Legal & General Group Plc Has $1.07 Million Stock Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Legal & General Group Plc reduced its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,342 shares of the company’s stock after selling 5,851 shares during the quarter. Legal & General Group Plc owned 0.14% of Sun Country Airlines worth $1,069,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. New York State Teachers Retirement System grew its holdings in shares of Sun Country Airlines by 11.9% during the 4th quarter. New York State Teachers Retirement System now owns 14,168 shares of the company’s stock worth $207,000 after purchasing an additional 1,505 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Sun Country Airlines by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 356,033 shares of the company’s stock worth $5,191,000 after purchasing an additional 1,932 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in shares of Sun Country Airlines by 9.2% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 48,735 shares of the company’s stock worth $711,000 after purchasing an additional 4,089 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Sun Country Airlines by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 190,554 shares of the company’s stock worth $2,778,000 after purchasing an additional 5,760 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in Sun Country Airlines by 29.3% in the third quarter. Franklin Resources Inc. now owns 25,483 shares of the company’s stock valued at $269,000 after buying an additional 5,782 shares in the last quarter.

Sun Country Airlines Price Performance

Shares of SNCY opened at $9.42 on Monday. 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 0.86, a current ratio of 0.63 and a quick ratio of 0.61. The company has a market capitalization of $500.75 million, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 0.42 and a beta of 1.55. The business has a 50-day moving average of $12.63 and a 200-day moving average of $14.12.

Sun Country Airlines (NASDAQ:SNCY) last released its earnings results 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 business had revenue of $260.40 million during the quarter, compared to analysts’ expectations of $258.04 million. During the same quarter last year, the firm posted $0.12 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. As a group, equities research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Buying and Selling

In other Sun Country Airlines news, CEO Jude Bricker sold 2,172 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $12.02, for a total value of $26,107.44. Following the completion of the sale, the chief executive officer now owns 127,589 shares of the company’s stock, valued at approximately $1,533,619.78. This trade represents a 1.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 6,026 shares of company stock valued at $74,249 over the last 90 days. Company insiders own 4.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Barclays reduced their price objective on Sun Country Airlines from $24.00 to $18.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price objective on the stock. Finally, Susquehanna reduced their price objective on Sun Country Airlines from $17.00 to $11.00 and set a “neutral” rating on the stock in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.71.

Sun Country Airlines Profile

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.