Sun Country Airlines Holdings, Inc. $SNCY Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 36.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,000 shares of the company’s stock after buying an additional 50,000 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Sun Country Airlines were worth $2,220,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Sun Country Airlines by 1,728.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company’s stock worth $25,000 after purchasing an additional 2,040 shares during the period. Nisa Investment Advisors LLC lifted its stake in Sun Country Airlines by 1,556.8% during the second quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company’s stock worth $53,000 after purchasing an additional 4,219 shares in the last quarter. GAMMA Investing LLC lifted its stake in Sun Country Airlines by 493.1% during the second quarter. GAMMA Investing LLC now owns 4,757 shares of the company’s stock worth $56,000 after purchasing an additional 3,955 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines during the second quarter worth $59,000. Finally, Ameritas Investment Partners Inc. grew its stake in shares of Sun Country Airlines by 40.4% in the second quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company’s stock valued at $61,000 after buying an additional 1,504 shares in the last quarter.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, CEO Jude Bricker sold 5,062 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $17.55, for a total value of $88,838.10. Following the transaction, the chief executive officer directly owned 167,982 shares in the company, valued at $2,948,084.10. This represents a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Erin Rose Neale sold 2,257 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $17.53, for a total transaction of $39,565.21. Following the sale, the senior vice president owned 38,931 shares of the company’s stock, valued at $682,460.43. This represents a 5.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 20,626 shares of company stock valued at $329,766. Corporate insiders own 5.00% of the company’s stock.

Sun Country Airlines Stock Performance

NASDAQ:SNCY opened at $17.97 on Friday. 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 debt-to-equity ratio of 0.76, a current ratio of 0.76 and a quick ratio of 0.73. The firm has a market capitalization of $947.38 million, a PE ratio of 17.11, a price-to-earnings-growth ratio of 0.38 and a beta of 1.57. The business’s fifty day moving average price is $15.24 and its 200 day moving average price is $13.19.

Wall Street Analysts Forecast Growth

SNCY has been the topic of several research reports. Zacks Research lowered Sun Country Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday. Wolfe Research cut shares of Sun Country Airlines from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 20th. TD Cowen reissued a “buy” rating on shares of Sun Country Airlines in a research note on Monday, November 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $19.00 target price (down from $22.00) on shares of Sun Country Airlines in a research note on Tuesday, January 13th. Finally, Citigroup increased their target price on shares of Sun Country Airlines from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Wednesday, January 7th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sun Country Airlines currently has a consensus rating of “Hold” and an average price target of $19.63.

Sun Country Airlines Company Profile

Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.

Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.