th quarter worth about $1,475,000. FIL Ltd purchased a new position in Sun Country Airlines in the 4th quarter valued at $1,061,000. Invesco Ltd. raised its holdings in Sun Country Airlines by 24.8% in the 4th quarter. Invesco Ltd. now owns 278,017 shares of the company's stock valued at $4,053,000 after acquiring an additional 55,215 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Sun Country Airlines by 428.9% during the 4th quarter. Federated Hermes Inc. now owns 193,238 shares of the company's stock valued at $2,817,000 after acquiring an additional 156,700 shares during the last quarter.

Analyst Ratings Changes

Several research firms recently weighed in on SNCY. Barclays dropped their target price on shares of Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. JPMorgan Chase & Co. began coverage on shares of Sun Country Airlines in a research note on Wednesday, January 22nd. They set an "overweight" rating and a $23.00 target price for the company. Finally, Susquehanna dropped their price objective on Sun Country Airlines from $17.00 to $11.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Two 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, the company currently has a consensus rating of "Moderate Buy" and an average target price of $17.71.

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Insider Buying and Selling

In related news, CEO Jude Bricker sold 2,172 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $12.02, for a total value of $26,107.44. Following the transaction, the chief executive officer now directly owns 127,589 shares in the company, valued at approximately $1,533,619.78. This trade represents a 1.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP John Gyurci sold 6,000 shares of the business's stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $17.13, for a total transaction of $102,780.00. Following the transaction, the vice president now directly owns 11,618 shares in the company, valued at $199,016.34. This trade represents a 34.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 186,415 shares of company stock worth $3,139,352 in the last three months. 4.60% of the stock is currently owned by insiders.

Sun Country Airlines Stock Up 4.5 %

Shares of Sun Country Airlines stock traded up $0.44 on Tuesday, hitting $10.12. 1,217,926 shares of the company's stock traded hands, compared to its average volume of 753,207. The firm's 50-day moving average is $13.94 and its 200 day moving average is $14.17. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $18.59. The stock has a market cap of $537.96 million, a P/E ratio of 10.65, a PEG ratio of 0.42 and a beta of 1.55. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.86.

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