Dana Investment Advisors Inc. Has $9.97 Million Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Dana Investment Advisors Inc. lessened its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 683,845 shares of the company’s stock after selling 39,422 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Sun Country Airlines were worth $9,970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp boosted its position in Sun Country Airlines by 3.3% during the third quarter. State Street Corp now owns 1,580,834 shares of the company’s stock valued at $17,721,000 after purchasing an additional 51,224 shares during the last quarter. FMR LLC lifted its position in shares of Sun Country Airlines by 19.0% in the third quarter. FMR LLC now owns 717,341 shares of the company’s stock worth $8,041,000 after buying an additional 114,687 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Sun Country Airlines by 695.3% in the third quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after buying an additional 224,774 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Sun Country Airlines by 87.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock worth $6,114,000 after buying an additional 196,094 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sun Country Airlines in the third quarter worth about $500,000.

Sun Country Airlines Trading Up 0.6 %

Shares of SNCY opened at $15.53 on Thursday. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $18.59. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $825.54 million, a price-to-earnings ratio of 16.35, a P/E/G ratio of 0.42 and a beta of 1.46. The stock’s 50-day moving average price is $16.25 and its 200 day moving average price is $13.89.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $260.40 million for the quarter, compared to analyst estimates of $258.04 million. During the same period in the previous year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. As a group, research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

SNCY has been the topic of a number of recent analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a research note on Friday, November 15th. JPMorgan Chase & Co. initiated 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. Barclays lifted their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Finally, Susquehanna lifted their price objective on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Sun Country Airlines presently has an average rating of “Moderate Buy” and a consensus target price of $19.29.

Insider Activity at Sun Country Airlines

In other Sun Country Airlines news, SVP Erin Rose Neale sold 1,738 shares of Sun Country Airlines stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $14.88, for a total transaction of $25,861.44. Following the sale, the senior vice president now directly owns 30,142 shares of the company’s stock, valued at approximately $448,512.96. The trade was a 5.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John Gyurci sold 40,000 shares of Sun Country Airlines stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $15.61, for a total value of $624,400.00. Following the sale, the vice president now directly owns 12,999 shares in the company, valued at $202,914.39. The trade was a 75.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 242,279 shares of company stock worth $4,031,056 over the last three months. Company insiders own 4.60% of the company’s stock.

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.