Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock Holdings Boosted by Fmr LLC

FMR LLC boosted its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 19.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 717,341 shares of the company's stock after acquiring an additional 114,687 shares during the quarter. FMR LLC owned about 1.36% of Sun Country Airlines worth $8,041,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in Sun Country Airlines by 15.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,414 shares of the company's stock valued at $309,000 after buying an additional 2,803 shares during the last quarter. CWM LLC lifted its stake in shares of Sun Country Airlines by 1,660.9% in the second quarter. CWM LLC now owns 2,659 shares of the company's stock worth $33,000 after acquiring an additional 2,508 shares in the last quarter. Summit Global Investments boosted its holdings in Sun Country Airlines by 187.6% in the second quarter. Summit Global Investments now owns 57,157 shares of the company's stock valued at $718,000 after purchasing an additional 37,284 shares during the last quarter. Bank of New York Mellon Corp grew its stake 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 in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Sun Country Airlines during the 2nd quarter valued at approximately $80,000.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SNCY. Barclays upped their target price on Sun Country Airlines from $20.00 to $24.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Wolfe Research upgraded shares of Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 8th. Finally, Susquehanna boosted 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.33.

Insider Buying and Selling

In other news, 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 transaction of $30,688.65. Following the transaction, the chief financial officer now directly owns 36,158 shares of the company's stock, valued at approximately $524,652.58. This trade represents a 5.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jude Bricker sold 37,817 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total transaction of $578,221.93. Following the completion of the sale, the chief executive officer now directly owns 82,895 shares of the company's stock, valued at $1,267,464.55. The trade was a 31.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 44,720 shares of company stock valued at $660,863 in the last quarter. Company insiders own 4.60% of the company's stock.

Sun Country Airlines Stock Performance

SNCY traded down $0.50 on Thursday, hitting $15.26. 961,694 shares of the company's stock were exchanged, compared to its average volume of 673,213. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. The stock has a fifty day moving average of $13.36 and a two-hundred day moving average of $11.92. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $16.47. The firm has a market cap of $807.86 million, a PE ratio of 19.46, a P/E/G ratio of 0.66 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million for the quarter, compared to the consensus estimate of $250.30 million. During the same quarter last year, the business posted $0.14 EPS. The business's revenue was up .2% on a year-over-year basis. On average, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current fiscal 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.