WINTON GROUP Ltd Sells 5,615 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

WINTON GROUP Ltd cut its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,278 shares of the company’s stock after selling 5,615 shares during the period. WINTON GROUP Ltd owned approximately 0.17% of Sun Country Airlines worth $1,331,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SNCY. Prudential Financial Inc. lifted its holdings in shares of Sun Country Airlines by 65.6% during the 4th quarter. Prudential Financial Inc. now owns 258,591 shares of the company’s stock valued at $3,770,000 after purchasing an additional 102,400 shares in the last quarter. LPL Financial LLC acquired a new stake in Sun Country Airlines during the 4th quarter worth approximately $846,000. Fox Run Management L.L.C. bought a new position in Sun Country Airlines in the fourth quarter valued at approximately $409,000. American Century Companies Inc. boosted its holdings in shares of Sun Country Airlines by 26.5% in the fourth quarter. American Century Companies Inc. now owns 1,395,948 shares of the company’s stock valued at $20,353,000 after buying an additional 292,275 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Sun Country Airlines in the fourth quarter valued at approximately $186,000.

Sun Country Airlines Trading Down 1.3 %

Shares of NASDAQ:SNCY opened at $13.37 on Friday. The stock has a market capitalization of $710.72 million, a PE ratio of 14.07, a price-to-earnings-growth ratio of 0.42 and a beta of 1.46. The company’s 50-day moving average price is $15.63 and its two-hundred day moving average price is $14.20. 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 Holdings, Inc. has a one year low of $9.22 and a one year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the company earned $0.12 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. On average, equities analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SNCY has been the topic of several research reports. Susquehanna boosted their price objective 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. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price target on the stock. Two investment 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $19.29.

Insider Buying and Selling

In other news, SVP Grant Whitney sold 3,912 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $15.88, for a total transaction of $62,122.56. Following the transaction, the senior vice president now directly owns 16,455 shares in the company, valued at $261,305.40. The trade was a 19.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP John Gyurci sold 6,000 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $17.13, for a total transaction of $102,780.00. Following the completion of the sale, the vice president now directly owns 11,618 shares in the company, valued at approximately $199,016.34. The trade was a 34.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 200,541 shares of company stock worth $3,380,795. Insiders own 4.60% of the company’s stock.

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.