Jane Street Group LLC Has $773,000 Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Jane Street Group LLC reduced its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 80.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 68,996 shares of the company’s stock after selling 276,161 shares during the quarter. Jane Street Group LLC owned 0.13% of Sun Country Airlines worth $773,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Farther Finance Advisors LLC increased its stake in Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after acquiring an additional 1,000 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Sun Country Airlines during the 2nd quarter worth $80,000. US Bancorp DE lifted its position in shares of Sun Country Airlines by 4,522.7% during the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after buying an additional 8,186 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in Sun Country Airlines in the second quarter valued at about $124,000. Finally, Paloma Partners Management Co bought a new position in Sun Country Airlines in the third quarter valued at about $132,000.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price for the company in a report on Tuesday, October 8th. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. 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 note on Monday, November 4th. Finally, Barclays increased their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.33.

Insider Buying and Selling

In related news, SVP Erin Rose Neale sold 1,738 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $14.88, for a total transaction of $25,861.44. Following the sale, the senior vice president now owns 30,142 shares in the company, valued at $448,512.96. This represents a 5.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP John Gyurci sold 40,000 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president now directly owns 12,999 shares of the company’s stock, valued at $202,914.39. This represents a 75.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 81,670 shares of company stock valued at $1,259,172 over the last ninety days. 4.60% of the stock is owned by company insiders.

Sun Country Airlines Trading Down 0.3 %

Shares of NASDAQ SNCY opened at $14.53 on Friday. The stock has a market cap of $769.22 million, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46. The firm has a 50 day moving average price of $14.50 and a two-hundred day moving average price of $12.40. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $16.34.

Sun Country Airlines (NASDAQ:SNCY) last announced its 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 during the quarter, compared to analyst estimates of $250.30 million. During the same period last year, the company earned $0.14 EPS. Sun Country Airlines’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, equities analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.92 EPS 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.