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

Dana Investment Advisors Inc. lowered its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 about 1.29% of Sun Country Airlines worth $9,970,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SNCY. Pacer Advisors Inc. acquired a new stake in Sun Country Airlines during the fourth quarter valued at approximately $30,841,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Sun Country Airlines during the 3rd quarter worth approximately $2,980,000. JPMorgan Chase & Co. raised its position in shares of Sun Country Airlines by 695.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after purchasing an additional 224,774 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Sun Country Airlines by 87.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock worth $6,114,000 after purchasing an additional 196,094 shares during the period. Finally, South Dakota Investment Council raised its position in shares of Sun Country Airlines by 232.8% during the 4th quarter. South Dakota Investment Council now owns 232,650 shares of the company’s stock worth $3,392,000 after purchasing an additional 162,741 shares during the period.

Sun Country Airlines Stock Performance

Shares of SNCY stock opened at $15.53 on Thursday. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $18.59. The firm has a market capitalization of $825.54 million, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 0.42 and a beta of 1.46. The business has a 50 day simple moving average of $16.25 and a 200 day simple moving average of $13.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.63 and a quick ratio of 0.61.

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

Wall Street Analysts Forecast Growth

SNCY has been the topic of a number of research reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a research report on Friday, November 15th. Susquehanna increased their price target on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research 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 price target on the stock. Finally, Barclays increased their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.29.

Insider Activity

In other news, CFO David M. Davis sold 2,760 shares of Sun Country Airlines stock in a transaction 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 transaction, the chief financial officer now directly owns 32,260 shares in the company, valued at approximately $513,901.80. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John Gyurci sold 40,000 shares of Sun Country Airlines stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $15.61, for a total value of $624,400.00. Following the completion of the transaction, the vice president now owns 12,999 shares in the company, valued at $202,914.39. The trade was a 75.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 242,279 shares of company stock worth $4,031,056. 4.60% of the stock is owned by company insiders.

Sun Country Airlines 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.