Dimensional Fund Advisors LP Grows Stock Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Dimensional Fund Advisors LP boosted its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 10.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,186,222 shares of the company’s stock after purchasing an additional 112,397 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.25% of Sun Country Airlines worth $14,899,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. LSV Asset Management grew its stake in shares of Sun Country Airlines by 32.2% during the first quarter. LSV Asset Management now owns 252,458 shares of the company’s stock worth $3,810,000 after purchasing an additional 61,558 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of Sun Country Airlines by 199.6% during the 1st quarter. GSA Capital Partners LLP now owns 99,057 shares of the company’s stock worth $1,495,000 after acquiring an additional 65,991 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Sun Country Airlines during the 1st quarter worth about $1,208,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Sun Country Airlines in the 1st quarter valued at about $66,000. Finally, Vanguard Group Inc. raised its position in shares of Sun Country Airlines by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock worth $70,577,000 after acquiring an additional 75,252 shares in the last quarter.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.30, for a total transaction of $33,900.00. Following the transaction, the vice president now owns 14,407 shares in the company, valued at approximately $162,799.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, VP John Gyurci sold 3,000 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $11.30, for a total value of $33,900.00. Following the completion of the sale, the vice president now owns 14,407 shares in the company, valued at $162,799.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Grant Whitney sold 5,000 shares of Sun Country Airlines stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $12.06, for a total transaction of $60,300.00. Following the sale, the senior vice president now owns 25,068 shares of the company’s stock, valued at approximately $302,320.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,788 shares of company stock worth $146,152. Company insiders own 3.50% of the company’s stock.

Sun Country Airlines Stock Up 0.4 %

Sun Country Airlines stock opened at $10.00 on Friday. The stock has a 50 day moving average of $10.74 and a two-hundred day moving average of $11.89. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $17.56. The stock has a market capitalization of $528.10 million, a price-to-earnings ratio of 8.20, a PEG ratio of 0.55 and a beta of 1.54. The company has a current ratio of 0.58, a quick ratio of 0.56 and a debt-to-equity ratio of 1.01.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The firm had revenue of $254.40 million during the quarter, compared to the consensus estimate of $255.59 million. Sun Country Airlines had a return on equity of 10.34% and a net margin of 4.75%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period last year, the company earned $0.40 earnings per share. As a group, research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.84 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Morgan Stanley reissued an “overweight” rating and set a $21.00 price objective on shares of Sun Country Airlines in a report on Thursday, June 20th. TD Cowen lifted their price target on shares of Sun Country Airlines from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th. Finally, Susquehanna decreased their price objective on shares of Sun Country Airlines from $13.00 to $11.00 and set a “neutral” rating for the company in a research note on Friday, August 16th.

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.