Dana Investment Advisors Inc. Has $10.15 Million Stock Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Dana Investment Advisors Inc. boosted its position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 114.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 808,283 shares of the company’s stock after acquiring an additional 431,515 shares during the period. Dana Investment Advisors Inc. owned 1.54% of Sun Country Airlines worth $10,152,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. CWM LLC lifted its position in shares of Sun Country Airlines by 1,660.9% during the 2nd quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after purchasing an additional 2,508 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of Sun Country Airlines in the second quarter worth $40,000. DekaBank Deutsche Girozentrale bought a new position in Sun Country Airlines during the first quarter worth $66,000. Allspring Global Investments Holdings LLC acquired a new position in Sun Country Airlines during the 2nd quarter valued at $80,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Sun Country Airlines in the second quarter valued at about $124,000.

Sun Country Airlines Trading Down 0.9 %

Shares of Sun Country Airlines stock opened at $11.21 on Tuesday. The stock has a market capitalization of $589.77 million, a P/E ratio of 9.19, a price-to-earnings-growth ratio of 0.61 and a beta of 1.54. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $17.56. The company has a quick ratio of 0.56, a current ratio of 0.58 and a debt-to-equity ratio of 1.01. The company has a 50-day simple moving average of $10.93 and a 200 day simple moving average of $11.96.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The company had revenue of $254.40 million during the quarter, compared to analyst estimates of $255.59 million. Sun Country Airlines had a net margin of 4.75% and a return on equity of 10.34%. The company’s revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the business posted $0.40 earnings per share. Research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Sun Country Airlines

In other news, SVP Grant Whitney sold 5,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $12.06, for a total transaction of $60,300.00. Following the sale, the senior vice president now owns 25,068 shares in the company, valued at $302,320.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, VP John Gyurci sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $11.30, for a total value of $33,900.00. Following the completion of the sale, the vice president now owns 14,407 shares of the company’s stock, valued at $162,799.10. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Grant Whitney sold 5,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $12.06, for a total value of $60,300.00. Following the transaction, the senior vice president now directly owns 25,068 shares in the company, valued at approximately $302,320.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,894 shares of company stock worth $105,590. 3.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $21.00 target price on shares of Sun Country Airlines in a research report on Thursday, June 20th. TD Cowen upped their price objective on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 25th. Finally, Susquehanna dropped their target price on Sun Country Airlines from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Friday, August 16th.

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.