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Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Sold by Dana Investment Advisors Inc.

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Dana Investment Advisors Inc. cut its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 683,845 shares of the company's stock after selling 39,422 shares during the quarter. Dana Investment Advisors Inc. owned 1.29% of Sun Country Airlines worth $9,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Sun Country Airlines by 3.3% during the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company's stock worth $17,721,000 after purchasing an additional 51,224 shares in the last quarter. FMR LLC lifted its stake in shares of Sun Country Airlines by 19.0% in the third quarter. FMR LLC now owns 717,341 shares of the company's stock valued at $8,041,000 after purchasing an additional 114,687 shares during the period. JPMorgan Chase & Co. boosted its holdings in Sun Country Airlines by 695.3% during the third quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company's stock worth $2,882,000 after buying an additional 224,774 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in Sun Country Airlines by 87.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company's stock worth $6,114,000 after buying an additional 196,094 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Sun Country Airlines during the third quarter worth about $500,000.

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Insider Activity at Sun Country Airlines

In other news, SVP Erin Rose Neale sold 1,738 shares of the company's stock in a transaction dated 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 transaction, the senior vice president now owns 30,142 shares of the company's stock, valued at $448,512.96. This represents a 5.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO David M. Davis sold 2,760 shares of the firm's stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $15.93, for a total transaction of $43,966.80. Following the completion of the sale, the chief financial officer now directly owns 32,260 shares in the company, valued at $513,901.80. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 242,279 shares of company stock valued at $4,031,056. Company insiders own 4.60% of the company's stock.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY traded down $0.19 during trading on Friday, reaching $14.69. The company had a trading volume of 551,739 shares, compared to its average volume of 697,597. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $18.59. The stock has a 50-day moving average price of $16.24 and a two-hundred day moving average price of $13.96. The stock has a market capitalization of $780.89 million, a PE ratio of 15.46, a price-to-earnings-growth ratio of 0.42 and a beta of 1.46.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Susquehanna lifted their price target on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a "neutral" rating in a research report on Tuesday, January 7th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $17.00 price objective on shares of Sun Country Airlines in a report on Friday, November 15th. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They issued an "overweight" rating and a $23.00 target price on the stock. Finally, Barclays raised their price target 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. 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.com, Sun Country Airlines has an average rating of "Moderate Buy" and a consensus price target of $19.29.

Check Out Our Latest Stock Report on SNCY

About Sun Country Airlines

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sun Country Airlines (NASDAQ:SNCY)

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