Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. raised its position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,554 shares of the company’s stock after acquiring an additional 5,760 shares during the quarter. Principal Financial Group Inc. owned 0.36% of Sun Country Airlines worth $2,778,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in Sun Country Airlines by 76.9% during the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after purchasing an additional 1,000 shares during the last quarter. US Bancorp DE boosted its position in shares of Sun Country Airlines by 4,522.7% in the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after purchasing an additional 8,186 shares during the period. Stoneridge Investment Partners LLC purchased a new position in Sun Country Airlines during the 4th quarter valued at about $154,000. Paloma Partners Management Co bought 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 grew its stake in shares of Sun Country Airlines by 11.9% in the 4th quarter. New York State Teachers Retirement System now owns 14,168 shares of the company’s stock valued at $207,000 after buying an additional 1,505 shares in the last quarter.

Sun Country Airlines Trading Down 1.5 %

NASDAQ SNCY opened at $15.44 on Wednesday. The firm has a market capitalization of $820.76 million, a PE ratio of 16.25, a price-to-earnings-growth 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. The business’s 50-day moving average price is $16.24 and its two-hundred day moving average price is $13.88. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $18.59.

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

Insider Buying and Selling

In other Sun Country Airlines news, COO Gregory A. Mays sold 6,147 shares of the business’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $16.08, for a total transaction of $98,843.76. Following the completion of the sale, the chief operating officer now directly owns 60,368 shares in the company, valued at approximately $970,717.44. The trade was a 9.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John Gyurci sold 1,593 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $17.00, for a total value of $27,081.00. Following the completion of the sale, the vice president now owns 11,618 shares of the company’s stock, valued at $197,506. The trade was a 12.06 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 242,279 shares of company stock worth $4,031,056. Corporate insiders own 4.60% of the company’s stock.

Wall Street Analyst Weigh In

SNCY has been the subject of a number of research analyst reports. Susquehanna upped their price target on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Barclays increased their target price 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. JPMorgan Chase & Co. initiated coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 price objective for the company. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $19.29.

About Sun Country Airlines

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.