Yousif Capital Management LLC Decreases Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Yousif Capital Management LLC reduced its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 14.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,371 shares of the company’s stock after selling 3,265 shares during the quarter. Yousif Capital Management LLC’s holdings in Sun Country Airlines were worth $305,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LSV Asset Management purchased a new stake in shares of Sun Country Airlines during the third quarter valued at approximately $2,833,000. Vanguard Group Inc. increased its stake in Sun Country Airlines by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock worth $62,468,000 after buying an additional 150,735 shares during the period. Boston Partners lifted its holdings in Sun Country Airlines by 95.7% in the 3rd quarter. Boston Partners now owns 109,038 shares of the company’s stock worth $1,618,000 after buying an additional 53,320 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Sun Country Airlines by 12.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 309,398 shares of the company’s stock valued at $4,591,000 after buying an additional 33,847 shares during the last quarter. Finally, Illinois Municipal Retirement Fund acquired a new stake in shares of Sun Country Airlines during the third quarter valued at about $311,000.

Insider Activity

In related news, CEO Jude Bricker sold 2,145 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $14.35, for a total value of $30,780.75. Following the sale, the chief executive officer now owns 124,991 shares of the company’s stock, valued at approximately $1,793,620.85. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders sold 5,073 shares of company stock valued at $72,944. 3.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on SNCY. Susquehanna reiterated a “neutral” rating and issued a $15.00 price target (down previously from $17.00) on shares of Sun Country Airlines in a research note on Wednesday, January 10th. Morgan Stanley upgraded Sun Country Airlines from an “equal weight” rating to an “overweight” rating and set a $21.00 target price for the company in a research note on Monday, February 26th. Finally, Barclays lifted their price target on shares of Sun Country Airlines from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Sun Country Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $19.60.

Sun Country Airlines Price Performance

SNCY opened at $14.06 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 1.09. The company’s 50-day moving average price is $14.41 and its 200 day moving average price is $14.55. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $11.96 and a fifty-two week high of $23.80. The firm has a market cap of $749.27 million, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 0.47 and a beta of 1.63.

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.