13,049 Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,049 shares of the company’s stock, valued at approximately $190,000.

Several other large investors also recently added to or reduced their stakes in SNCY. Farther Finance Advisors LLC boosted its position in shares of Sun Country Airlines by 76.9% during the 3rd 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. US Bancorp DE raised its stake in Sun Country Airlines by 4,522.7% during the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after purchasing an additional 8,186 shares during the period. Stoneridge Investment Partners LLC acquired a new position in Sun Country Airlines in the 4th quarter valued at about $154,000. Paloma Partners Management Co purchased a new stake in shares of Sun Country Airlines in the 3rd quarter valued at approximately $132,000. Finally, New York State Teachers Retirement System increased its holdings in shares of Sun Country Airlines by 11.9% during the 4th quarter. New York State Teachers Retirement System now owns 14,168 shares of the company’s stock worth $207,000 after buying an additional 1,505 shares during the last quarter.

Insiders Place Their Bets

In other Sun Country Airlines news, VP John Gyurci sold 27,482 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.09, for a total value of $469,667.38. Following the sale, the vice president now owns 11,618 shares of the company’s stock, valued at $198,551.62. This trade represents a 70.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David M. Davis sold 59,389 shares of Sun Country Airlines stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $17.05, for a total value of $1,012,582.45. Following the completion of the transaction, the chief financial officer now owns 32,260 shares of the company’s stock, valued at $550,033. The trade was a 64.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 202,279 shares of company stock worth $3,406,656 in the last ninety days. 4.60% of the stock is owned by corporate insiders.

Sun Country Airlines Price Performance

SNCY opened at $12.82 on Thursday. The stock’s 50-day moving average price is $16.15 and its 200 day moving average price is $14.04. 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 cap of $681.49 million, a price-to-earnings ratio of 13.49, a PEG ratio of 0.42 and a beta of 1.46. 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 (NASDAQ:SNCY) last issued its quarterly earnings results 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 company had revenue of $260.40 million for the quarter, compared to analyst estimates of $258.04 million. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. 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 firm earned $0.12 earnings per share. As a group, sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNCY. Barclays lifted 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 restated a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a report on Friday, November 15th. JPMorgan Chase & Co. assumed 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 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. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $19.29.

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.