33,024 Shares in Sun Country Airlines Holdings, Inc. $SNCY Purchased by Privium Fund Management UK Ltd

Privium Fund Management UK Ltd acquired a new stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 33,024 shares of the company’s stock, valued at approximately $475,000. Sun Country Airlines comprises about 0.4% of Privium Fund Management UK Ltd’s portfolio, making the stock its 5th largest position. Privium Fund Management UK Ltd owned approximately 0.06% of Sun Country Airlines at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. SummerHaven Investment Management LLC raised its holdings in Sun Country Airlines by 1.3% in the 3rd quarter. SummerHaven Investment Management LLC now owns 63,294 shares of the company’s stock valued at $748,000 after acquiring an additional 806 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Sun Country Airlines by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company’s stock valued at $289,000 after acquiring an additional 1,014 shares during the last quarter. New York State Teachers Retirement System raised its holdings in Sun Country Airlines by 7.7% in the 3rd quarter. New York State Teachers Retirement System now owns 17,895 shares of the company’s stock valued at $211,000 after acquiring an additional 1,284 shares during the last quarter. Legal & General Group Plc raised its holdings in Sun Country Airlines by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 68,113 shares of the company’s stock valued at $800,000 after acquiring an additional 1,395 shares during the last quarter. Finally, Yousif Capital Management LLC raised its holdings in Sun Country Airlines by 10.2% in the 3rd quarter. Yousif Capital Management LLC now owns 16,252 shares of the company’s stock valued at $192,000 after acquiring an additional 1,500 shares during the last quarter.

Sun Country Airlines Stock Performance

Sun Country Airlines stock opened at $15.88 on Wednesday. The firm has a 50 day simple moving average of $17.13 and a 200-day simple moving average of $15.86. Sun Country Airlines Holdings, Inc. has a 1-year low of $10.14 and a 1-year high of $22.29. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.83 and a quick ratio of 0.79. The stock has a market cap of $860.70 million, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 0.54 and a beta of 1.40.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Sun Country Airlines had a net margin of 3.55% and a return on equity of 6.45%. The business had revenue of $280.96 million during the quarter, compared to analysts’ expectations of $272.98 million. During the same quarter in the prior year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts expect that Sun Country Airlines Holdings, Inc. will post 1 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on SNCY. Susquehanna upgraded shares of Sun Country Airlines from a “neutral” rating to a “positive” rating and increased their price objective for the company from $12.00 to $20.00 in a report on Friday, January 9th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $19.00 price target (down from $22.00) on shares of Sun Country Airlines in a research note on Tuesday, January 13th. Zacks Research cut shares of Sun Country Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday, April 13th. Wolfe Research cut shares of Sun Country Airlines from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings cut shares of Sun Country Airlines from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.29.

Sun Country Airlines Company Profile

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.