Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 2.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 354,101 shares of the company’s stock after buying an additional 8,855 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Sun Country Airlines were worth $3,969,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Algert Global LLC grew its stake in Sun Country Airlines by 207.3% during the 2nd quarter. Algert Global LLC now owns 360,273 shares of the company’s stock worth $4,525,000 after purchasing an additional 243,028 shares in the last quarter. Maverick Capital Ltd. acquired a new position in shares of Sun Country Airlines during the second quarter worth about $1,890,000. Dana Investment Advisors Inc. increased its stake in shares of Sun Country Airlines by 114.5% during the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock worth $10,152,000 after buying an additional 431,515 shares during the period. U S Global Investors Inc. raised its holdings in Sun Country Airlines by 14.2% in the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after acquiring an additional 336,086 shares in the last quarter. Finally, VELA Investment Management LLC purchased a new position in Sun Country Airlines in the third quarter worth approximately $421,000.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, CFO David M. Davis sold 2,115 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $14.51, for a total transaction of $30,688.65. Following the transaction, the chief financial officer now directly owns 36,158 shares of the company’s stock, valued at approximately $524,652.58. This trade represents a 5.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jude Bricker sold 37,817 shares of Sun Country Airlines stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $15.29, for a total transaction of $578,221.93. Following the completion of the transaction, the chief executive officer now owns 82,895 shares in the company, valued at approximately $1,267,464.55. This represents a 31.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 44,720 shares of company stock worth $660,863. Insiders own 4.60% of the company’s stock.

Sun Country Airlines Stock Performance

NASDAQ SNCY opened at $14.94 on Friday. The company has a fifty day moving average of $13.56 and a two-hundred day moving average of $12.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $16.47. The company has a market capitalization of $790.92 million, a PE ratio of 18.44, a P/E/G ratio of 0.72 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The firm had revenue of $249.50 million for the quarter, compared to the consensus estimate of $250.30 million. During the same quarter last year, the business posted $0.14 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year. As a group, analysts expect that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SNCY. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a report on Tuesday, October 8th. Susquehanna raised their price target on Sun Country Airlines from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Barclays lifted their price target on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and an average price target of $18.33.

Sun Country Airlines Company 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.