Jane Street Group LLC Sells 276,161 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Jane Street Group LLC decreased its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 80.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 68,996 shares of the company’s stock after selling 276,161 shares during the period. Jane Street Group LLC’s holdings in Sun Country Airlines were worth $773,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SNCY. Farther Finance Advisors LLC grew its holdings in Sun Country Airlines by 76.9% during the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after buying an additional 1,000 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Sun Country Airlines by 7.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after acquiring an additional 1,087 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in shares of Sun Country Airlines by 3.1% in the second quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company’s stock valued at $1,047,000 after purchasing an additional 2,512 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Sun Country Airlines by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 327,898 shares of the company’s stock valued at $4,118,000 after purchasing an additional 3,641 shares in the last quarter. Finally, Creative Planning lifted its position in shares of Sun Country Airlines by 36.0% during the third quarter. Creative Planning now owns 18,734 shares of the company’s stock valued at $210,000 after purchasing an additional 4,954 shares in the last quarter.

Insider Buying and Selling at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 40,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $15.61, for a total transaction of $624,400.00. Following the sale, the vice president now owns 12,999 shares of the company’s stock, valued at $202,914.39. The trade was a 75.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO David M. Davis sold 2,115 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total value of $30,688.65. Following the completion of the transaction, the chief financial officer now directly owns 36,158 shares of the company’s stock, valued at $524,652.58. The trade was a 5.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 81,670 shares of company stock valued at $1,259,172 over the last three months. 4.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SNCY shares. 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. Barclays increased their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Wolfe Research raised Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a research report on Tuesday, October 8th. Finally, Susquehanna raised their target price on Sun Country Airlines from $11.00 to $14.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $18.33.

Sun Country Airlines Trading Down 0.3 %

NASDAQ:SNCY opened at $14.53 on Friday. The firm’s 50 day moving average is $14.50 and its 200 day moving average is $12.40. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $16.34. The stock has a market capitalization of $769.22 million, a PE ratio of 17.94, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96.

Sun Country Airlines (NASDAQ:SNCY) last issued its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $249.50 million for the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business’s revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. Sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

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.