PharVision Advisers LLC Buys New Shares in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

PharVision Advisers LLC acquired a new stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 33,432 shares of the company’s stock, valued at approximately $487,000. PharVision Advisers LLC owned 0.06% of Sun Country Airlines as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in Sun Country Airlines in the fourth quarter valued at about $190,000. Renaissance Technologies LLC purchased a new stake in shares of Sun Country Airlines during the 4th quarter valued at about $1,475,000. Victory Capital Management Inc. raised its stake in shares of Sun Country Airlines by 246.9% during the fourth quarter. Victory Capital Management Inc. now owns 119,709 shares of the company’s stock valued at $1,745,000 after purchasing an additional 85,201 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Sun Country Airlines by 44.3% during the fourth quarter. JPMorgan Chase & Co. now owns 370,890 shares of the company’s stock worth $5,408,000 after purchasing an additional 113,789 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake 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 purchasing an additional 292,275 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Barclays dropped their price objective on Sun Country Airlines from $24.00 to $18.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. TD Cowen lifted their price target on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. dropped their target price on shares of Sun Country Airlines from $23.00 to $20.00 and set an “overweight” rating for the company in a research report on Monday, May 5th. Finally, Susquehanna lifted their target price on Sun Country Airlines from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 5th. Two 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.43.

Insider Buying and Selling at Sun Country Airlines

In other Sun Country Airlines news, CEO Jude Bricker sold 2,172 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $12.02, for a total transaction of $26,107.44. Following the transaction, the chief executive officer now owns 127,589 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders have sold 5,662 shares of company stock worth $68,045. Company insiders own 5.00% of the company’s stock.

Sun Country Airlines Trading Down 1.5%

Shares of SNCY stock opened at $11.87 on Wednesday. The business’s 50 day moving average is $11.21 and its two-hundred day moving average is $13.98. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.86. Sun Country Airlines Holdings, Inc. has a 12 month low of $8.10 and a 12 month high of $18.59. The company has a market cap of $631.58 million, a PE ratio of 12.49, a price-to-earnings-growth ratio of 0.42 and a beta of 1.57.

Sun Country Airlines (NASDAQ:SNCY) last announced its earnings results on Thursday, May 1st. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The firm had revenue of $326.65 million during the quarter, compared to the consensus estimate of $329.51 million. During the same quarter in the prior year, the company earned $0.66 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. Equities analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

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.