Sun Country Airlines Holdings, Inc. $SNCY is U S Global Investors Inc.’s 8th Largest Position

U S Global Investors Inc. cut its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 11.9% in the third quarter, Holdings Channel reports. The firm owned 1,828,219 shares of the company’s stock after selling 247,888 shares during the period. Sun Country Airlines comprises 2.4% of U S Global Investors Inc.’s holdings, making the stock its 8th largest position. U S Global Investors Inc.’s holdings in Sun Country Airlines were worth $21,591,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Sun Country Airlines by 1,728.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company’s stock worth $25,000 after buying an additional 2,040 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Sun Country Airlines by 1,556.8% in the second quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company’s stock valued at $53,000 after purchasing an additional 4,219 shares during the period. GAMMA Investing LLC raised its stake in shares of Sun Country Airlines by 493.1% in the second quarter. GAMMA Investing LLC now owns 4,757 shares of the company’s stock worth $56,000 after purchasing an additional 3,955 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Sun Country Airlines during the second quarter worth about $59,000. Finally, Ameritas Investment Partners Inc. boosted its position in Sun Country Airlines by 40.4% in the second quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company’s stock valued at $61,000 after buying an additional 1,504 shares during the last quarter.

Sun Country Airlines Stock Performance

Shares of NASDAQ SNCY opened at $14.49 on Friday. Sun Country Airlines Holdings, Inc. has a 1 year low of $8.10 and a 1 year high of $18.59. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76. The company’s fifty day moving average price is $13.35 and its 200 day moving average price is $12.54. The company has a market capitalization of $763.91 million, a PE ratio of 13.80, a price-to-earnings-growth ratio of 0.32 and a beta of 1.57.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings data on Wednesday, June 22nd. The company reported ($0.09) earnings per share for the quarter. Sun Country Airlines had a return on equity of 10.32% and a net margin of 5.25%.The firm had revenue of $127.61 million during the quarter. On average, research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analysts Set New Price Targets

SNCY has been the subject of a number of recent research reports. Cowen reissued a “buy” rating on shares of Sun Country Airlines in a research report on Monday, November 3rd. Wall Street Zen lowered shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Citigroup assumed coverage on shares of Sun Country Airlines in a research report on Thursday, December 4th. They set a “neutral” rating and a $15.00 target price for the company. Zacks Research raised shares of Sun Country Airlines from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Finally, TD Cowen lifted their price objective on Sun Country Airlines from $15.00 to $21.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.88.

About Sun Country Airlines

Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.

Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.